ITCO publishes tank depot guide

The industry continues to be dominated on a global level by a relatively small number of major tank container operators and leasing companies.

Suttons International is now doing its own repair and refurbishment services in North West England.

Boasso Global, part of of Quality Distribution, Inc has acquired Den Hartogh’s European depot and tank cleaning services business

The latest ITCO survey shows growth in the global tank container fleet, but fewer new units were built last year.

Tank container lessors have enjoyed strong growth this century, but the slowdown of the world economy has exposed overcapacity in the sector.

After a period of steadily growing output, tank container manufacturers may have to be more cautious in the immediate future.