This is more of a hire-purchase or installment purchase scheme rather than a lease as in this case at the end of the term for which containers are taken on financial lease, the ownership of the containers is transferred to the ship-owners.Long Term Lease : usually for 03 to 05 years.Master Lease : In this case one ship-owner concludes a deal with a container leasing Company for a period of usually 01 or 02 year whereby he guarantees that a minimum number of containers will always be under his lease from the leasing Company and as against this guarantee, the container leasing Company also assures the ship-owner that a minimum number of empties will be made available to the ship-owner at the various ports as agreed upon between the two contracting parties.Trip Lease or Short Term Lease : for one voyage of one trip.Container Terminal :