Source: adapted from Crinks, P. (2000) Container Usage Asset Management in the Global Container Logistics Chain, International Asset Systems.
Container Usage during its Life-Span
Containers are built to be durable since they can be exposed to all possible conditions, from tropical to sub arctic. They are also subject to potential damage when loaded, unloaded, transshipped or carried. The lifespan of a container ranges between 10 to 15 years depending on its level of usage and the conditions it has been exposed to. A well maintained container not exposed to harsh conditions can even have a lifespan up to 20 years. Still, a container can spend on average 56% of its lifespan either idle or being repositioned while empty. This represents a non revenue generating part involving additional costs (such as warehousing and repositioning) that are assumed either by the shipping or the leasing company. Such a cost is thus part of the leasing rate. Growing trade imbalances can have a notable impact as more containers will spend additional time idle or being repositioned.