10.08.2010 18:30:00 CET
Increase in the shipping container utilization rate in July 2010 with a strong rise in leasing rates
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 non-strategic 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 Fabrice & Raphaël Walewski Managing Directors touax@touax.com www.touax.com Tel: +33 (0)1 46 96 18 00
ACTIFIN jybarbara@actifin.fr Tel: +33 (0)1 56 88 11 11