What Bofort NV does

Bofort NV is a privately held Belgian company headquartered at the Port of Antwerp that specializes in cryogenic ISO tank container rental, leasing, and hire services. Founded in 2009 and operating with approximately 6 employees, the company positions itself as the only independent leasing company exclusively focused on cryogenic ISO tanks. It serves three primary B2B segments: specialized gas transportation companies, cryogenic gas manufacturers, and on/offshore nitrogen service companies. Recent strategic activity has expanded its footprint into carbon capture and storage (CCS/CCUS) and carbon removal logistics, including roles as the exclusive ISO tank provider for Project Greensand (CO2 transport from Antwerp to the North Sea) and as logistics orchestrator for the Mammut/Carbonaide/ARC carbon removal initiative.

The company's core offering is a fleet of 10ft, 20ft, and 40ft double-wall, vacuum-insulated cryogenic tank containers certified to UN T75 standards and approved under USDOT, ADR, RID, IMDG, EN 13530, ASME, MITI, and Transport Canada. Tanks operate down to approximately -196°C and are compatible with liquid nitrogen, oxygen, argon, CO2, nitrous oxide, LNG, ethylene, and ethane. Multi-layer vacuum insulation delivers holding times up to 100 days, and the intermodal frame design (ISO-corner castings) enables transport by truck, train, barge, and ship. Supporting services include Bofort Academy training, the Bofort Gas Calculator, conversion tables, inertization, cooldown, leak testing, and pressure testing.

Bofort generates revenue through a hybrid model: short-term rental (1 week to 6 months) from designated depots, medium- and long-term operating leases, finance leases, bundled liquefied gas trading and sourcing (N2, O2, Ar, CO2, N2O), fleet management services, and cryogenic equipment consulting. Pricing is quote-based and not publicly disclosed. Go-to-market is direct enterprise sales with personal technical engagement at project start globally, supported by a network of multilingual service support partners in multiple countries.

Name

Bofort NV

Legal name

Bofort NV

Website

https://bofort.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Bofort NV is a privately held Belgian company that rents and leases cryogenic ISO tank containers for transporting liquefied gases, serving gas transporters, cryogenic gas manufacturers, and on/offshore nitrogen service companies from its Port of Antwerp base.

Ownership category

akta.pro rank

Product category

Cryogenic Industrial Equipment Leasing

NAICS

Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing (532411)

SIC

Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Tank Container (ISO Tank) Liquid Intermodal Transport (TLADALAL)

akta.pro secondary industries

Cryogenic / Ultra-Low Temperature Transport (e.g., dry ice, LN2) (TLADAHAJ), Industrial Gases (Compressed/Cryogenic) Bulk Transport (TLADALAE), Cryogenic Liquids & Distribution (IMAEACAK), Dry Ice & Cryogenic (LN2) Handling and Transport Services (TLACAMAM)

Keywords

• Cryogenic tank rental
• Iso tank leasing
• Liquefied gas transport
• Cryogenic equipment leasing
• Intermodal gas logistics

Headquarters

HQ city

Antwerp

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Cryogenic ISO Tank Rental (Short-term): Short-term rental of cryogenic ISO tank containers from 1 week to 6 months, with tanks kept at designated depots to cover immediate market needs.
2. Operating Lease: Medium and long-term operating lease structures offering operational and financial flexibility for clients seeking dedicated cryogenic tank equipment.
3. Finance Lease: Tailor-made finance lease structures for cryogenic tank equipment to accommodate clients' specific capital structure needs and requirements.
4. Liquefied Gas Trading and Sourcing: In combination with tank lease agreements, Bofort sources and trades liquefied gases including N2, O2, Ar, CO2, and N2O.
5. Fleet Management Services: Management services for tank container fleet, acting as agent or representative in acquisition and disposal of tank containers.
6. Cryogenic Equipment Consulting: Advisory services and arrangement of lease structures for specialist cryogenic equipment such as vaporizers and cryogenic pumps.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Bofort NV provides specialized rental, leasing, and hire of cryogenic ISO tank containers (10ft, 20ft, and 40ft) for the intermodal transport and storage of liquefied gases including liquid nitrogen, oxygen, argon, CO2, N2O, LNG, ethane, and ethylene. Operating tanks at cryogenic temperatures down to -196°C, the company offers short-term rental (1 week to 6 months), operating lease, and finance lease structures, complemented by liquefied gas trading, fleet management, and tank preparation services (inertization, cooldown, leak testing, pressure testing).

Product overview

Bofort NV offers a comprehensive cryogenic ISO tank rental and leasing service as its core product, providing 10ft, 20ft, and 40ft cryogenic tank containers for transporting liquefied gases including nitrogen (LIN), oxygen (LOX), argon (LAR), carbon dioxide (CO2), nitrous oxide (N2O), ethylene, ethane, and LNG. The company supports its primary offering with complementary services including Bofort Academy (training and certification), Bofort Gas Calculator, Conversion Tables, and tank preparation services such as Inertization, Coldsetting/Cooldown, Leak Testing, and Pressure Testing. The tank containers feature modular intermodal design enabling transport by truck, train, barge, and ship with holding times up to 100 days.

Differentiator

Problem solved

Functional benefit

Products and services

• Cryogenic ISO Tank Rental and Leasing Primary service offering cryogenic ISO tank container rental, leasing, and hire services for transporting liquefied gases. Bofort is the only independent leasing company whose only focus is cryogenic ISO tanks, serving specialized gas transportation companies and cryogenic gas manufacturers globally.
• 10ft ISO Tank Container Compact cryogenic ISO tank container with 7,760 litre capacity and 6 bar maximum working pressure, suitable for liquid nitrogen (LIN), liquid oxygen (LOX), liquid argon (LAR), and LNG transport. Designed for smaller volume applications and flexible deployment.
• 20ft ISO Tank Container Standard cryogenic ISO tank container with 20,000-22,000 litre capacity and 17-22 bar maximum working pressure, suitable for liquid nitrogen (LIN), liquid oxygen (LOX), liquid argon (LAR), CO2, nitrous oxide (N2O), LNG, ethane, and ethylene. The most versatile Bofort tank configuration.
• 40ft ISO Tank Container Large cryogenic ISO tank container with 45,500-47,000 litre capacity and 10 bar maximum working pressure, suitable for liquid nitrogen (LIN), LNG, ethane, and ethylene. Certified under USDOT, ADR, RID, IMDG, EN 13530 2002, ASME Code 8 Div1, MITI, and Transport Canada standards.
• Bofort Academy Online training and certification program for mechanics and personnel involved in the maintenance and repair of cryogenic ISO tank containers. Covers cryogenic gases, tank components, regulations, depot services, and vacuum fundamentals.
• Inertization Service Service for preventing explosive atmospheres by diluting oxygen with inert gases such as nitrogen, argon, and carbon dioxide in cryogenic ISO tank containers. Ensures safe tank preparation before loading operations.
• Coldsetting/Cooldown Service Pre-cooling service for cryogenic tanks using liquid nitrogen before loading flammable gases. Prevents thermal shock and ensures safe loading operations for cryogenic ISO tank containers.
• Leak Test Service Testing service using mass spectrometer leak detection to identify and measure leak rates in cryogenic ISO tank containers, ensuring safety and regulatory compliance.
• Pressure Test Service Pressure testing service for cryogenic ISO tank containers to ensure structural integrity and compliance with safety regulations.

Quantifiable outcome

• Holding times up to 100 days for flexible gas storage and transport
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• CarbonaidecoreStrategic or Co-development Partner · 23 October 2024Finnish company specializing in concrete carbonization technology. Bofort connected Carbonaide with Mammut and ARC for CO2 removal initiative, logistically enabling CO2 captured by ARC to be delivered to Carbonaide for mineralization and storage into concrete.
• ARCcoreStrategic or Co-development Partner · 23 October 2024Danish waste management company. Bofort connected ARC with Mammut and Carbonaide for CO2 removal initiative. Bofort logistically enables the CO2 captured by ARC to be safely and efficiently delivered to Carbonaide.
• RegacocoreImplementation/ SI/ Consulting Partner · 23 October 2024Integrator partner in the Mammut carbon removal initiative. Together with Regaco, Bofort logistically enables CO2 captured by ARC to be safely and efficiently delivered to Carbonaide.
• Inherit Carbon SolutionsminorStrategic or Co-development Partner · 2 April 2024Oslo-based company at the forefront of deploying innovative carbon removal solutions utilizing waste-water and food waste. Bofort purchases carbon removal credits from Inherit to offset its travel emissions as part of sustainability efforts.
• Blue Water Shipping A/ScoreStrategic or Co-development Partner · 1 January 2023Bofort is the exclusive provider of ISO tanks for Project Greensand, transporting liquid CO2 from Antwerp to the Nini West field in the North Sea, offshore Denmark. This was the pilot phase project for carbon capture and storage starting Q1-2023.
• USA Partner (Unnamed)minorChannel Partner/ Reseller/ DistributorPartnership with a USA partner for delivering cryogenic tank containers to Puerto Rico for humanitarian relief following Hurricane Maria in 2017.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Hoyer Group: German-headquartered logistics group with a deep tank container fleet including cryogenic and gas-carrying units. Comparable on the ISO tank container leasing and intermodal logistics business, but Hoyer is far larger, multi-modal, and not specialized exclusively in cryogenics.
• Chart Industries: Large US-listed manufacturer of cryogenic equipment, including ISO tank containers, LNG equipment, and bulk gas storage. Comparable to Bofort on the cryogenic tank technology and customer base (industrial gas, LNG), but operates as a manufacturer rather than a lessor and serves a much broader portfolio.
• Air Products and Chemicals: Major industrial gas company that operates its own cryogenic transport fleet and hydrogen/LNG logistics infrastructure. Comparable in end-market and gas handling, but competes as both a customer and a vertically integrated competitor with its own tank assets.
• Linde (industrial gas): Global industrial gas major with significant in-house cryogenic logistics capabilities, including ISO tank operations for LIN, LOX, LAR, CO2, and LNG. Comparable on customer base and gas types handled, but Linde is a vertically integrated producer/lessor rather than an independent specialist lessor.

Direct peers

• Eurotainer: One of the world's largest independent lessors of ISO tank containers, including cryogenic units. Directly comparable to Bofort in the tank container leasing business model, though Eurotainer is far larger and broader in scope (chemical, food, gas), whereas Bofort is exclusively focused on cryogenic.
• INOX India: Indian manufacturer and supplier of cryogenic storage and transport tanks, including ISO tank containers for LNG, LIN, LOX, and LAR. Highly comparable on product technology and end markets; differs in being primarily a manufacturer (and broader industrial gas equipment player) rather than an independent lessor.
• EXSIF Worldwide: Global leader in tank container leasing and management with exposure to specialty and cryogenic units. Operates the same core business model — renting and leasing ISO tank containers — making it the closest scale-comparable peer, though EXSIF's portfolio spans chemical and food-grade as well as cryogenic.

Emerging players

• Cryolor: European specialist in cryogenic tank containers and equipment, including mobile units for LNG and industrial gases. Comparable to Bofort in its cryogenic focus and customer types, but smaller in geographic reach and primarily a manufacturer rather than a pure lessor.
• BNH Gas Tanks: UK-based specialist in cryogenic gas tanks and ISO tank container solutions. Comparable in the cryogenic niche and on customer applications, but operates more as an equipment supplier and project specialist than a rental/leasing business.

Others

• M1 Engineering (cryogenic tank services): Specialist provider of cryogenic tank container maintenance, repair, and inspection services. Comparable as an adjacent ecosystem player in the cryogenic ISO tank value chain that Bofort also services through its own depot network and global service partners.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bofort-cryogenic-iso-tank-rental

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bofort NV