Updated version of CIC published

Tuesday 8 March 2011: To download the updated version of the Common Interchange Criteria, please click HERE

COA study reveals how shipping lines can benefit from cost savings of up to 13%

 Industry-wide project finds that container operators can significantly reduce costs when off-hiring leased containers

Monday 15 September 2009: A study recently completed by the Container Owners Association shows that savings of, on average, 12.9 percent are available to shipping lines on the cost of repairing containers at the end of a lease contract. Most shipping lines...

For the complete News Release, click HERE 
To view the full report and analysis of the study comparing CIC and IICL-5, click HERE

COA Common Interchange Criteria project: Comparative CIC/IICL-5 Off-hire inspection criteria Survey Now Completed

Monday 24 August 2009: The COA is undertaking a project to evaluate the difference in off-hire repair work for containers when they are inspected to IICL-5 criteria compared to when they are inspected according to CIC. The COA’s aim is to promote CIC (the “Common Interchange Criteria”) as the standard interchange inspection criteria for containers when they are off-hired.

The project involved the comparative inspection of a total of 600 containers worldwide. This comprises some 100 containers (50 20ft dry freight containers and 50 40ft high cube containers) being inspected in each of six depots around the world (two depots in Europe, two in Asia and two in the Americas). Interchange estimate surveys will be carried out on these containers, according to both CIC and the IICL-5 criteria, so that the difference in estimated repair cost of the two criteria can be measured.

The Data has now been received from the participating depots – and will be published in early September 2009.A key element of the COA’s technical programme is to promote CIC (the “Common Interchange Criteria”) as the standard interchange inspection criteria for containers when they are off-hired.

To download a Overview Presentation about CIC, click HERE
To download the Common Interchange Criteria document, click HERE
To download a document indicating the differences between the CIC, IICL-5 and UCIRC criteria, click HERE
To download a document giving answers to “Frequently Asked Questions”, click HERE