The companies set out to offer a new schedule reliability benchmark for the shipping industry
Shanghai Shipping Exchange, a leading shipping index organization, and CargoSmart Limited, a leading global shipment management software solutions provider, have signed a Memorandum of Cooperation to develop a new shipping index for ocean carrier schedule reliability. Working together, Shanghai Shipping Exchange and CargoSmart will create a new methodology to calculate schedule reliability for key trade lanes to help shippers optimize their supply chains and for the industry as a whole to improve service quality.
As an open, fair and unbiased platform, Shanghai Shipping Exchange has been playing a significant role in providing up-to-date and accurate shipping information for the global shipping market, including publishing the China Containerized Freight Index (CCFI) and Shanghai Containerized Freight Index (SCFI). “The alliance with CargoSmart allows us to expand the insights we provide for the shipping industry,” said Yao Weifu, Vice President of Shanghai Shipping Exchange. “We look forward to collaborating with CargoSmart to deliver a new shipping index that increases transparency to ocean carrier performance.”
With over 20 years of experience in providing shipping management solutions and connections with more than 20 ocean carriers, CargoSmart monitors and analyzes over 16,000 vessels, 1,400 global container terminals, 3,000 ocean carrier services representing 85% of the market, and 10 million sailing schedules. By tapping into its comprehensive database and applying analytics, CargoSmart will enable effective and accurate measurement of ocean carriers’ schedule reliability performance. “CargoSmart and Shanghai Shipping Exchange share a common desire to improve supply chain efficiency and productivity,” said Lionel Louie, chief commercial officer of CargoSmart. “Our cooperation will extend our contributions to the shipping industry.”
“At C.H. Robinson, we are committed to providing a customer-centric and efficient operation that takes customer needs, market conditions and regulations into account for our customers to optimize their supply chains,” said Kim Guan, Ocean Service Manager of logistics service provider, C.H. Robinson. “We are excited that the Shanghai Shipping Exchange will be offering a standardized schedule reliability index that we can benchmark to offer more insightful carrier and route recommendations for our customers.”
Shanghai Shipping Exchange and CargoSmart will establish the index scope and methodology through a joint working group to further develop new insights for the shipping industry.
ANTARTIKA ADISARANA (ATA), headquartered in Singapore, was incorporated in September 1994 and commenced operations since 1st January 1995. ATA as a dedicated common feeder operator offers one of the widest coverage in West Asia (India and Bangladesh), and South East Asia (Indonesia, Malaysia, Thailand, Cambodia, Myanmar, Vietnam and Philippines) with regular frequencies connecting MLO mother vessels to/from hub ports particularly Singapore.
Headed by a professional management team, ATA operates ships with capacities ranging from 200 to 2000 Teus serving over 30 destinations in more than 10 countries in the region. ATA is committed to provide reliable schedule integrity and good connectivity with MLO sailing through deployment of an efficient fleet and backed by quality customer services.
The Company continues to seek growth opportunities, widen market coverage as well as enhancing services to the satisfaction of our customers.
The primary functions of a Container Depot are:
• Receipt and dispatch/delivery of cargo
• Stuffing and stripping of containers
• Transit operations by rail/road to and from serving ports
• Customs clearance
• Consolidation and desegregation of LCL cargo
• Temporary storage of cargo and containers
• Reworking of containers
• Maintenance and repair of container units
To be the preferred and leading container depot in Jakarta area by serving top 10 shipping line in the world in an efficient and innovative manners"
We develop our human resources and utilizing Information Technology (IT) as our differentiating factors to achieve cost efficiency, visibility, improve productivity, customer service and at the end creating loyalty to our customers.
Container leasing involves entering into a working agreement with a container supplier. The supplier agrees to deliver a minimum number of containers to the client, with the understanding that the containers will be used for a specified time and at a rate documented within the terms of the lease agreement. Both the supplier and the customer will also agree to other terms and conditions required by applicable laws, and any other negotiations made between the two entities.
One of the main benefits to container leasing is the flexibility that is often built into the lease agreement. Often, the supplier and client agree upon a minimum number of containers to be in the possession of the client for the duration of the lease. However, additional containers can be requested and delivered for use when and as the customer needs them. It is not unusual for discount leasing fees to be applied to those extra containers. As a result, the customer only keeps what is needed on hand, but has immediate access to additional containers with only minimal expense involved.
Companies also find that a container leasing arrangement helps to eliminate the need for upkeep on the containers themselves. While customers are expected to take reasonable care of the containers, most container leasing companies realize that normal use takes place. Customers can turn in older containers for newer ones from time to time, often without any changes to the terms of the leasing agreement. Sell offs from leasing companies is a great source of second hand containers. It is not unusual for a container lease to provide customers access to more than one type of container for shipping purposes.
A given contract may establish the ability of the client to enjoy tank container leasing privileges along with the standard storage container lease that is common for units constructed for use with dry stuffs. This arrangement tends to work well for companies that import and export goods from various continents, or that sell both solid and liquid goods.
Providers sometimes include provisions in their container leasing agreements that make it possible for customers to receive discounted pricing should they choose to purchase a minimum number of units. This provision is helpful for companies going through an expansion that makes it more feasible for the business to own and operate their own transportation network rather than use sub contract. Often, the cost per unit is significantly less than purchasing containers from a new supplier.
Because there are advantages to container leasing as well as container ownership, companies may require some assistance in determining which option is in the best interests of the company. A reputable container sales and leasing company such as www.fabandsite.co.uk can help business owners evaluate their needs and decide if purchasing containers would be a better approach than container leasing.
Container Agents
In this section we introduce Shipping Container agents, who will provide services for global transportation of Shipping Containers.
Incorporating haulage and logistical services,customs clearance and delivery worldwide.
UK PORTS AUTHORITIES
Aberdeen Harbour Board - One of the busiest ports in Britain handling almost 9,000 vessels annually - including North Sea oil and ferry traffic.
Associated British Ports - Company provides port facilities and services to shippers and cargo owners. Includes information for investors and shareholders.
Associated British Ports - Immingham - Maps, commodities and facilities.
Associated British Ports Humber Estuary Services - Discusses the Rivers Humber, Ouse and Trent for commercial and leisure users, including pilotage,tidal, navigation and statutory issues.
Axmouth Harbour - East Devon Council discusses this recreational and inshore fishery port and its navigation.
Bembridge Harbour Trust - Registered charity seeks to promote Bembridge Harbour on the Isle of Wight .
Bo'ness: Harbour - Bo'ness is situated on the Firth of Forth, west of Edinburgh. The harbour has a long and interesting history dating back to 80AD when Agricola invaded Scotland, but it was closed to commercial trade in 1959.
British Ports Association - Trade association offers background and policy concerns on the UK ports and harbours industry, and provides a list of its members.
Cattewater Harbour Commission - Port in Plymouth, England, offering access to privately owned facilities for both commercial shipping and leisure craft.
Chichester Harbour Conservancy - Providing up to date information on all aspects of chichester harbour. Details on leisure, sailing,navigation, moorings, environment, education and harbour facilities. Plus local weather and tide information.
Clydeport - Company manages the River Clyde and the ports of Glasgow, Greenock, Hunterston and Ardrossan on the west coast of Scotland.
Comhairle nan Eilean Siar - Harbour - Council for the Outer Hebrides or Western Isles Master discusses ferry ports, piers and harbours, as well as safety and traffic routing.
The Confederation of the Cinque Ports - Historic association of maritime towns in Kent and Sussex. Includes history, heraldic and ceremonial information, events, contacts and links about the ports and associated towns.
The Cromarty Firth Port Authority - Offers details on support offered, conservancy,news and contact details.
Dart Harbour and Navigation Authority - Describes this busy port located on the River Dart, Dartmouth, South Devon, England and its facilities for local fishing vessels, naval shipping, cruise ships and private vessels. Includes news and events calendar.
Dover Harbour - Details of the ferry port, cruise terminal and marina, plus information for passengers.
DP World Southampton - Includes news, container terminal pictures and container terminal plan. Full contact details provided.
EastPort UK - Privately owned modern facility at Great Yarmouth integrating a new deep-water outer harbour with a well established river port. Includes details of the commercial facilities, and marine and corporate information.
Eastport UK Cargo Handling Ltd - Cargo handlers and stevedores handling all types of import and export commodities. Heavy lifts and project cargo a speciality. Timber, steel products and paper distributors UK wide. Covered and open storage.
Falmouth Harbour - Port in Cornwall discusses tall ships, the yacht haven, approaches and visitor facilities.
Felixstowe Port - Now by Pat Gardiner - The past, present and future of one of the UK's premier ports.
Forth Ports PLC - Company operates ports in the United Kingdom,including Grangemouth and Tilbury.
Fowey Harbour - Trust port in Cornwall welcomes cruise ships, commercial vessels and pleasure boats. Includes a map of the harbour and a photo gallery. Port is operated by the Fowey Harbour Commissioners.
Fraserburgh Harbour - Information about facilities for fishing, commercial cargo, and oil-related vessels, and repair capabilities. Also has news and weather.
Gloucester Harbour Trustees - Detailed information covering Gloucester Harbour and pilotage.
Happold Safe & Secure: The Port of Weston - Describes this proposed facility in Runcorn and its facilities, connections and security plan.
Harwich Haven Authority - News, information, bylaws and notices to mariners,for the Harwich harbour ports of Harwich Navyard,Harwich international port, Mistley, Ipswich and Felixstowe.
Harwich International Port - Discusses the container port and cruise ship terminal at Harwich.
Helmsdale Harbour - Built in the 19th century for the herring fishing,and still a working focus for the town; includes a history, and details for users.
Historic Docks: England and Scotland - Provides aerial views and videos of historic docks, ports and quays in Liverpool, London,Edinburgh and along the Clyde, and some of the famous ships built there.
Inverness Harbour Trust - Offering information on the port of Inverness. Details of facilities, maps and tidal information.
Lerwick Port Authority - The principal port for Shetland, Lerwick is an integral component in the islands' economic infrastructure. At the crossroads of the North Sea and the North-east Atlantic, it is also Britain's most northerly commercial port.
Medway Ports - The Ports of Sheerness and Chatham Docks in Kent, southeast England.
Milford Haven Port Authority - News on vessels arriving and at berth, es**rt and pilotage, safety and notices to mariners, with commercial and recreational sections. [Pembrokeshire, Wales]
Open Sandwich in Kent, UK: Richborough Port - Defunct port was used by the British military during the two world wars.
Orkney Islands Council Marine Services - Information for the mariner and port user to assist in using the marine facilities offered in Orkney. Discusses operations and development issues and lists weather reports, port news, and notices to mariners.
Peterhead Port Authority - Manages the port of Peterhead; includes information about services and facilities, location details, news and a history.
Poole Harbour Commissioners - An informative site with details on the leisure and commercial activities within one of the world's largest natural harbours.
Port of Berwick - Port at the mouth of the River Tweed discusses its dredging programme and facilities for cargo vessels,cruise ships and leisure boats.
Port of Blyth - Port in northeast England providing conservancy, stevedoring, warehousing and distribution services.
Describes the destinations served and the types of cargo handled.
Port of Liverpool - Operated by the Mersey Docks and Harbour Company. Information about the docks and the companies that use them, including financial information, a business directory, and port maps.
Port of Liverpool - England major West Coast port with substantial trade to Ireland.
Port of London - Information on the commercial, maritime and leisure services and facilities of the port of London including trade and business directories, notice to mariners and ship movements for the River Thames.
Port of Mostyn - Facility in North Wales offers offshore windmill construction support and roro facilities.
Port of Seaham - Port in the northwest operated by Seaham Harbour Dock Company, a unit of Victoria Group.
Port of Truro - Commercial quay, laid up shipping and leisure facilities. Several downloads including charts and the Fal Estuary and Creeks leaflet.
Port Penrhyn - Small port located in North Wales.
Portland Port and Harbour - Portland Harbour describes terminals and services for cargo and cruise ships at this former Royal Navy port.
Ports and Harbours of the United - Lists over 700 ports, harbours, jetties and piers around the coastline of the United Kingdom. Includes some former ports which have been abandoned or redeveloped.
Ports of Scotland - A comprehensive guide to over 80 of Scotland's commercial ports and harbours.
Scrabster Harbour - Provided details and associated businesses with real time tide information.
Shetland Islands Council - Ports and Harbours - In addition to Sullom Voe the Shetland Islands Council, as Harbour Authority, has responsibility for the operation of a number of smaller ports and piers located around the islands.
Solent AIS and Shipping Movements - Map showing real time AIS ship positions and movements for the Solent, Southampton and Portsmouth. Includes advice on using AIS signals and links to Solent webcams and shipping times.
Southampton VTS - ABP Southampton - Southampton Vessel Traffic Services by Associated British Ports provides tidal conditions and port information.
Stornoway Port Authority - Discusses all aspects of arriving in Stornoway by sea, including the harbour, fishing, the commercial port, the Slipway as well as cruise liners and pleasure craft.
Tamlyn Shipping - Ships agents at the port of Falmouth, established in 1946. Including latest news, pictures and weather information. Full contact details provided.
Ullapool Harbour - Fishing port offers good protection for shipping,with deep anchorages available for cruise ships and drill ships.
United Kingdom Major Ports Group (UKMPG) - Trade association representing most of the larger commercial ports in the United Kingdom.
Victoria Group - Port of Boston - Describes the facilities and connections of this port on the Wash in Lincolnshire.
Wick Harbour Authority - Information about facilities for fishing,commercial, and leisure vessels; includes a history, and current weather and tide links.
Yorkshire Ports - Details of commercial cargo handling facilities and services at Whitby, Scarborough, and Filey, as well as amenities, maps and contact information.
Site Terms & Conditions
site design by
Shipping Container Inspection Services
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A brief outline of the 1972 Convention Of Safe Containers
In the 1960s, there was a rapid increase in the use of freight containers for the consignment of goods by sea and the development of specialised container ships. In 1967, IMO undertook to study the safety of containerisation in marine transport. The container itself emerged as the most important aspect to be considered. IMO, in co-operation with the Economic Commission for Europe, developed a draft convention and in 1972 the finalized Convention was adopted at a conference jointly convened by the United Nations and IMO. The 1972 Convention for Safe Containers has two goals. One is to maintain a high level of safety of human life in the transport and handling of containers by providing generally acceptable test procedures and related strength requirements. The other is to facilitate the international transport of containers by providing uniform international safety regulations, equally applicable to all modes of surface transport. In this way, proliferation of divergent national safety regulations can be avoided. The requirements of the Convention apply to the great majority of freight containers used internationally, except those designed specially for carriage by air. As it was not intended that all containers or reusable packing boxes should be affected, the scope of the Convention is limited to containers of a prescribed minimum size having corner fittings - devices which permit handling, securing or stacking.
Please check out website www.iicl.org this is one of the most respected training organisations for shipping Container Inspectors.
Our section here relates to companies who offer Shipping Container Inspection Services to the industry. While most Shipping Container companies have in-house inspectors on occasion it necessitates to source an independently qualified inspector. Click as always on the link to find Shipping Container Inspection facilities and independent inspectors. 📷 📷 📷 📷
Ace Marine Ltd - Naval architecture bureau service providing Stability books to SCV and Workboat Code of Practice standards, RCD stability calculations and other design workand analyses.
A Adamson & Co - Marine Surveyors, Consultants and Naval Architects, based in Scotland and undertaking work on all vessel types.
Alvin Cattalini - International expertise in aids to navigation, vessel traffic services, waterway management and related topics. Located in Petaluma, CA
Amsec Llc - Naval architecture and marine engineering, electronic systems engineering and naval ship systems assessments.
AR Brink & Associates - Marine consultants and surveyors based in Durban, South Africa.
Bancan Maritime Management, Inc. - St-Lawrence/East Coast Canada consultants providing operations expertise to Owners and Charterers, casualty investigations for protection and indemnity clubs; and expert opinions to law firms.
BowTech Maritime Consultancy - British Columbia based firm provides technical and project management services including inspections and superintendency work, ClassNK surveys, marine related training, and risk management studies.
Brandimarte Marine - Naval consulting, naval estimates and everything concerning international shipping.
British Maritime Technology - One of the world's leading maritime and engineering consultancies providing a wide range of advanced design, risk management, experimentation and software systems - primarily to environmental, marine, offshore, defence and civil engineering markets.
Burness Corlett - Three Quays - Technical services to maritime lawyers and the international shipping industry.
CWA Consultants - We are concerned primarily with maritime trade and commercial shipping, the main purpose of which is the safe and reliable carriage of cargo.
DC Maritime Technologies Inc. - Marine electrical engineering consultants.
Drewry Shipping Consultants - Independent maritime consultancy, data and publishing.
Eagle Maritime Consultants, Inc. - Marine Surveyors, Naval Architects, Engineers, Port Captains, Project Managers. Providing loss prevention and protecting customers' legal rights and remedies against third parties.
Elliott Bay Design Group - Providing Naval architecture, marine engineering and production support.
Haugen Consulting: Demurrage Solutions - As tanker demurrage and laytime consultants serve the oil and chemical industry by negotiating reduced demurrage liability and tracking key voyage performance factors.
International Marine Consultants - Provides consulting and technical services to oil companies, marketing and refining concerns, vessel charterers, and other marine related organizations.
International Maritime Associates, Inc. - Provides market analysis and strategic planning for clients in the marine, offshore and technology sectors.
ISM Consult A/S - Danish company providing a document control system for ISM (Safety) systems.
John A. Tylawsky - Marine, maritime and admiralty engineering investigations, surveys, forensic engineering,studies, reports, analyses, cost estimates and expert testimony.
LMC Marine Technical Services, Inc. - New York-based full-service technical maritime consultancy, including surveying, naval architecture, expert witnesses and more.
Marcon International, Inc. - A wide range of consulting and brokerage services to domestic and overseas clients in ocean and inland water-borne transportation, specializing in towing, marine construction, and the offshore petroleum industries.
Marine Enforcement Limited - British based enforcement specialists in policy, procedures, training, investigations and prosecutions of shipping regulations. Enforcement of marine pollution and Port Marine Safety Code.
Marine Marketing - A full service marketing, promotion and consulting firm based in Piraeus since 1986.
1 Marine Survey - Washington State based surveyors for most classifications of vessel.
Marine Technical Consulting - Common ship and boat design; stability, hydrodynamic, structures and equipment. Technical and commercial management; ISM, Vetting, planned maintenance programs, purchase and stores management.
Maritime Allied Projects Ltd - The multi-disciplined range of services offered, include the design of vessels and in-nation state turnkey/manufacturing programmes.
Maritime Consultant Transport GmbH - Serving shipping industry.
Maritime Management Consulting - Management consulting firm that provides practical business solutions for the maritime, travel and leisure, and manufacturing industries. (Formerly Steller Carson Associates).
Martin Ottaway van Hemmen &
Dolan - US based consultants, engineers, surveyors, naval architects and appraisers, operating in more than 30 countries.
MSR Consult - Market research and forecasts of the maritime freight and newbuilding market for shipowners,charterers, shipyards, marine equipment suppliers, and government institutions. Specialist forecasts of freight rates, second-hand and newbuilding prices.
Nordic Ship Consultants Inc. - A management company with operations in the Caribbean, and Jones Act privileges for domestic cargo services.
Ocean Motions Company - Stability instruments, hull stress and loading computers, naval architecture, offshore and inland 24hr marine casualty response, and salvage engineering. Located at Rhode Island.
Plimsoll Marine - Offer accident, grounding, damaged cargo and cargo gear inspections for the maritime industry and leak detection utilizing airborne ultrasonic detection equipment . Mexico .
Register A Yacht.com- Gibraltar based yacht registration and off-shore company formation business.
Ship Motion Associates - Performance prediction and seakeeping analyses for high-speed and displacement boats.
Shipping Intelligence, Inc.- New York based maritime economic consultants. Databases of ship sale and chartering transactions. Statistical models of tanker and dry bulk markets.Vessel and investment valuations.
Synergistic Dynamics, Inc. - Provides an array of creative, value-added professional management, financial and technical
services to companies and government agencies in the aerospace, defense, ship building, ship repair and marine transportation.
TideChaser - Maritime heritage, event and conservation consultants providing a service giving advice,planning, direction and practical help on maritime projects and events.
Weir-Jones Group - Has capabilities in the design, testing, and analysis of marine and ground transportation systems, complex structures, mining equipment, and offshore systems. The company also undertakes contract research and development work, forensic engineering, and project evaluation assignments.
Yachtshape
Shipping container technical help
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See also - our support forums.
In this section of your website we focus upon being able to get you good technical support relating to all Shipping Containers. Globally there are many 1000s of companies involved in the industry. As a result the technical information that can be accessed from Shipping Container Trader website will be comprehensive, up to date and free. So that we may direct your enquiry to the right area we have created a directory of resources under separate headings. To help you here’s some background on Shipping Container types.
ISO containers are used to transport freight by road or by rail and ship. This is why they are also referred to as Intermodal Shipping Containers.
There are many different types, and special custom build Shipping Containers feature heavily in the market place. These are usually dimensionally different than standard ISO Shipping Containers, with additional doors, windows, and security.
Dry ISO containers are used for general-purpose transportation. The cargo is loaded from the end of the container. They are totally enclosed, box type containers. These containers are also called cube containers. They are manufactured with a standard height of 8 feet 6 inches, but also with extended heights of 9 feet 6 inches. The last ones are called high cube containers.
Insulated or thermal ISO containers are used to transport chilled and frozen goods. They are also used for temperature sensitive products. These containers have insulated walls but they don't have a refrigeration unit.
Refrigerated, or re**er ISO containers are used when a steady temperature must be maintained during shipping. They are the same as insulated containers but have a refrigeration unit.
Flat racks and platforms are used to transport heavy machinery. They have no sidewalls, but may have end bulkheads. There are also collapsible flat rack containers. They are open sided containers with end bulkheads that can be folded down when the rack is empty.
Open top containers are used to transport heavy, tall or hard to load cargo, and bulk material, such as coal or grain. They are box type containers with no top. They can be loaded from the top or end of the container.
Tank type is used to transport liquid or bulk materials. They are manufactured with a cylindrical tank mounted within a rectangular steel framework. They have the same dimensions as other intermodal containers.
All these containers are manufactured with standard sizes as below.
Width: 8 feet;
Height: 8 feet 6 inches and 9 feet 6 inches;
Length: 20 feet, 40 feet and 45 feet.
Less common lengths include 24, 28, 32, 44, 46, 48 53, and 56 feet.
See also: Container repairs
Shipping Container Trader useful industry terminology.
ACEP: Automatic Continuous Examination Programme
AS-IS: This condition should alert the buyer that there might be damage to the container that could be expensive to repair.
CW / Cargo Worthy: This quality of container can be used in containerised export shipments. Cargo worthy containers must meet standards of structural strength and be wind and water tight. Containers meeting IICL 5 standards generally are of a better quality than containers showing as just cargo worthy
CSC: International Convention for Safe Containers (1972), the international agreement for maintaining containers in safe condition, and of the Harmonized Interpretation of the CSC with the International Maritime Organization
CSC Plate: Approval of individual containers may be granted where the Administration, after examination and witnessing of tests, is satisfied that the container meets the requirements of the present Convention; the Administration, when so satisfied, shall notify the applicant in writing of approval and this notification shall entitle him to affix the Safety Approval Plate to such container. Certified inspectors can be sourced at
www.shippingcontainersurvey.com
DV / Dry Van: Standard containers simply called DryVan.
FR or F/R: Flat Rack Container
FOT: Free on truck.
HC / High-Cube / Hi-Cube: Refers to "high-cube" containers that are 9 feet 6 inches high (9'6" / 2.8956 meters)
IMO: International Maritime Organisation
ISO: International Organization for Standardisation
ICS: International Chamber of Shipping
IICL: Institute of International Container Leasers
IICL-5: IICL Guide for Container Equipment Inspection
MGW: Maximum Gross Weight
OT or O/T: Open Top Container
OS: Open Side (curtain side) Container
PES: Periodic Examination System
One Trip: These are new containers that have had one load shipped in them. By allowing a shipper to use the container for a single load, the cost to position a new container into any country is reduced significantly. These savings are passed on to the end user.
SOC: SOC is a Shippers Own Container i.e. you as the shipper own the container rather than using one of the shipping company's containers. Very important that the Shipping Container is CSC plated. See our website www.shippingcontainersurvey.com
WWT or Wind/Water Tight: This conditional information indicates that the container is dry and suitable for storage. Regrettably, some sellers are using temporary repair methods in order to state that the container is "wind and water tight". Be sure to ask about their methods before you purchase many people end up with sub-standard Shipping Containers.
Warranty: Used containers are normally sold without a warranty. The best protection for a buyer is to purchase containers from a reputable supplier. Shipping Container Trader offers quality suppliers with a total commitment to customer service. If you have questions or concerns please contact us on the telephone number listed.
Shipping Container Finance
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These days, shipping containers aren't just used by logistics companies and businesses shipping cargo and freight overseas. ISO shipping containers and ISO cargo containers of all types have been used for housing, field offices, power generation stations,self storage and even emergency response units.Shipping container financing options are available for commercial and municipal applications around theworld. Shipping Container Trader has financing options include flexible shipping container leasing programs, lines-of-credit, and equipment finance agreements through its parent companies. Allowing a dedicated Shipping Container Trader account partner to provide comprehensive equipment leasing options is a solid move.
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Financing Shipping Containers
Shipping Container Trader partners are financial experts that understand the need to acquire equipment quickly and efficiently... especially when dealing with the logistics and shipping industries.Our shipping container financing partners can get your finance structured to accommodate shipping & cargo containers as well as material handling equipment and container logistics operations globally. Shipping container Trader partnerfinancing is available for steel shipping containers, aluminium cargo containers, converted containers and self storage our used shipping container leasing programs are the best options in the industry:
Intermodal logistics
20 Foot, 30 Foot, 40Foot, 45 Foot Shipping Container Finance Programs
Customised Trailers, and specialist builds
ISO Dry Freight Cargo & Shipping Containers
Refrigerated Shipping Container Finance
Self-storage Container Finance
Mini Storage Container Leasing
(www.fabandsite.co.uk)
Flat Rack Containers 20 Foot, 40 Foot 10' Storage Containers (specialist builds new and used)
Why might you need finance on a container? Simply,for a single purchase most people don't - the value of one container is low enough that it can be funded from cash flow or a credit card. However for multiple units this may not be possible. Typically multi unit purchase is not for onward resale - commonly it's for the build of new yards, storage facilities or similar developments - and here lies the key to finance.
In these difficult times it might seem that getting finance for almost anything is going to be hard, not least a shipping container. But like most other durables, containers are an asset - and therefore can be financed just like most other assets.
Whilst traditional banks will offer asset based finance or lease hire for things like cars or vans they may shy clear of containers.Certainly certain finance methods such as contract lease, contract hire and operating lease are less applicable as generally there is no expectation that the asset (the container) will be ever be returned [cars for example are generally handed back to the finance company after a certain period of time and a new lease taken on a more modern vehicle].Nevertheless there are a number of lender who will provide finance for container purchases.
So what's the advantage of asset finance over a traditional loan?
In a word - cost. A general purpose business loan could be used for many things; a lot of which do not involve an asset or involve assets that on purchase immediately loose a huge percentage of value. For example consider a mezzanine floor - uninstalled it might be worth thousands, but once it's put in situ it's worth is negligible as taking it down, moving it and re-fabricating it exceeds the worth of the parts. When you secure your loan on a tangible asset the lender knows they've got a lot better chance of getting some money back if you default. Therefore their risk is lower and consequently they can offer a better percentage rate.
As ever it's key to shop around and to go to specialists - and turn to the internet to find the best deal! You need to work with a lender that has experience of container finance as it's a niche market - but these lenders will have a far better understanding and consequently be able to offer the best loan rates.