The 'enviable position' of carriers' balance sheets...
What the numbers suggest
There is always value in viewing any sector through the prism of some of its chief suppliers. In the case of the ocean freight industry this means the container leasing sub-sector, which comprises a handful of firms – a grand total of 13 in fact – that collectively control around 50% of the world’s container fleet.
Value, what value?
Three of the largest – Triton, Textainer and CAI International (see Tab.1) – are listed in New York, with the traditional laggard Textainer (see ...
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Comment on this article
Robert Sappio
May 16, 2020 at 2:55 pmFor Gavin van Marle – You have incorrectly noted our ownership in your article of 11/05/2020. SeaCube Container Leasing, previously traded on the NYSE, is presently owned by Ontario Teacher’s Pension Plan.
Very Respectfully,
Robert Sappio
CEO
SeaCube Container Leasing
Gavin van Marle
May 16, 2020 at 6:28 pmDear Robert,
My apologies, the article has been amended.
Kind regards,
Gavin van Marle