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Seaspan looking for CEO Gerry Wang's successor

hanjin1.jpg Carriers:

Seaspan CEO Gerry Wang is stepping down in December at the latest, informs the company in connection with publication of its second quarter interim report. Seaspan, which has a fleet of 114 container vessels, booked earnings of USD 35.5 million, a decline compared with last year.

Family-owned PIL could be next acquisition candidate

pil.jpg Container:

Analyst firm Alphaliner points to Singapore-based Pacific International Lines (PIL) as the most obvious acquisition candidate among the four carriers currently not part of the major alliances in the container market. However, the owning family told ShippingWatch in May that a sale was not in the cards.

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