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SeaLead changes ownership, top management

Photo: SeaLead SeaLead vessel in port
Rapidly growing container line SeaLead has unveiled a change of ownership to a group of four investors and a new interim head of management.

Founded in 2017 SeaLead now ranks as the world’s 16th largest container line according to analysts Alphaliner has undergone a change in ownership structure.

In a statement SeaLead said that with immediate effect it would be owned by a group of four investors comprising – Eurasia Capital, HCP Investments, Access Capital Funds, and VCC subfund Saral Incorp.

“The transition to new ownership is driven by SeaLead's consistent performance and potential for further development in the container shipping industry,” the company stated.

“The new ownership aligns with SeaLead’s strategic objectives, aiming to leverage the company’s growth trajectory through enhanced governance and access to global capital markets.”

The change in ownership will also a new board of directors and a change in top management. Managing Director Henry Schmidl is leaving the company, and in the interim will be replaced by SC Chan a strategic advisor to SeaLead since November 2022. Chan is a liner industry veteran and previously Regional Managing Director for OOCL Singapore.

A new board of directors will be announced at a later date.

“This change is not expected to lead to any disruption to SeaLead’s operations, ensuring a seamless transition for customers, employees, and partners,” the company said.

 

TAGS: Asia