Carriers way short of lucrative reefer rates

New analysis maps out the reefer market. Container carriers fell way short of achieving their massive 2013 reefer rate initiative, the author of the analysis tells ShippingWatch.

Maersk Line and the other container carriers that followed in its wake never come close to achieving the massive rate increase for reefer that they announced in the fall of 2012.

According to Kevin Harding, of London-based Sextant Consulting, which collaborates with analysts Drewry to produce analyses about the reefer market, select routes have registered rate increase in the interval 3-20 percent from August 2012 to August 2013, with a majority of the increases clocking in at the lower end of the scale.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

One alternative fuel may be particularly dangerous

In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.

Further reading

Related articles

Latest news

See all jobs