News / Perishables specialists eye opportunities in 'recession-proof' reefer trades

Recession-proof reefer shipping continues to outpace dry cargo growth, while worsening equipment shortages and carrier reliability provide opportunities for perishables specialists.

In its Reefer Shipping Annual Review and Forecast 2020/21 report, Drewry says seaborne perishable cargo growth slowed in 2019, but, due to broader resilience in the food supply chain, it would better weather the economic fallout from the Covid-19 crisis than dry cargo.

The slowdown last year saw worldwide reefer trades recording just 1.7% growth, to 130.5m tonnes, the weakest rate ...