Container xChange Acquires TankContainerFinder.com

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Mfame Editor
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  • container xChange acquires TankContainerFinder.com
  • the tank container market is booming worldwide, expanding by 5.26% in 2020

Container xChange has acquired TankContainerFinder.com, the leading marketplace for tank container leasing and trading says an article on Xinder Marine.

Leading neutral provider for shipping equipment

The acquisition agreed for an undisclosed amount, adds substantial new members to Container xChange’s client roster, further cementing the company’s position as the leading neutral provider for shipping equipment. Container xChange members can now buy, sell and lease every type of tank container and dry container in one location.

 “TankContainerFinder.com generated more than USD$40 million since it was founded in 2017 and is at the forefront of digitalization in the growing tank container market,” said Dr. Johannes Schlingmeier, Founder of Container xChange.

To benefit collaboration

“Our customers have been asking for tank containers for a while and after a few conversations, it was clear that joining forces with TankContainerFinder.com made a lot of sense. “We’re thrilled to start capturing the huge synergy potential between our platforms. TankContainerFinder.com members can now access the Container xChange platform and collaborate with 800+ vetted shipping companies without transaction fees”.

The acquisition of TankContainerFinder.com by Container xChange Digitalization will bring more transparency to a highly fragmented tank container market, enabling small- and medium-sized companies to remain competitive by simplifying operational transactions when buying, selling, or leasing tank containers.

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Source: Xinder Marine