Singamas looks to container leasing as box sales decline
Singamas, the world’s fourth-largest container manufacturer, is to target more revenue from leasing, rather than ...
Shipping disruption has triggered “exceptional growth” in the world container fleet, as congestion and longer transit times tie up more containers than ever before.
According to Danny den Boer, director of global sales and trading at SeaCube Containers, the world container fleet grew by 15% last year to 51.4m teu, compared with pre-Covid average annual growth of 5%.
“It’s exceptional, caused by the severe disruptions in global supply chains,” Mr den Boer said on a webinar hosted by Container xChange.
“But it was ...
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