New container leasing company formed

New container leasing company formed

CARU Containers and private equity firm Transportation Capital Group (TCG) have formed a new container leasing company that will operate worldwide under the name CARU Specialized Leasing.

The CARU Specialized Leasing management team will be led by Frank Vaughan, Tim May, Rick Reid and David Sprod, who average over 25 years of international container leasing experience, including specialised container leasing

The company will focus on leasing non-commoditised containers.

The Dutch company, CARU Containers, is one of the world’s largest container traders while TCG has over 20 years of experience in the container industry and manages significant container investment portfolios.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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