Tank container fleet grows 7.3% in 2021
NewsITCO says 2021 saw a “significant recovery in the market, with a high demand for equipment both by operators and lessors.”
Tank lessors welcome boom in demand
For tank container lessors the debacle that was 2009 is becoming a distant memory as the strong demand for new tanks enters its second year and lease rates are the most resilient in over a decade.
The strong recovery in the global chemical industry from the lows of 2008 and 2009 has generated significant demand for both tank containers and the services of tank container leasing companies. The leasing of tanks represents a relatively inexpensive way of augmenting existing logistics networks and establishing new supply chains for bulk liquids, powders and gases – a key factor during the current period of uncertainty in the global financial markets.
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This complete item is approximately 2000 words in length, and appeared in the August 2011 issue of WorldCargo News, on page 38. To access this issue download the PDF here.
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