Independent journal on economy and transport policy
04:48 GMT+1
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Seventh consecutive quarter of record financial performance for Textainer
In the period April-June revenues increased by +8.4%
August 2, 2022
Commenting on the quarter's results, the president and Managing Director of Textainer, Olivier Ghesquiere, has noted that the containerised shipping sector continues to be characterized by congestion, with a 12%-14% of the total capacity of the container ships that believes it is currently blocked due to bottlenecks logistics, staff shortages and Covid lockdowns. "In this context, however," Ghesquiere specified, "the shipping companies have reduced the taking over of new containers and are holding equipment already in service since they now operate with sufficient stocks. We recorded - he specified - only a limited increase in returns mostly of old containers that have been places for sale and that helped us to make a profit record $23 million from container sales during the quarter'.
As of June 30, the size of the container fleet of the company had risen to the record share of over 4.5 million teu (+9.9%).
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Commenting on the quarter's results, the president and Managing Director of Textainer, Olivier Ghesquiere, has noted that the containerised shipping sector continues to be characterized by congestion, with a 12%-14% of the total capacity of the container ships that believes it is currently blocked due to bottlenecks logistics, staff shortages and Covid lockdowns. "In this context, however," Ghesquiere specified, "the shipping companies have reduced the taking over of new containers and are holding equipment already in service since they now operate with sufficient stocks. We recorded - he specified - only a limited increase in returns mostly of old containers that have been places for sale and that helped us to make a profit record $23 million from container sales during the quarter'.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
