Business and Financial Review • Aug 10, 2010
Business and Financial Review
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Shipping container rental is breaking its historical records with a utilization rate of 97.1% as of July 30, 2010, and is also showing a 20% growth in leasing rates since January 2010.
After the drop in international trade in 2009 (-10%), and lower worldwide production of new shipping containers (fewer than 300,000 containers were built in 2009 while more than 3 million were produced in 2008), international freight volume has greatly increased, triggering increased demand for shipping containers since January 2010.
A reminder that international trade is forecasted to increase by 9.5% in 2010 (source WTO), which would bring about an 8.8% increase in container transport (source: Clarkson).
The TOUAX Group operates a fleet of 500,000 container TEUs through its wholly-owned subsidiary, GOLD Container, for both operational and financial leasing as well as for sale. It offers global shipping companies worldwide service through a network that operates out of over 120 ports on all five continents.
The TOUAX Group provides its operational leasing services to a global customer base, both for its own account and on behalf of investors. TOUAX is the European leader in shipping containers and river barges, and #2 in modular buildings and freight railcars (intermodal railcars). TOUAX is well positioned to take advantage of the rapid growth in corporate outsourcing of nonstrategic assets and every day offers efficient and flexible leasing solutions to more than 5,000 customers.
TOUAX is listed in Paris on NYSE EURONEXT – Euronext Paris Compartment C (ISIN Code FR0000033003). SBF 250 index
Contacts: TOUAX ACTIFIN Fabrice & Raphaël Walewski Jean-Yves Barbara Managing Directors [email protected] [email protected] www.touax.com Tel: +33 (0)1 56 88 11 11 Tel: +33 (0)1 46 96 18 00
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