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You are here: Home Archive 2009 October Weekly Edition 8th of October 2009 Reefers facing market share challenge from container owners

Reefers facing market share challenge from container owners

by Roger Hailey, London last modified Oct 08, 2009 03:10 PM

REEFER vessel operators face a “precarious” future as containers continue to eat into their market share, with unitised reefer traffic accounting for 56% of seaborne perishables last year and set to reach 71% within six years.

That is the forecast of Drewry Shipping Consultants, which has pointed out that one of the top six reefer operators, Eastwind, filed for Chapter 7 bankruptcy this year.
Despite the global downturn in trade, Drewry foresees a return to...

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