Seaspan CEO Bing Chen has pledged to lead further consolidation in the boxship industry after completing the takeover of Greater China Intermodal Investments (GCI) in his first two months in the top job.
"It's a very exciting time," the former BNP Paribas banker told TradeWinds.
The New York-listed owner is paying $380m to buy the remaining 89% it did not have in GCI from The Carlyle Group and minority owners.
