Shipping containers are mainly owned by

– Shipping lines

– leasing companies,

– but sometimes also by NVOCCS

– or shippers themselves

Shipping lines like Maersk, MSC or Hapag Loyd operate their own fleet of containers they use for their own requirements. However, they run into situations where they have a shortage of a certain type of container or in a specific location. That’s where leasing companies like Triton or Seaco come into play – the provide equipment on different lease terms to shipping lines or NVOCCs. Also read Martyn Bensons answer on Quore where he described the financial background of container leasing companies a bit more.

Currently, there is a move towards container leasing and away from carrier ownership according to Drewry’s latest report. Leasing companies accounted for 55% of newly built container purchases in 2017. Because the fleet of containers owned by leasing companies grows by approx. 7% the share of equipment owned by lessors is now 52%. And Drewry expects the share to grow to 54% until 2020. Not owning the container has several benefits for shipping lines such as financial savings (storage costs), maintenance, repair or repositioning.

A few percents of the global container stock are owned by the shipper himself. That makes sense for certain locations where it is hard to get good offers from shipping companies. Shipper owned containers benefits include:

(1) Control of supply:

Find containers on your own which is essential for ports where shipping lines are unable to provide boxes or only at very high costs

(2) Control of ownership:

Condition, size, a period of time or the decision between buying and leasing the box – with SOC containers that’s your decision

(3) Control of cost:

Avoid demurrage & detention costs as you are not obligated to return the equipment within a certain time frame

.. and you can use/ supply containers for SOC use with Container xChange online.