UK investment bank launches finance product to probe box lease opportunities

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A new asset finance vehicle for shipping lines looking to remove their container fleets from balance sheets opened for business in London this week.

UK investment bank Investec’s asset finance arm has launched a team dedicated to the container industry, looking to fill the emerging gap between the top tier of mega-sized container lessors and smaller box fleet owners, as well as offering box financing solutions to shipping lines keen to hang on to precious cash reserves.

The bank has appointed Keith ...