Fonterra gets service

The global container market grew by 1.5% to 173.5 million TEU in 2023, but without COVID-19, it would have reached 198.1 million TEU.

Total bulk cargo volumes of 861,000 tonnes were down 6% for the six months, due to log volumes being 7% lower at 504,000 tonnes.

Innovations in energy-efficient refrigeration technologies and sustainable materials contribute to a greener cold chain, aligning with global green initiatives.

Whilst the traditional perishable traders are withdrawing from the conventional segment, others still see a market for this specialised ship.

This enhancement facilitates domestic freight delivery and ensures seamless connections with international shipping services to reach offshore markets.

Cold chains have come under enormous pressure over the past four years, with operators and customers alike hoping for a more normal trading environment in 2024.