EXHIBIT 23.1


                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


To Interpool, Inc.:

As independent public accountants, we hereby consent to the incorporation by
reference in this Form S-4 Registration Statement of our report dated February
18, 1997 (except for the matters described in Note 13 to the consolidated
financial statements, as to which the date is March 27, 1997) included in
Interpool, Inc.'s Form 10-K for the year ended December 31, 1996, and to all
references to out firm included in or made a part of this registration
statement.


                                             ARTHUR ANDERSEN LLP


Roseland, New Jersey
May 27, 1997