Modern cold stores are hot property

Drewry is forecasting the reefer cargo sector will grow by 2.1% in 2023, while shipping lines will grow their reefer container business at a faster rate.

Having decided to exit Russia’s port sector following Moscow’s invasion of Ukraine last year, AP Møller-Maersk has now divested itself of its last land-based assets in Russia

On 31 December 2022, Hapag-Lloyd’s MANZANILLO EXPRESS, operated in the carrier’s seasonal “Cherry Express” service, docked with a record number of reefer containers loaded in Chile

Maersk company Performance Team opens new cold store in Houston with outlets in the parking area for reefer containers on trailers.

Maersk company to build a new cold storage facility in Wilmington, North Carolina.

While spot rates for dry boxes are falling, freight rate analytics platform Xeneta says reefer rates on the North Europe to Far East trades are rising steeply.