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Carriers are pumping huge investment into their reefer fleets as cool chain demand grows and returns on traditional boxes dwindle.

Last week Hapag-Lloyd announced an order for more than 11,000 reefers, only to be gazumped by ONE yesterday revealing it had ordered 14,000.

Chief executive Jeremy Nixon said the network, comprising three Japanese container lines, had one of the “largest and youngest” reefer fleets in the world.

He said the new investment would “broaden” ONE’s market position.

“As one of the top reefer carriers, we’ll continue to strive to ...

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