Cronos is one of the world's largest lessors of intermodal marine containers in the world, owning and managing a fleet of dry cargo, refrigerated, tank, and other specialized containers. Through an extensive global network of offices and agents, Cronos leases its own containers, as well as those it manages for several investment programs, to approximately 400 ocean carriers and transport operators, including all of the 20 largest ocean carriers. Cronos focuses on supplying high-quality containers to its customers. All new containers ordered by Cronos are manufactured to specifications that exceed International Standards Organization (ISO) standards and are designed to minimize repair and operating costs. This investment in quality also enhances residual values. Cronos operates primarily dry cargo and refrigerated containers but during 1993 it began to diversify into tank and other specialized containers. Cronos believes that this fleet diversification maximizes the services it can offer by enabling it to supply a wide range of its customers' equipment requirements. Cronos provides value-added service through a combination of its global support network, personal relationships with customers, a young and high-quality container fleet, up-to-date information technology, and flexible leasing arrangements.