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News Stories (16 Results) - Containers

Global Container International LLC (GCl) announced the successful offering of $253 million fixed rated asset-backed notes secured by marine cargo containers subject to long-term lease. The Series 2021-1 offering consisted of Class A and Class B Notes... Read Story
June 07, 2021, 07:21 AM


Container leasing company SeaCube Containers LLC and Carrier Transicold announced a strategic refrigerated asset management systems platform engagement. As a result, SeaCube will be the first intermodal equipment leasing company to incorporate... Read Story
April 21, 2021, 07:05 AM


Old Hill provided $5.1 million in the form of a senior secured drawdown facility to a company that acquires and leases standard 40-foot shipping containers. Its lessees include shippers with trade routes in Asia and the Middle East. Leasing and... Read Story
February 25, 2021, 07:00 AM


GATX Corporation announced its acquisition of Trifleet Leasing Holding B.V., the fourth-largest global tank container lessor. Headquartered in the Netherlands with offices worldwide, Trifleet owns and manages a fleet of over 18,000 tank containers... Read Story
January 04, 2021, 07:23 AM


CIT Group Inc. announced its Maritime Finance business served as sole lead arranger on a $40 million senior secured credit facility for MPC Container Ships.MPC Container Ships operates a fleet of 69 vessels. Financing through its secured credit... Read Story
April 29, 2019, 07:20 AM


Triton International Limited, the world’s largest lessor of intermodal freight containers, announced its wholly owned subsidiary, Triton Container International Limited (TCIL), entered into a $1 billion term loan facility led by PNC Capital Markets... Read Story
December 05, 2018, 06:50 AM


CS Leasing announced the appointment of Mike Krengle as Vice President of Operations. This latest addition to the senior management team comes as the company continues to grow its customer base with a global portfolio of container equipment, finance... Read Story
August 16, 2018, 07:15 AM


Textainer Group Holdings Limited (TGH), one of the largest lessors of intermodal containers, announced that after 22 years Philip K. Brewer, President and Chief Executive Officer, has retired.As part of the succession planning process, the board of... Read Story
August 13, 2018, 07:20 AM


Jeffrey Gannon and Adrian Dunner, in partnership with investment vehicles managed by Wafra Inc., announced the formation of Global Container International LLC, a new marine container leasing platform with headquarters in Boston and with... Read Story
April 27, 2018, 07:25 AM


Two large equipment leasing subsectors whose performance is closely tied to global trade volumes -- containers and containerships -- have recovered meaningfully since the 2015 downturn, Fitch Ratings said. Despite some uncertainties on the horizon... Read Story
March 23, 2018, 07:15 AM


Container shipping companies have benefited from a modest increase in freight rates since the start of the year, but a sustainable recovery in the container market will only be achieved by reaching a viable supply/demand balance through capacity cuts... Read Story
June 20, 2017, 06:47 AM


SeaCube Container Leasing Limited announced the appointment of Robert F. Sappio to the position of Chief Executive Officer, effective immediately. Mr. Sappio will be based in SeaCube’s headquarters in Woodcliff Lake, New Jersey.Sappio brings... Read Story
June 08, 2017, 07:11 AM


Triton Container International Limited and TAL International Group, Inc. jointly announced that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals transaction. The transaction, which... Read Story
November 10, 2015, 07:04 AM


The Alta Group has completed a comprehensive remarketing program for Key Equipment Finance, resulting in the sale of 3,051 off-lease domestic dry van containers to an undisclosed buyer, Carl C. Chrappa, senior managing director of asset management... Read Story
November 06, 2015, 07:12 AM


SG Blocks, Inc. (SG Blocks or the "Company"), a developer and producer of innovative construction solutions utilizing code-engineered cargo shipping containers, has established a relationship with Monarch Capital Corporation ("Monarch") to provide a... Read Story
January 10, 2014, 06:23 AM


Textainer Group Holdings Limited ("Textainer"), the industry leader in container leasing, announced the award of the U.S. Department of Defense Container Management Streamlining ("CMS") Master Lease Contract. Textainer successfully completed 10 years... Read Story
January 07, 2014, 06:58 AM