Seaco Ltd. (SEAOF)

[Lone Wolf]

And therein lies the irony. They were a billion dollar business that liquidated their operations...yet, they are still operating and evidently growing the IT side of the markets / business they were in.

So Seaco was formed as a holding company for the purpose of distributing the proceeds of the Sea Containers Ltd. liquidation. As this process moves forward, sounds like there are two considerations:

1. the outcome of the proxy vote will determine what remains within the holding company and

2. separate from the liquidation of Sea Containers Ltd., the current entity is developing an IT infrastructure for the shipping container industry that will run off of Amazon Web Service.

Now I'm all confused. Why is this trading just off the trips?

Tuesday, April 07 2015 9:04 AM, EST
Presswire.com: Seaco Goes Live with SAP on AWS

M2 Communications "M2 PressWIRE"
London, United Kingdom - -- UK SAP Service Partner Lemongrass Consulting Limited announces it has completed one of the world's largest productive SAP migration to Amazon Web Services (AWS).


Seaco now runs its entire IT estate on the AWS cloud, thanks to the migration programme planned and executed by Lemongrass and the Seaco IT team. The global SAP Landscape now within AWS includes: ERP, CRM, BW, Portal, BI, Gateway, Content Server and Solution Manager, and all management tools and applications previously hosted in a traditional Data Centre, were also migrated to cloud.


One of the core business drivers behind its move to AWS has been the proven ability to scale up capacity when required. Seaco's critical billing run time was slashed by 75%, significantly improving this business critical process while providing a solid platform for growth. The migration also helps Seaco to make significant annual cost savings.