SeaLead, a global shipping company, has announced a change in ownership structure and management transfer.
SeaLead’s ownership has now been transferred to a group of investors, which includes:
- Eurasia Capital: A Singapore-registered equities and debt multi-purpose fund that invests in different regions and industries such as: the marine value chain, leveraging their extensive knowledge of several sectors, including maritime and logistics experience.
- HCP Investments: a Mauritius-based fund that invests in shares, debt notes, performance loans, derivatives, and distressed assets across multiple markets and industries, with a target market including Singapore, Malaysia, Thailand, UAE, and other GCC nations.
- Access Capital Funds: a Cayman Islands-registered fund that uses multi-asset investing methods across industries and continents.
- Saral Incorp. VCC SubFund: a Mauritius-registered fund that uses multi-asset investing methods across industries and regions.
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SeaLead noted that the change in ownership has been officially documented in the Accounting and Corporate Regulatory Authority (ACRA) registry, which is the authoritative agency in Singapore, where SeaLead was legally incorporated.
As part of the new ownership structure, SeaLead will form a Board of Directors to reflect the new owners’ interests in managing SeaLead. This board will be critical in providing strategic supervision and ensuring that SeaLead’s activities are consistent with the new owners’ long-term objectives.
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The transition to new ownership is driven by SeaLead’s consistent performance and potential for further development in the container shipping industry. The new ownership aligns with SeaLead’s strategic objectives, aiming to leverage the company’s growth trajectory through enhanced governance and access to global capital markets.
In accordance with the ownership transition, SeaLead’s Managing Director, Henry Schmidl, will leave the firm. This decision is part of a strategic realignment under the new ownership.
According to SeaLead, SC Chan, an experienced Liner executive who was formerly a member of the SeaLead Management team, will act as Head of SeaLead.
In July 2023, SeaLead announced the opening of a new office in Mumbai, India.
