Wednesday, 16 January 2013
Shipping Container Shortage is a Sign of Economic Growth
Despite any economic downturns and financial uncertainty in the past, world trade values are expected to grow by 19 percent from 2011 to 2014, which will result in a (almost) 90 percent increase; since 2005. In light of the current economic situation, many container leasing companies are taking the opportunity, to increase their share of the shipping container marketplace. Historically, liner carriers have owned about 55 percent of the world's supply of shipping containers, with container leasing companies owning the remaining 45 percent. Nowadays, leasing companies are responsible for 65-70 percent of the new shipping container investments, and are also investing in additional units from shipping lines; who are in need of increasing their cash reserves.
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