Container lessors invest in reefers as carriers suffer poor reefer utilisation rates
Container shipping lines are increasingly targeting reefer cargo because of its stability, low barriers to entry and its potential for further market growth.
“Shipping lines have been targeting the reefer sector because of its growth and because of its economies of scale,” said Nigel Webster, director refrigerated containers for container lessor Seaco.
He added: “Reefers tend to be a higher margin business as there’s more value-add you can bring to the product offering and to customers. Shifting trade directions are also a factor.”
Source: The Cool Star