What is an Off-Hire Container?

shipping containers

Off-hire is a term that is often used in the transport business. However, before we go to the subject of off-hire containers let us understand the context where it is used.

Container Leasing

When an organisation requires containers for storage of its cargo or transportation of cargo on a regular basis, they buy containers.

But what when they are not sure of their demand for containers or when they do not want to invest in the ownership of containers? This is where container leasing comes into the...

https://www.marineinsight.com/maritime-law/what-is-an-off-hire-container/

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