HMM (CEO Jae-Hoon Bae) is using the Internet of Things (IoT) in refrigerated/freezing containers to strengthen R&D.
Reefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven by catch up on North-South routes, according to Drewry’s recently published report.
Shipping over 1.9 million refrigerated containers (also known as ‘reefer’) in 2020 alone, topping its previous record of 1.8 million in 2019, MSC continues to successfully sail the seas bringing fresh produce to consumers around the world.
As one after another coronavirus vaccines get authorized and approved for usage, the global supply chains and transport systems are up on their toes to distribute them.
Analysis of the specialist insurer’s claims records for transport operators over the past three years shows temperature-controlled incidents ranking in third place.
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.