Silversea Reefer Photo 177332468 © Gestur Gislason Dreamstime.com
© Gestur Gislason

Reefer spot rates, holdouts of the boom in the last few years, have finally begun to follow the rest of the container segment in its a downward slide.

Xeneta reported today that rates had fallen from $5,000 per unit to $4,300, a long term average of rates on the key North Europe to China trade.

And the decline is accelerating, noted Peter Sand, Xeneta’s chief analyst. “We saw spot rates remain largely static for much of 2021 and 2022… as rates were ...

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