OVL Container Launches Container Repair Coverage

OVL Container launched the Container Repair Coverage scheme for one-way leasing, providing predictability and stability to freight forwarders worldwide.

“OVL Container, in many ways, considers itself a first mover in the one-way container leasing industry. And indeed, we want to redefine standards and change expectations for our industry by ensuring cost neutralisation and profit optimization in an ever-disrupted supply chain. This is what, CRC does,” says OVL Container CEO, Osmo Lahtinen.

Key takeaways:

·        Container Repair Coverage addresses the main pain points, including volatile freight rates, rising costs and disruptions.

·        According to a 2024 UNCTAD-report, freight insurance can buffer the impact of disruptions and rising rates.