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.
According to a study report, the global shipping containers market is anticipated to witness significant market valuation and a robust growth rate during the period of assessment 2017-2025.
Reefer container equipment availability will remain tight over the next few years which will impact shipping capacity supply and freight rates at seasonal peaks, according to Drewry’s latest Reefer Shipping Annual Review and Forecast 2019/20 report, published this month.