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Seachange Maritime exiting container shipping

Photo of Sam Chambers Sam ChambersApril 26, 2017
140 Less than a minute

Miami-based Seachange Maritime is about to exit the container shipping sector. Since the start of the year, Seachange Maritime has sold the 2,826 teu Tasanee, the 2,754 teu Taroko, the 2,564 teu Imara and the 1,577 teu Manatee, according to Alphaliner. These deals follow the sale of the 2,135 teu Kamala, back in December 2016, which was purchased by China’s Xin Ou Shipping and renamed Xin Ou 19.

Seachange Maritime was set up in 2006 by two former Ofer Group executives, Samuel Norton and Yariv Zghoul, with the backing of US private equity, according to Alphaliner. At its peak it had a dozen vessels.

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Photo of Sam Chambers Sam ChambersApril 26, 2017
140 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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