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You are here: Home Archive 2010 August Weekly Edition 12th August Cronos predicts rise in box leasing

Cronos predicts rise in box leasing

by Roger Hailey, London last modified Aug 17, 2010 04:11 PM

CONTAINER leasing company Cronos says that shipping lines will increasingly turn to leased boxes as carriers focus on ship energy costs and “breathe” their vessel fleet to meet changing cargo demand.

Cronos president and chief executive Peter Younger said that rising cargo volumes and slowsteaming require proportionally more ships and containers than before.
“We think there is a gap between the amount of container equipment needed and what is available right...

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