Shipping Container Hire is a highly viable storage solution for many organizations. It is budget & cash-flow friendly and can also be tax deductible if categorized as an operating cost. The flexibility of shipping container hire is ideal for projects with a short duration, or periods where you require additional storage capacity.
Buying or leasing shipping containers can be a big decision, and there are a number of things to consider. One of the most important considerations is the duration of the use. If your requirements are for a long term period, then purchasing may be more suitable than leasing.
However, leasing offers a range of other benefits that make it an appealing option for both large and small businesses, as well as mums and dads, and community groups.
Transforming Your Space: A Step-by-Step Guide to Shipping Container Conversions
When a shipping container is returned to the owner’s yard it usually undergoes an off-hire survey. This involves a thorough inspection of the container to spot any damage that may have occurred during the lease period. This is followed by repair or maintenance work to restore the container to good condition for future circulation to customers.
The simplest leasing agreement is a one-way rental whereby you pick up the container at the partner’s depot and return it at a specified time and location. This arrangement helps to curb empty container imbalances and minimizes demurrage, detention, and container repositioning fees. You can also lease containers for a fixed duration through a master container lease agreement.