Without a doubt, the shipping container leasing industry is a cyclical business. As cargo trends increase, it is great for container lease companies and investors. But, when demand drops because of a weak global economy, it is understandable that business will suffer to a degree. However, at the moment prospects for international trade look exceptionally bright. With China’s new import policies in full swing throughout 2014 and the completion of the Panama Canal expansion project in 2015, the economic climate is ideal for an investment in cargo containers and the shipping industry.
Albeit many investors are bearish about the short-term financial environment in the United States, and have voiced some concern over China’s smaller than expected growth in 2013, it is extremely unlikely that the global economy is going to fall into a crippling depression. In fact, countries all over the world are making upgrades and investments in shipping ports and facilities to accommodate the rise in shipping traffic, and facilitate the steady growth in the demand for shipping containers. Because of this, investing in shipping containers is certain to provide investors with an opportunity to generate a steady income, over a very long period of time.
At the moment, there is a fleet of nearly 17 million shipping containers worldwide that are being leased, sold and managed by a container leasing company, either for themselves or on behalf of shipping clients and investors. Industry leaders, like Maersk Line, have forecast that the container industry will see strong growth of 5 to 8 per cent in some regions; suggesting an ongoing need for investment in global trade to meet the rising demand.