Triton Outlook and Market Fundamentals
Leading Position with Top Shipping Lines
GLOBAL SHIPPING LINES
TRITON IS THE PREFERRED SUPPLIER
Triton estimates that it is the #1 third-party
supplier to:
4 of the top 5 carriers
7 of the top 10 carriers
Estimate deal share over 40% in 2021-2022
Top 10 customers have leased containers
from Triton for over 30 years on average
Typically maintain largest inventory of ready-
to-lease new equipment in the industry
Vessel TEU
Vessel
(Millions)
Share
Total Assets
(Q3'22)
m
SC
MEDITERRANEAN SHIPPING COMPANY
4.6
17.4%
Private
MAERSK
4.2
16.0%
$89B
CMA CGM
3.4
12.9%
$73B
COSCO
2.9
10.9%
$77B
SHIPPING
Hapag-Lloyd
1.8
6.8%
$38B
1.7
6.3%
$28B
長榮海運
EVERGREEN MARINE CORP.
ONE
1.5
5.8%
Private JV (1)
HMM
0.8
3.1%
$21B
HYUNDAI MERCHANT MARINE CO., LTD.
M YANG MING
0.7
2.7%
$16B
***
0.5
2.0%
$12B
ZIM
Top 10 Carriers
22.1
83.9%
(1) ONE is a joint venture of the container businesses of the three largest shipping
conglomerates in Japan.
Source: Alphaliner Monthly Monitor (January 2023), Bloomberg, and Company data.
+ TRITON
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