Seaco readies container ABS as maritime trade recovers sharply

By Jennifer Kang
01 Mar 2021

Marine container company Seaco is issuing the fifth container securitization of 2021, riding the wave created by recovering container trade volumes, utilisation rates and steel prices.

Seaco is one of the largest container lessors globally, leading the market with other big names such as Textainer. The company is owned by Chinese conglomerate HNA Group, which is headquartered in Hainan.

Like many other issuers in the sector, Seaco experienced record issuance volumes in 2020. The company ...

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