Container gain ground in reefer trade

Benchmarking

Tuesday, September 13, 2011

A new report by Drewry Maritime Research projects that by 2014, about 74 percent of reefer cargo will move on containerships instead of purpose-built breakbulk reefer vessels. Drewry's latest Reefer Shipping Market Annual Review and Forecast 2011/12 , said 12-month charter rates for conventional reefer ships continue to fall after a 10 percent drop in 2010, no new reefer ships are on order, and an average of 36 reefer ships were scrapped annually from 2008 to 2010. Nineteen w...

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