Refrigerated container (reefer) freight rates remain well above rates for dry cargo freight, despite an unprecedented contraction in reefer seaborne trade last year.
The trend is expected to continue over the next few years, shipping industry analysts Drewry wrote in its recently published Reefer Shipping Annual Review and Forecast report.
Reefer business appears likely to outperform broader dry cargo trade at an average annual growth rate estimated at 3.6
