Shortages of reefer containers and escalating costs are affecting global flows of perishables.
Some producers may pivot to domestic markets, but the international growth potential is mouth-watering.
Reefer vessels are enjoying a renaissance these days, with time charter rates up in the triple-digit range from pre-pandemic levels and, according to one broker, utilisation of these vessels has been close to 100%.
Before the pandemic, reefer vessels were struggling, as shippers had embraced containerships …
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