Posted on August 22, 2022

Freight rates for refrigerated containers across global trades rose over 50 per cent in the year to the second quarter of 2022. Rates estimated to increase further in the third quarter of 2022, outpacing dry container rates, according to a maritime research consultancy.

Some stabilisation is already underway on some refrigerated trades. This is expected to be followed by modest declines through 2023, as cargo owners resist unsustainable freight rate increases.

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