Should you Build Your Container Home with Refrigerated Shipping Containers?
International shipping connects railways, roads and inland waterways via costal and ocean routes thus, providing an enhanced mode of transportation of goods in which the logistics provider or shipper has certain degree of choice for moving freight between different locations. The choice of mode includes balancing tradeoffs to enable trade between various nations. In today’s economy, challenging factors include cost, reliability and time of delivery. For sensitive cargoes, faster mode of delivery is preferred than low cost modes. This is impacting positively on refrigerated sea transport containers market.
Although, low cost modes of transportation particularly, containerized shipping often carry large quantity of cargoes along with a proper planning to meet the need of inventory on time. The low cost mode is diving the refrigerated sea transport containers market. Also, for many trade routes, sea transport is the only mode of transport available as there is no other mode of transport that can directly reach the location. This factor is heavily boosting the refrigerated sea transport containers market.
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About 90 percent of the commodity and merchandise trade worldwide is transported through ocean route or sea trade, and sea ports plays an important part in the transportation, offloading, uploading and other activities performed in the process of transportation. While, the percent for the transportation remained constant over years, there has been a rapid increase in the volumes of the commodities transported. One of the crucial issue faced by the sea transport companies is dealing with the inefficiency of ports. The privatization of ports has given a new opportunity to the marine lines by increasing the efficiency of the ports.
The refrigerated sea transport containers market has experienced significant growth and adoption rate in the past few years and is expected to experience notable growth and adoption in years to come. Refrigerated sea transportation deals with import and export of fresh foods, meat, flowers, pharmaceuticals, etc., between different regions across the globe. The growing demand for these commodities have set new dimension to the refrigerated transportation industry.
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Key Players are : CMA CGM S.A.,Maersk Line,FSC FRIGOSHIP CHARTERING GmbH,Nippon Yusen Kabushiki Kaisha (NYK Line),SEATRADE REEFER CHARTERING N.V.,Africa Express Line Ltd.,China Shipping Container Lines Co. Ltd.,KLINGE CORPORATION,STAR Reefers,Korea Marine Transport Co. Ltd,BLPL Singapore Pte Ltd