Reefer container production fell 35% in 2016

20/02/20170 CommentsSEO SEO
Post Title

Dynamar latest report: ‘Dynamar Reefer Analysis: Market Structure, Conventional, Containers’ revealed that the production of reefers fell 35% in 2016, says Porttechnology on an article.

In 2016, the production of reefer boxes halved as compared to the year earlier, an estimated 135,000 TEU. Fresh produce accounts for 4.3% of the world seaborne trade of dry cargoes of all kinds.

The website indicates that during 2016, the environment for the reefer trade was weak, as the rates fell to USD 700 per 40’, better than the revenue of a dry box, but not enough to cover the costs of a reefer unit, which costs some USD 16,000 to build, more than 6 times the price of a standard box.

Cost reduction in the form of larger, less fuel consuming, more efficient ships has been the container segment’s answer to ever falling rates.

Top reefer shipping companies 2016

Combined, the world’s ten largest conventional reefer ship operators operate 233 vessels comprising nearly 108 million cubic feet of reefer space, equalling 54% of the world conventional reefership fleet.

The Danish giant Maersk Line and its recent acquisition Hamburg Süd have 36% of capacity share in South/North rates in terms of reefer plugs.

At the same time, Seatrade Reefer Chartering is, according to Dynamar, the largest conventional reefership operator, with a fleet of 56×527,000 cft average ships.

The second place is for Baltic Reefer, including its subsidiary Cool Carriers with 42 units/590,000 cft average, followed by Lavinia-controlled Frigoship Chartering: 33/351,000.

In the container segment, Maersk Line repeats as the number one with 115,000 plugs, measured by reefer plugs on ships operated on the South/North routes. With 86,000 devices, MSC is the second in this ranking, followed by Hamburg Süd with 79,000 such connections.

Porttechnology indicates that combined, Maersk Line and Hamburg Süd operate 195,000 reefer plugs on the South/North routes.

Dynamar’s Reefer Analysis highlights well over 120 reefer ports in more than 40 countries.


Leave Comment