Tank lessors face rate challenge

The International Tank Container Organisation (ITCO) has published its 11th Annual Tank Container Fleet Survey. As of 1 January 2023, the survey estimates that the global tank container fleet had reached 801,800 units worldwide, compared with the figure of 737,935 units on 1 January 2022 – a year-on-year growth of 8.65%.

The tank container industry is going on the offensive in terms of defending its patch, with flexitanks and ocean carriers in its sights.

ITCO says 2021 saw a “significant recovery in the market, with a high demand for equipment both by operators and lessors.”

A cargo train “of the future” has started test voyages through Germany and into neighbouring countries

The sale to a Canadian-German consortium is in line with earlier reports

The debt-laden French railways group is to sell its wagons and tank containers leasing arm for around €3.2B