Investor Presentaiton
900,000
Historical Container Market Data
$/unit
Spot new container price vs. steel cost²
TEUS
$3,900
2,000,000
$3,600
$3,300
$3,000
1,500,000
$2,700
$2,400
$2,100
1,000,000
$1,800
$1,500
$1,200
500,000
$900
$600
$300
2Q18
3Q18
4Q18
20ft Dry (avg. quoted price)
2Q20
3Q20
4Q20
1Q21
TEUS
1,300,000
1,100,000
Factory inventory - Dry containers²
700,000
500,000
300,000
100,000
2Q18
3Q18
4Q18
1Q19
2Q19
στοε
4Q19
1Q20
2Q20
Lessors
3Q20
4Q20
1Q21
Shipping lines
3Q22
4Q22
1Q23
Blended steel cost per container
2Q21
3Q21
4Q21
1Q22
2Q22
3Q22
4Q22
1Q23
1)
Source: Harrison Consulting.
2) Source: management estimates using industry sources as of the end of each period.
TEUS
60,000,000
50,000,000
40,000,000
30,000,000
20,000,000
10,000,000
2006
2007
2008
2009
2010
2011
Lessors
2Q18
3Q18
4Q18
1Q19
Lessors and traders
2012
New production - Dry containers²
Avg CoC
14%
t
X
2Q19
3Q19
4Q19
1Q20
2Q20
3Q20
4Q20
1Q21
2Q21
Shipping lines
3Q21
4Q21
1Q22
2Q22
3Q22
4Q22
1Q23
Market CoC Yield
Worldwide fleet growth¹
5% CAGR
Shipping lines
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
31
4%
6%
8%
12%
10%View entire presentation