Prospects remain hot for reefer lessors
NewsReefer demand recovered strongly in 2010 and with shipping lines short of investment funds, the leasing sector reaped the benefit....
Tank lessors ride market rebound
NewsTank container lessors are welcoming their customers back after a torrid year in 2009 when demand for new tanks evaporated....
Cronos takes UES Intermodal fleet
NewsIn the latest round of consolidation in the container leasing industry, Cronos Ltd has take over the management of the majority of the 220,0...
IICL releases fleet survey
NewsThe Institute of International Container Lessors (IICL) has released its 2009 Annual Leased Container Fleet Survey, which shows that the wor...
Reefer production holding steady
NewsDemand for standard dry freight containers may have hit the buffers last year in the wake of the global economic downturn, but reefer produc...
Reefer lessors face up to the credit crunch
NewsReefer container lessors face increasingly tough times, with many more competitors active today than two years ago. But despite the worsenin...
2008 IICL fleet survey released
NewsThe Institute of International Container Lessors (IICL) has released its 20th Annual Leased Container Fleet Survey, which shows that survey ...
A higher cost climate for container lessors
NewsDespite the fact that new container prices are at their highest point in more than 15 years, the world’s container leasing industry is on ...
New players enter reefer leasing fray
NewsReefer container demand held up strongly during 2007, prompting several high-profile lessors to dip their toes in the market for the first t...
Cronos launches Car Rack
NewsThe Equipment Services Division of box lessor Cronos Containers has launched a new, patented solution for the containerised carriage of cars...
Box lessors confront a changing market
NewsThe world’s container leasing industry is confronting a changed market climate as returns come under pressure like never before and increa...
Buyout costs dent Cronos figures
NewsContainer lessor Cronos Containers has reported net income for the quarter ended March 31, 2007 of US$2.3M, or US$0.28 per diluted share, co...
Private moves and public gestures
NewsTwo of the world’s largest container lessors are going private, while two more are set to be listed....
Tank lessors fill their orderbooks
NewsDespite high newbuild prices and long lead times, the strong demand for tank containers is prompting lessors to book orders for new units in...
Fortis backs Cronos management buyout
NewsThe Cronos Group has entered into a definitive asset purchase agreement with CRX Acquisition Ltd, a newly-formed company owned by members of...