Institute of International Container Lessors - IICL
About the IICL
The Institute of International Container Lessors (IICL) is the leading trade association of the container and chassis leasing industry. The IICL's membership engages in leasing marine cargo containers and chassis to vessel operators and other organizations on a broad international basis. Members own or manage approximately 90% of the global leased container and U.S. chassis fleets, totaling approximately half of the world's container fleet and half of the U.S. chassis fleet.
The IICL is active in governmental, regulatory, customs, tax, and educational, technological and environmental fields. The Institute conducts activities by means of, among others, a Technology Committee and a Tax and Legal Committee comprised of representatives from member companies and through its staff at IICL headquarters. It is recognized as a Non-Governmental Organization (NGO) by the International Maritime Organization (IMO), is active with the International Organization for Standardization (ISO), World Customs Organization (WCO), the UN Economic and Social Council and the UN Conference on Trade and Development (UNCTAD) as well as regulatory organizations around the world.
Organized in 1971, the IICL is a Delaware (USA) corporation, which maintains its headquarters in Washington, DC.
History of the IICL
The IICL was established in 1971, as containerization was just emerging as a transportation system. With the experience gained with first generation of ships and containers, it became apparent that safety and equipment quality were major components of the system. The IICL was instrumental in the development of the International Convention for Safe Containers (CSC), the international agreement for maintaining containers in safe condition, the Approved Continuous Examination Programmes (ACEP), and of the Harmonized Interpretation of the CSC with the International Maritime Organization. In the United States, the Institute worked with the U.S. State Department and Coast Guard in formulating the CSC regulations and the U.S. Safe Container Act that implemented the convention.
Through the Tax and Legal Committee, IICL worked closely with the U.S. Treasury in preparation of the Model Double Taxation Treaty that seeks to avoid potential multiple taxation of containers in many countries. The Committee has dealt with customs issues around the world to ensure that containers continue to move freely as an instrument of international trade. This activity has included monitoring developments under the Customs Conventions on Containers (1956 and 1972) and regulations in the U.S., the E.U. and other countries.
IICL has taken a leadership role in the container standards activities of the International Organization for Standardization (ISO) and its national affiliates, most recently in development and maintenance of codes used in electronic and transmission of maintenance and repair of containers. The Institute enjoys consultative status in the IMO, the UN Economic and Social Council and the UN Conference on Trade and Development (UNCTAD).
In 1956, an entrepreneurial trucker named Malcolm McLean, seeking a cost effective alternative to move cargo between New Jersey and Texas loaded 58 trailer bodies onto the World War II vintage tanker, the TS Ideal X, marking the start of what we call "Containerization. From this humble beginning, the container industry has evolved into a sophisticated global transportation system with a volume exceeding 100 million units of containerized cargo annually.
To support this containerized system, over 27 million teus* move in more than 14 million vessel slots and transit on roads, railways and waterways throughout the world carrying a diverse mix of cargo in a safe, secure, efficient and environmentally responsible manner.
The container and chassis leasing industry developed to support containerized trade by offering quality equipment and services. Today the leased fleet has a replacement value of approximately $20 billion for the 12 million and 400,000 chassis in the leased fleet.**
Containers and chassis are available in numerous configurations to meet customer needs. Equipment can be selected by length and height; closed, open-top or, flatrack; dry or liquid cargo suitable; refrigerated, or ambient; fixed wheelbase or slider, tandem or tri axle; straight frame or drop frame, or other specifications to meet cargo needs.
The efficiency of containerization for transporting consumer goods and certain raw materials has facilitated the growth of international trade. Significant efficiencies in packaging and handling has increased productivity and reduced damage that has resulted in significant growth in volumes.
Every Container and chassis has a unique alpha numeric identity that can be linked to the owner or operating company. This assists with tracking units associated with specific shipments and permits visibility throughout the supply chain.
*TEU is a twenty-foot equivalent unit, the standard measure of capacity where a twenty foot container is one teu and a forty foot container is two teus.
**Source: Containerisation International Market Analysis: Container Leasing Market 2009
Global Website: www.iicl.org
General Information: email@example.com
Technical Matters: Technical@iicl.org
Institute of International Container Lessors (IICL)
1990 M St NW
Washington, DC 20036-3417
Telephone: (1) 202 223-9800
Fax: (1) 202 223-9810