SeaLead Announces Ownership Change and Management Update

February 16, 2024

Singapore – SeaLead, a fast-growing global shipping line, today announced a change in its ownership structure and a management transition, reflecting a strategic move aimed at reinforcing its market position and enhancing operational and commercial capabilities. 

Introduction to New Ownership

Effective immediately, the ownership of SeaLead has transitioned to a group of investors, comprising:

  • Eurasia Capital: a Singapore-registered equity and debt multi-purpose fund that invests in multiple geographies across various sectors. With an in-depth understanding of diverse industries, including expertise in the maritime and logistics industry, they strive to identify attractive investments across the maritime value chain.
  • HCP Investments: a Mauritius-based fund that invests across equities, debt notes, performance loans, derivatives as well as distressed assets across various markets and industries and with a target market includes Singapore, Malaysia, Thailand, UAE and other GCC countries.
  • Access Capital Funds: a Cayman Islands-registered fund that employs multi-asset investment strategies across sectors and geographies.
  • Saral Incorp. VCC SubFund: a Mauritius-registered fund that employs multi-asset investment strategies across sectors and geographies.

For reference, this change in ownership is officially recorded in the ACRA (Accounting and Corporate Regulatory Authority) registry, the authoritative body in Singapore, SeaLead’s country of legal incorporation.

As part of the new ownership structure, a Board of Directors will be set up to represent the interests of the new owners in overseeing SeaLead. This board will be instrumental in providing strategic oversight and ensuring that SeaLead’s operations align with the new owners’ long-term goals. Further details about the Board of Directors, including its composition and specific responsibilities, will be announced in due course.

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.

Leadership Transition

In conjunction with this ownership change, Henry Schmidl, the Managing Director of SeaLead, will depart the company. This decision is part of the strategic realignment under the new ownership. We acknowledge Mr. Schmidl’s contributions to SeaLead and wish him success in his future endeavors. In the interim period, SC Chan, an experienced Liner executive and who was already a part of the SeaLead Management team, will serve as Head of SeaLead.

Implications for SeaLead’s Operations

This change is not expected to lead to any disruption to SeaLead’s operations, ensuring a seamless transition for customers, employees, and partners. The new ownership structure is expected to strengthen SeaLead’s operational capabilities, expand its market reach, and enhance its service offerings in the container shipping sector.

Contact SeaLead

For more information, please contact SeaLead Media Contact Toby Edwards, at toby.edwards@sea-lead.com or visit sea-lead.com 

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