Reefer Shipping Annual Review and Forecast

Reefer Shipping to Outpace Dry Cargo Trade Despite Container Shortages

Growth in seaborne perishable cargo slowed in 2019 but is forecast to better weather the COVID-19 induced economic storm than the dry cargo trade given the broader resilience of the food supply chain. Meanwhile, availability of refrigerated container equipment is forecast to tighten as buoyant trade and continued modal shift boost expansion in reefer cargo carried by containerships, according to…