Triton Outlook and Market Fundamentals slide image

Triton Outlook and Market Fundamentals

Freight Rates and Container Prices Have Returned to Prepandemic Levels NEW BOX PRICES CONTAINER SPOT FREIGHT RATES $4,500 $4,000 $16,000 $14,000 WCI Shanghai to Rotterdam WCI Shanghai to Los Angeles $3,500 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $0 7.0 MM TEU 6.5 6.0 5.5 5.0 Dec-19 Mar-20 Jun-20 Source: Clarksons Research. Sep-20 Dec-20 + TRITON 7.5 Source: Bloomberg. CONTAINERSHIPS IN PORT (GLOBAL EXCL. CHINA) Dec-15 Jun-16 Dec-16 Jun-17 Dec-17 Jun-18 Dec-18 Jun-19 Dec-19 Jun-20 Dec-20 Jun-21 Dec-21 Jun-22 Dec-22 Jan-23 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $0 Dec-12 Jun-13 Dec-13 Jun-14 Dec-14 Jun-15 Dec-15 DISPOSAL PRICES (1) Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Jan-23 300 250 200 150 100 50 'g 20' Wtd Avg Price (Indexed) 40' HC Wtd Avg Price (Indexed) Jun-16 Dec-16 Jun-17 Dec-17 Jun-18 Dec-18 Jun-19 Dec-19 Jun-20 Dec-20 Jun-21 Dec-21 Jun-22 Dec-22 Jan-23 Dec-12 Jun-13 Jun-14 Dec-15 (1) Disposal price indices represent a weighted average of container sales prices in the Americas, Europe, and Asia Pacific rather than the actual sales mix in any given month. The indices remove the impact of geographic mix shifts to provide a more accurate representation of price trends. Excludes sales of new equipment. 8,0 Jun-19 Dec-19 Dec-21 Un-22 Dec-22 19
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