Container Fleet Nears 850,000 Units: ITCO Annual Survey

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The International Tank Container Organisation (ITCO) has published its 12th Annual Tank Container Fleet Survey.

This year’s Survey estimates that, on 1 January 2024, the global tank container fleet had reached 848,400 units worldwide, compared to 801,800 on 1 January 2023, a year-on-year growth of 5.81%.

New equipment demand

Reflecting continued strong demand for new equipment, approximately 56,600 new tank containers were built, compared to 67,865 new units in the previous year – and 53,285 in 2022.

The Survey shows how, numerically, the industry continues to be dominated (on a global level) by a relatively small number of major tank container operators and leasing companies. The top 10 tank container operators account for over 297,000 tanks, representing over 50% of the global tank container operators’ fleet.

Project aims

Looking ahead to ITCO’s activities in the coming year, Paul Gooch confirms that ITCO’s aim continues to be to ensure that its initiatives, projects, and events are designed to serve the needs of the members, and deliver tangible value.

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Source : Container news