WHAT WE DO?

Our mainly products were globe valve,angle valve,gate valve,SDNR valve,check valve,hose valve,storm valve,butterfly valve,air vent head,strainer tec, according to DIN,JIS,ANSI,API,BS,GB,CB,CBM,AS standard. Material is including cast iron,ductile iron,cast steel,cast bronze,forged brass,stainless steel,forge steel,and can be extensively used in marine,petroleum,chemical, metallurgical,electric power,architectural,agriculture field.

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WHAT WE DO?

OUR VALVE PACKING

We have our own packing worshop and workman to tailored packages according to the product.All of our valves were packing carefully by plywood cases,to avoid damage when transportation by air,by sea,or by courier.

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OUR VALVE PACKING

OUR STORAGE

Our warehouse area was more than 2000 square meters with large ex-stock valves including gate valves,globe valves,butterfly valves ,bronze vavles and air vent head,to meet the demand of customer's spot requirement.This make us save the time to prepare order and provide the customer faster delivery.

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OUR STORAGE

PRODUCT PROCESSING

We have more than 120 product processing staffs,including 24 senior engineers&12 R&D engineers,Moreover,We have well-working machining equipments and inpsection equipments for vavles.That make sure we could processing the high-quality valves.

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PRODUCT PROCESSING

Seaspan acquires 89% stake in Greater China Intermodal Investments

2018-03-16 18:18:36

Seaspan acquires 89% stake in Greater China Intermodal Investments
www.byvalves.com
Global containership owner and operator Seaspan has purchased the remaining 89% share that was not previously owned in Greater China Intermodal Investments (GCI) from affiliates of The Carlyle Group and the minority owners of GCI.
The consideration of the deal includes around $330m cash and a $50m issuance of Seaspan Series D preferred shares.
The acquisition has allowed Seaspan to gain control of 18 10,000 twenty-foot equivalent units (TEU) and 14,000TEU Eco-Class vessels operated by GCI.
Of the 18 vessels, 16 are on-the-water vessels, while the remaining two new-build vessels are scheduled to be delivered in the second quarter of this year.
Seaspan was engaged in the design, construction, delivery and operations of all the GCI vessels, which are now sister ships to its current fleet.
Seaspan president and CEO Bing Chen said: “This significantly accretive acquisition materially increases our contracted future revenues and enhances our ability to provide our customers with modern, state-of-the-art containerships.
“This significantly accretive acquisition materially increases our contracted future revenues.”
“With GCI’s fleet now under our ownership, we are strengthening our partnerships with customers and enhancing our scalable integrated platform for sustained growth and future consolidation.
“As the container shipping industry is beginning to show signs of a recovery, we are taking decisive actions to capitalise on compelling opportunities in our market.”
The existing fleet of GCI is also set to contribute roughly $1.3bn towards Seaspan’s contracted future revenues to increase its total contracted future revenues to around $5.6bn.
In 2019, GCI is expected to earn $185m-$200m in annual EBITDA.
GCI’s implied enterprise value is estimated to be around $1.6bn, which features an assumed third-party net debt of roughly $1.0bn and $140m of future vessel payments.
Fairfax Financial Holdings, through its certain subsidiaries, has also signed definitive agreements to invest an additional $250m in Seaspan Debentures and Warrants.