EXHIBIT 21.1

SUBSIDIARIES OF TAL INTERNATIONAL GROUP, INC AS OF DECEMBER 31, 2005

Name				Jurisdiction
TAL International Container Corporation				Delaware
Trans Ocean Ltd.				Delaware
Trans Ocean Container Corporation				Delaware
Spacewise Inc.				Delaware
TAL Advantage I LLC				Delaware
TAL International Container Pty. Limited				Australia
TAL do Brasil Investimento de Capital Propio Ltda.				Brazil
TAL International Container GmbH				Germany
TAL International Container (HK) Limited				Hong Kong
Greybox Logistics Services Inc.				Delaware
Intermodal Equipment Inc.				Delaware
TAL International Container NV				Belgium
TAL International Container SRL				Italy
Greybox Services Ltd.				United Kingdom
TAL International Container Limited				United Kingdom
ICS Terminals (UK) Limited				United Kingdom