Who owns freight containers

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The largest share of container ownership belongs to leasing companies. This number is also projected to increase over the years. Container leasing companies supply and own containers for multiple reasons.

Due to trade and container imbalances, certain shipping lines may not have enough containers on hand that they can release to shippers. This means that when a shipper books a shipment with a carrier, they have no equipment available to supply the shipper with.

In this case, shipping lines lease containers from leasing companies to offset equipment shortages. There are also other reasons. Certain shipping lines are just too small to purchase and maintain containers directly and therefore prefer to lease their containers instead. In rare cases, certain shippers also lease containers to temporarily retrofit them or if certain carriers face equipment shortages.

As they fundamentally act and operate as carriers, albeit without owning their own vessels, there are several reasons why they may want to do so. If they are serving a certain type of market or segment that requires specialized containers, owning containers allows customization.

On rare occasions an NVOCC may have a longstanding business relationship with a shipper who requests a certain type of container. The NVOCCs would treat this type of container ownership as part of an investment to facilitate shipments for their customers. In essence, a freight forwarder organizes shipments and facilitates documentation flow between all respective parties. Therefore, these types of companies own shipping containers for the same reason as mentioned above.

Companies who exclusively act as freight forwarders can also own containers. However, container ownership of exclusive freight forwarders is extremely rare.

This is because freight forwarders who are typically larger also have a tendency to act as a carrier towards their customers shippers and consignees.

There are several ways to identify container ownership. The easiest way is to simply look at the side of any shipping container. I want to join shipping camny….

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I want to join in shipping line. Please suggest me. Anyone can help me to find the shipping lines who can bring charcoal? Your email address will not be published. This website uses cookies to ensure you get the best experience on our website Got it! Ten of these leading container shipping companies based on cargo-carrying capacity can be listed down as follows: Table of Contents. However, sometimes logistics or other complications require shipping lines to lease containers to fulfill requirements.

Container leasing companies, such as Triton , build containers for the sole purpose of leasing them out to shipping lines around the world. They have demand locations across the world with a stock of specialty and general containers. Basically, they are just waiting for a shipping line to be in need.

There are also some smaller shipping lines which only lease containers. There is also a small portion of containers which are owned by shippers themselves. This could be because they export regularly or because they need specialty containers for their products to be packed and stowed. Whatever the reason, shipper owned container account for a couple of percentage points of the worldwide container population.

Regardless of who owns your shipping container, when your shipment is damaged or lost they will owe you nothing. Purchase Marine Cargo Insurance and protect your next shipment from the dangers of international trade.

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