What the global sea container rental market expects

Companies specializing in the rental of sea containers report a slowdown in the second quarter of the return of containers by customers of sea carriers and predict a recovery in demand for containers in the second half of the year, reports The Loadstar.

According to the publication, lessors of container equipment should benefit from the delivery of new container ships with a total capacity of 1.2 million TEU by the end of the year, which will require a reduction in speed on services, and, as a result, increase the turnover time of containers.

According to The Loadstar, in total, sea carriers lease about 50 out of 54 million containers of the global fleet, which they use on trade routes around the world. Therefore, landlords are heavily dependent on changes in supply and demand.

The two largest lessors of container equipment, Triton and Textainer, whose total market share is 41%, are generally optimistic about the prospects for the second half of the year.

Other news

Watch all the news

26 October

# Expert Advice Section

Export volumes of Russian bunker fuel remain stable

The volume of bunker fuel exports from Russia remains relatively stable, writes Hellenic Shipping News. So, in November, Russia exported 2.17 million tons of fuel oil with an average of 2.08 million t...

Подробнее

26 October

# Expert Advice Section

In July, the lines increased the carrying capacity by 200 thousand TEU

In July, sea carriers with the commissioning of new container ships increased their carrying capacity by another 200 thousand No. In June, container ships with a record total capacity of about 300 tho...

Подробнее

26 October

# Expert Advice Section

China import and export, 7 months of 2023

China's foreign trade turnover in the first 7 months of 2023 amounted to 3.4 trillion dollars, 6.1% less than in January-July last year.

At the same time, Chinese exports for the first ...

Подробнее