- Tank container fleet hits 882,023 units, up 3.96% from 2024.
- New builds fall to 42,100 units in 2024.
- Top 10 operators control 50% of the fleet.
The global tank container fleet reached a significant milestone, with the fleet now comprising 882,023 units as of January 1, 2025, according to the 13th Annual Tank Container Fleet Survey published by the International Tank Container Organisation (ITCO), reports Container News.
Tank Container Fleet Reaches New Milestone
This marks a 3.96% increase from 848,400 units recorded at the start of 2024. Despite a dip in new tank container builds, with 42,100 units constructed in 2024 compared to 56,600 in the previous year, the fleet still grew by over 33,600 units.
The industry remains dominated by a few key players, with the top 10 operators holding nearly 50% of the global fleet and the top 10 lessors controlling around 84% of the leasing sector.
The report highlights the resilience of the tank container industry, with growth continuing despite challenges such as geopolitical tensions, weak productivity growth, and aging populations. Paul Gooch, President of ITCO, expressed optimism about the tank container’s role in sustainable and safe intermodal transportation, particularly in a challenging global market.
For further insights, the full survey is available on the ITCO website.
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Source: Container News
