Shipper Owned Container

A Shipper Owned Container (SOC) refers to a container used for transporting goods that is owned or leased by the shipper, rather than being provided by the carrier or shipping line. 

• The use of Shipper Owned Containers has gained popularity for several reasons: 
• Control and Flexibility: Shippers who own their containers can load, pack, and seal containers at their own facilities, ensuring that goods are prepared to their specifications and schedules. 
• Cost Savings: Instead of paying container rental fees, they make a one-time investment in purchasing or leasing containers, which can lead to significant savings over time. 
• Customization: Shipper Owned Containers can be fitted with specialized equipment for temperature-controlled cargo or designed to accommodate oversized items. 
• Avoiding Demurrage and Detention Charges: With COCs, shippers may incur demurrage and detention charges if they exceed the allowed time for container use. Shipper-Owned Containers eliminate these charges as there is no rental period to worry about. 

It’s important to note that while Shipper-Owned Containers offer advantages, they also come with responsibilities. Shippers must ensure their containers comply with international standards, are properly maintained, and meet safety and security requirements. Additionally, managing a fleet of containers can be complex, so some shippers choose to work with container leasing and management companies to handle these responsibilities.