Chinese VAT blow

News

Box prices in China are set to rise in the first quarter of next year to offset the effect of a reform of the country’s export tax refund ...

Market recovery lifts profits

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China’s big two container manufacturers - China International Marine Containers (CIMC) and Singamas Container Holdings - have both reporte...

Crowley adds domcons

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Crowley Liner Services is in the market to acquire 750 45ft x 8ft 6in wide high cube container/chassis combinations under long term lease fo...

Record tank order

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Deepsea tank operator HoyerOdfjell BV, the Rotterdam-based joint venture between Hoyer GmbH of Hamburg and Odfjell ASA of Bergen, has booked...

Crowley opts for domestic boxes

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US-based Crowley Liner Services recently placed its first orders for US domestic container equipment for deployment on its US East Coast, Ca...

Mixed results for Chinese builders..

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China International Marine Containers (CIMC), the world's largest container manufacturer, has reported a profit of Yuan248.17 mill (US$30 mi...

Foltainer payback time

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The promoters of the Foltainer collapsible container say the project will continue despite regulatory authorities ordering refunds to 59 ind...

Box financing opportunities remain

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Predictably, given the recent poor performance of the global transport sector, demand for container funding has fallen dramatically during t...

Global box fleet tops 15 mill TEU

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The world's fleet of oceanborne and domestic/overland freight containers recently surpassed the 15 mill TEU mark, having grown by almost 1 m...

Singamas chalks up record profit

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Despite the global economic slowdown and depressed container selling prices last year, Singamas Container Holdings, the world's second large...

Cosco Pacific growth

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Container lessor and terminal operator Cosco Pacific has posted an increase in profit for 2001 to US$154.34 mill, up 8.3 percent over the fi...

Sicom bulker demand

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Italian container and swap body manufacturer Sicom SpA reports growing demand for its range of 30 ft dry bulk containers. Recent customers i...

IICL recognises box inspectors

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Henry F White, president of the Institute of International Container Lessors (IICL) has announced that three inspectors - Michael J S Andrad...