16.7 C
Thursday, June 24, 2021
Home News Peacock confirms the acquisition of GEM Containers

Peacock confirms the acquisition of GEM Containers

Tank container leasing group Peacock Container Holding Pte. Ltd. has announced that it recently executed binding documentation through its affiliate companies in Singapore to acquire a portfolio of 9,000 tank containers and associated operating and financial leases from GEM Containers (GEM).

The acquired fleet of young assets consists of a variety of tank container types with solid long-term leases to reputable clients. The addition of assets will boost the total fleet of Peacock to 16,500 tank containers, resulting in Peacock moving to the top six largest tanks container lessors globally.

Please login or register to read the rest of the story

Latest Posts

SC Ports approves FY22 plan to improve terminal and IT infrastructure

South Carolina Ports Authority’s Board of Directors has unanimously adopted a financial plan for fiscal year 2022. The plan projects that SC Ports will handle...

CMA CGM applies congestion surcharge in Oakland

French container carrier, CMA CGM has announced a port congestion surcharge of US$250 per TEU for all types of cargo from Latin America to...

Port of Koper strengthens its container handling capabilities

The container quayside at the southern end of Pier I in the Port of Koper has been extended by 100 metres. The extended quayside with...

SCA, Ever Given owners and insurers come to a deal in principle

An agreement in principle has been reached among the Suez Canal Authority (SCA), the owners of the 20,388TEU Ever Given, which blocked the Suez...

MOL and NCC establish tank container JV company

Mitsui O.S.K. Lines (MOL), Nippon Concept Corporation (NCC) and MOL Logistics have decided to jointly establish MOL Logistics (Tank Containers) (MLGTC) in June. MOL and...