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Reefer specialist Seatrade kicks off costly fleet renewal

Dutch reefer specialist Seatrade, which operates close to 100 reefer vessels, is now embarking on a fleet renewal that will require investments at this point totaling USD 250 million. ShippingWatch has interviewed the carrier's chairman, Yntze Buitenwerf.

Photo: Seatrade

While large container carriers such as Maersk, Hapag-Lloyd, and CMA CGM are fighting against one another to fill their vessels in the profitable reefer market, Dutch reefer specialist Seatrade, with a fleet of close to 100 reefer vessels, is working hard to find its place in the market.

The influx of ultra-large vessels represents a threat as well as an opportunity for the Dutch carrier, which has opted to play offense and is now launching a large-scale investment in new tonnage.

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