Global equipment pool to decline this year
NewsThe global pool of dry freight containers is expected to fall in 2023 as ocean carriers and lessors dispose of surplus units that have built up in the fleet since the end of 2020.
Singamas Container Holdings has stolen a considerable march on rival container manufacturer China International Marine Containers (CIMC) by acquiring a controlling interest in northern Chinese dry freight box builder Tianjin International Maritime Container Engineering Co Ltd (TIMCO).
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