Investments in Reefer Equipment Heat Up

The sector remains a bright spot for ocean carriers and other transportation providers due to its ongoing growth.

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MSC will lease 2,000 Carrier Transicold NaturaLINE reefer containers from SeaCube Containers to supplement its fleet.
MSC will lease 2,000 Carrier Transicold NaturaLINE reefer containers from SeaCube Containers to supplement its fleet.

According to Drewry’s latest forecast, global seaborne reefer trade will continue its moderate growth over the next five years. The sector remains a bright spot for ocean carriers and other transportation providers due to its ongoing growth combined with premium rates (compared to dry freight). 

In turn, ocean carriers, particularly containerized carriers, and others are investing in new reefer equipment. Here are some highlights of recent purchases:

Earlier this year, Ocean Network Express (ONE) ordered 14,000 reefer containers, with 2,100 of those units equipped with the latest controlled atmosphere (CA) technology, which slows down the respiration and ripening process to maximize the shelf life of fruits and vegetables. The new reefer containers were added to ONE’s fleet in time for high season.

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