Tank lessors see slowing growth as temporary

The International Tank Container Organisation (ITCO) has published its 11th Annual Tank Container Fleet Survey. As of 1 January 2023, the survey estimates that the global tank container fleet had reached 801,800 units worldwide, compared with the figure of 737,935 units on 1 January 2022 – a year-on-year growth of 8.65%.

The tank container industry is going on the offensive in terms of defending its patch, with flexitanks and ocean carriers in its sights.

Den Hartogh Logistics has acquired Tschudi Tank Transport Oy in Finland, the tank transport division of the Tschudi Group, based in Turku

The facility is part of an integrated storage and transport concept that BASF is using to improve customer service and significantly reduce logistics costs at the same time

Bloomberg has reported that HNA Group is preparing to sell container leasing company Seaco for “about $1 billion”.

In a “Joint Reasoned Opinion,” the Executive Board and Supervisory Board of VTG, one of the leading railcar leasing, rail logistics and tank container logistics companies, state that the offer price does not reflect the company’s true value, does not contain a control premium in line with the market and is a substantial discount on comparable transactions