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TANK CONTAINERS<br />
<strong>WorldCargo</strong><br />
news<br />
are leased in. One year ago Exsif established<br />
the domestic Chinese leasing company<br />
HAITE to cater for growth potential<br />
in that country. HAITE leases several<br />
hundred tanks to local Chinese chemical<br />
manufacturers and chemical transport<br />
companies for intra-China use. HAITE<br />
has a head office in Shanghai, five satellite<br />
offices in Tianjin, Dalian, Guangzhou,<br />
Xian and Chongxing, and provides the<br />
country with a full service tank container<br />
leasing operation.<br />
Eurasia looks east<br />
Although running a more modest operation<br />
than that offered by the major global<br />
tank lessors, C S Eurasia Leasing<br />
GmbH & Co of Germany has also been<br />
strengthening its commitment to the<br />
Asian market. In recognition of the fact<br />
Trifleet is amongst the first purchasers of gas<br />
tanks from the new GasCon operation in<br />
South Africa<br />
that most of the growth in the global tank<br />
container industry is now taking place in<br />
the Far East, Eurasia has a sister company<br />
in Singapore which is active in developing<br />
the market potential in the South East<br />
Asian region, most notably Singapore,<br />
Indonesia and Thailand.<br />
A mark of the extent to which the<br />
potential in Asia is gaining in importance<br />
for Eurasia is given by the company’s decision<br />
to order 70 new tanks in 2006 compared<br />
to 30 last year.The overall C S Eurasia<br />
fleet now stands at 781 units.The company<br />
also reports improving revenue<br />
streams as a result of higher fleet utilisation<br />
over the past 12 months. ❏<br />
Lessors are concerned about overconcentration<br />
of production in CIMC’s hands<br />
i.e. a price which supports lease rates that<br />
can be realised in the market, our industry<br />
ideally needs at least three experienced,<br />
independent manufacturers with good<br />
technical knowledge and sufficient scale,”<br />
believes Philip van Rooijen.“The country<br />
in which the tank containers are produced<br />
is only relevant insofar as this impacts<br />
on the price and quality of the tank<br />
container, and the relocation costs.”<br />
For its part Trifleet is accommodating<br />
the eastwards shift of the global tank container<br />
axis with its sales office in Singapore<br />
and agents in China,Taiwan, Indonesia<br />
and Korea.The buildup of this network<br />
helped the company increase its sales<br />
in the region in 2005.<br />
GE SeaCo<br />
GE SeaCo is another tank lessor going to<br />
the newbuild market; the purchase of 700<br />
new tank containers is planned for 2006.<br />
The majority of these tanks are 25,000-<br />
litre T11 general purpose tanks but there<br />
will also be a significant number of 15-<br />
20,000-litre, 10-bar T20 units for the specialised<br />
chemical business.<br />
“The GE SeaCo tank business continues<br />
to improve,” reports Colin Rubery,<br />
general manager of the company’s Tank<br />
Container Division. “Utilisation of the<br />
fleet is at acceptable levels and lease rates<br />
are beginning to rise sufficiently to justify<br />
investment.<br />
“In addition to the fleet purchases for<br />
general leasing GE SeaCo is active in the<br />
market for finance leases.This part of the<br />
business is growing and is supported with<br />
the funding resources of GE SeaCo, enabling<br />
customers to consider options from<br />
a single source and with the benefit of<br />
drawing tanks stock.”<br />
A significant part of GE SeaCo business<br />
activity relates to the provision of<br />
technical support to customers.As an example,<br />
a programme of regulatory courses<br />
in line with the latest International Maritime<br />
Dangerous Goods (IMDG) Code requirements<br />
has been conducted to qualify<br />
the GE SeaCo technical sales team up to<br />
Dangerous Goods Advisor level.<br />
Last month GE SeaCo was awarded<br />
accreditation by the Chemical Distribution<br />
Institute (CDI) to that organisation’s<br />
new Safety and Quality Assessment System<br />
(SQAS) for companies active in the<br />
tank container sector (see page 13). This<br />
scheme is backed by the European<br />
Chemical Industry Council (CEFIC).<br />
Exsif to the fore<br />
Exsif Worldwide, the world’s largest tank<br />
container lessor, is also reporting that its<br />
fleet utilisation, which by this time last<br />
year had climbed to its highest level in a<br />
decade, is being maintained.<br />
The company is continuing to invest,<br />
adding to its already diverse fleet in order<br />
to remain a reliable, consistent supplier<br />
of tank containers to its key customers<br />
on a global and regional basis.<br />
The Exsif fleet has climbed to 32,530<br />
tanks, from 30,700 units a year ago.The<br />
fleet is comprised of 20,950 20-foot units<br />
for liquid chemicals, 1,860 swaps, 1,520<br />
gas tanks, 4,800 foodgrade tanks and 3,400<br />
tanks dedicated to particular products.<br />
Some 220 gas tanks have been added to<br />
the mix over the past 12 months.<br />
From another perspective, the Exsif<br />
fleet is made up of 23,091 owned tanks,<br />
9,383 managed tanks and 56 units that<br />
Liebherr-Werk Nenzing GmbH<br />
P.O. Box 10, A-6710 Nenzing / Austria<br />
Tel.: +43 5525 606-725<br />
Fax: +43 5525 606-447<br />
reachstacker@liebherr.com<br />
www.liebherr.com<br />
Experience the<br />
progress.<br />
The Group<br />
April 2006 35