Container leasing market under pressure as carriers cut back

After a strong first six months with container drop-offs at an exceptionally low level, container leasing companies face a tougher second half.
Financially stressed ocean carriers are closing loss-making routes and postponing new services.
This month’s Drewry Container Census & Leasing annual review and forecast report expects the return for the sector to be “squeezed”, due to the higher cost of newbuild equipment and static leasing rates.
“With little change in lease rates anticipated over …

The post Container leasing market under pressure as carriers cut back appeared first on The Loadstar.

Source: The Loadstar

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