The demand for container financing services has grown considerably in recent years. The industry has responded with an increasingly diverse and sophisticated range of finance lease products...
The purchase of containers through finance lease has become increasingly popular with shipping lines in recent years as new box prices and interest rates have fallen to record low levels. Although the world operating lease fleet has yet to lose significant ground overall, many shipping lines have now switched away from using high-cost master lease agreements (MLAs) in favour of longer-term, "no-frills" operating leases or direct investment, or a combination of both......
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Approx 3000 words from WorldCargo News, May 2000,
page 41.