Independent journal on economy and transport policy
01:46 GMT+2
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Triton International's financial performance continues to benefit from the exceptional demand for containers
In the third quarter recorded record revenues of 400.2 million dollars (+22.1%)
October 26, 2021
Commenting on the results of the third quarter of this year, Triton CEO Brian Sondey explained that the commercial activity continues to be relevant, and the company continues to record a growth in demand for containers due to the current operational dysfunctions that characterize the containerized maritime transport and which places the shipping companies in a position to urgently find containers available. "In the third quarter - he added Sondey - the market prices of new containers and those at rental have remained close to record levels, and also our average sales prices of containers for dry cargo remained exceptionally high'.
Sondey recalled that the company has invested more than 34, billions of dollars in containers with delivery in 2021 and made I note that one billion of these containers have been rented during the third quarter of the year alone and that at 30 September last 2.7 billion of these containers had been placed at rental.
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