Drewry: Shipping line share of reefer market to hit 85% by 2021

%2019 %02 %23

Container shipping lines are expected to take an 85% share of the perishable reefer cargo market by 2021 as their supremacy over specialised reefer operators grows, according to Drewry.
In 2016, the estimated perishable reefer cargo split was 79% in reefer containerships and 21%.
By 2021, the consultancy estimates that seaborne reefer cargo will exceed 134m tonnes, increasing by an average of 2.8% per annum.
“The resilience of the industry to adverse economic, commercial and even climatic conditions has been demonstrated once again as seaborne perishable reefer trade increased in 2016 and is forecast to grow further still in 2017,” said a statement from Drewry.
Despite future seaborne cargo growth levels being lower than those of the last decade (3.3%), such increases will have a significant effect on container lines with reefer capacity, it noted.
Based on the confirmed orderbook of almost 400 container ships with reefer capacity, Drewry estimates that “reefer utilisation will remain broadly stable as a result of the increased seaborne cargo volumes and rising market share for the reefer containership mode.”
The analyst pointed out that the specialised reefer fleet is punching well above its weight although it expects to see it lose cargo volumes over the coming years.
Currently, the specialised reefer fleet provides around 5% of overall reefer capacity yet carries almost 21% of total seaborne perishable reefer cargo.
One specific cause for concern is the potential lack of reefer container equipment, which has already led to shortages in Europe and Brazil.


Cool Logistics


The magazine SEA has been published since 1935
International business magazine JŪRA MOPE SEA has been published since 1999
The first magazine in Eurasia in the four languages: English, Chinese, Russian and Lithuanian


International business magazine JŪRA MOPE SEA
Minijos str. 93, LT-93234 Klaipeda, Lithuania
Phone/Fax: +370 46 365753
E-mail: news@jura.lt



Ltd. Juru informacijos centras

The magazine JŪRA has been published since 1935.
International business magazine JŪRA MOPE SEA has been
published since 1999.

ISSN 1392-7825

2017 © www.jura.lt