OVL Container launches the ’Container Repair Coverage’-scheme for one-way leasing, providing much needed predictability and stability to freight forwarders, worldwide. Today, container protection is not only about compliance. In fact, it is business-critical for continuity and confidence in a world with increased volatility and decreased profit margins across the entire supply chain, an expert argues.

One-way container leasing specialist, OVL Container, is yet again challenging the status quo in the container shipping – and defining what is ‘next practice’. This time, they have done so by launching a unique and much needed container protection-scheme: ‘Container Repair Coverage’ (or the ‘CRC’).

With this scheme, OVL Container addresses the main pain points in recent years for freight forwarders and shipping managers in the global supply chain. These include volatile freight rates, rising costs and disruptions, according to container leasing-expert and OVL Container CEO, Osmo Lahtinen, adding:
“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”.

Osmo Lahtinen

Critical coverage provides confidence and continuity

OVL Container’s new CFO, Antti Miettinen, heads up this unique offering. Appropriately so, as he is an advocate for efficient resource allocation to support better decision-making. And in a time of immense volatility in the global economy, financial discipline is what a protection scheme must be based on.

Additionally, the CRC-scheme builds on insights from UNCTAD’s Review of Maritime Transport 2024, which states how freight insurance can help offset rising rates and disruptions. However, OVL Container views the need as even greater: freight forwarders must be shielded from unexpected repair costs, too.

“Traditional freight insurance does not address these risks directly. With the CRC-scheme, we ensure that our clients benefit from predictable costs and a smoother handover process. This provides the confidence and continuity that one-way container leasing is designed to deliver,” Antti Miettinen adds.

Key Facts and Figures
• Read about OVL Container’s Container Repair Coverage (CRC) here: Container Repair Coverage.
• According to a 2024 UNCTAD-report, freight insurance can buffer the impact of disruptions and rising rates .
• OVL Container was founded in 2007 and has specialised in one-way container leasing since 2013.
Source: OVL Container