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Published: February 2002      

Container lessors take stock

The container leasing industry is under the cosh. A number different strategies are being adopted to cope with the current poor market conditions

After buying a record 850,000 TEU in 2000, which resulted in a net increase after disposals of 7.15 per cent in the global operating lease fleet, the leasing sector pulled in its horns last year as a steep decline in world trade saw demand for leased equipment slump dramatically. As Tables 1 and 2 show, lessors bought 45 per cent fewer containers in 2001 and disposed of 23 per cent more for a net fleet increase of just 0.2 percent - the lowest growth rate on record. According to a number of leading players, the situation is not likely to change much this year and a net fall in the size of the operating lease fleet could occur for the first time ever....


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Approx 2985 words from WorldCargo News, February 2002, page 34.

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