4 FAQs about Cost Analysis of Tschinwali Folding Container Hybrid
Why are foldable containers so expensive?
In the short term, the use of foldable containers is expensive because of the high costs involved in production and the operational costs of foldable containers compared with standard containers. This confirms the claim that the initial market price and the costs of folding and unfolding foldable containers are quite high (Konings and Thijs, 2001).
Why are foldable containers so controversial?
One main reason for this controversy is the high purchase cost of the foldable container. The current purchase cost of the developed foldable container is currently set to US$ 20,000 but will be lowered to US$ 10,000 in case of mass production, which is still significantly higher than the purchase price of US$ 5,000 of a standard 40-foot container.
Will foldable containers reduce the number of containers handled by Australia?
A simulation for the Port of Melbourne (Australia) demonstrates that using foldable containers would reduce the projected total number of containers handled by the port in 2035 from 7.057 million to 5.817 million, with an 80% decrease in the number of empty containers.
Are foldable containers economically viable?
In order to examine the economic viability of the developed foldable container as compared to a standard 40-ft high-cube container, cost analysis is performed for an example route, i.e., the Busan–Vostochny–Moscow route (Fig. 10), which involves both inland and maritime transportation.