Website: N/A
Stock Symbol: NYSE: CAP
Market Value: N/A (in millions)
We are one of the world’s leading container leasing and management companies. We
operate our business through two segments: container leasing and container
management. We purchase new containers, lease them to container shipping lines
and either retain them as part of our owned fleet or sell them to container
investors for whom we then provide management services. In operating our fleet,
we lease, re-lease and dispose of containers and contract for the repair,
repositioning and storage of containers. As of December 31, 2007, our fleet
comprised 754,000 TEUs, 66.3% of which represented our managed fleet and 33.7%
of which represented our owned fleet.
We were founded in 1989 by our Executive Chairman, Hiromitsu Ogawa, as a
traditional container leasing company that leased containers owned by us to
container shipping lines. We were incorporated under the name Container
Applications International, Inc.