Impact of COVID-19 on the container leasing market

Drewry conducted an assessment of the container leasing market and how the COVID-19 pandemic has affected the sector, along with what is expected to happen through to 2025. Drewry ran three scenarios to consider varying timings of an economic recovery from the pandemic. Drewry applied these outlooks and modelled how this would impact container box fleet, box prices, lease rates and initial rates of returns for container lessors. These outlooks were then applied to four container lessors to consider their financial profitability (gross profit, net profit, ROE and ROA) given the projected scenarios.