The Institute of International Container Lessors (IICL) has announced that Dong Fang International Asset Management Ltd. (Dong Fang) has joined the IICL.

'We are pleased to welcome Dong Fang to our organization and look forward to their involvement in our industry-leading initiatives and programs', said Steven Blust, President of the IICL.

'Dong Fang was established in 1997 as a dedicated equipment and service provider to China Shipping Container Lines and started providing leasing and asset management services to International clients in 2006', said Mr. Peter Su Yi Gang, Director & General Manager of Dong Fang. 'Since that time Dong Fang has grown its leasing fleet to almost 500,000 teus, and is one of the world's fastest growing international container leasing, management and trading companies.