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Published: February 2007      

Container lessors awash with cash…

…but finding it increasingly difficult to spend. The ready availability of low cost funding for container acquisitions may not be doing the industry any real favours.

On the face of it, the container leasing sector would appear to be in pretty good shape. As the accompanying tables show, lessors bought 1,225,000 TEU in 2006, up 37% on the 890,000 TEU acquired in 2005 and representing almost 40% of total container purchases for the year. Disposals totalled 775,000 TEU to give a net fleet addition of 450,000 TEU or close to 5%....


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