Chinese – Africans, in Reefer Industry 4.0.
African dealers to Chinese and Russians companies.
The largest market share in the market for container fleet in 2016 was captured by Asia Pacific and it is also estimated to be the fastest growing region globally followed by Europe, North America, Middle East and Africa and Latin America.
The reefer trade, overall, has gone through a great deal of change
79 percent of perishable cargo moved in refrigerated containers in 2016 and only 21 percent on reefer ships
temperature-controlled technologies ensure the products arrive at their destinations in tip-top condition, obviously, Temperature-controlled freight rates increase if it exists container scarcity
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China Railway Corporation (CRC) Chinese see South Korea as a big market in the electronics industry, India is also a potential new market, huge potential for importing goods from these countries to the Moscow region. Sooner or later, the key is the Chinese investments in Africa, perhaps via Italian ports to northern Africa.
Changes in Russia’s domestic fishing market and China’s growing maritime territorialism may push Russia to pursue closer ties with Vietnam as it seeks to sell more fish and agricultural products to Asian markets.
The 3,426 TEU ship is one of five ships deployed in the Swahili Express (SWAX) Service that the Marseilles-based company operates in conjunction with Emirates Shipping Line in the India-Africa trade lane. Four ships are from CMA CGM and one from Emirates.
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The global cold storage market is anticipated to reach USD 212.54 billion by 2025, growing at a CAGR of 12.4%
The retail sector in emerging economies, such as India and China are increasingly getting organized. This trend among others is expected to augment the cold storage market demand over the forecast period. Government policies to de-regulate the entry of foreign player has increased the Foreign Direct Investment (FDI) in the organized retail sector.
Lack of infrastructure necessary to sustain the cold chain is the major challenge for the industry players to expand cold chain in the emerging markets. Additionally, lack of power hook-ups for reefer trailers at transportation hubs and ports coupled with the lack of reliable power supply for cold warehouses further increases the operation costs.
The key market players include Barloworld Limited (South Africa), VersaCold Logistics Services (Canada), Cloverleaf Cold Storage (U.S.), Henningsen Cold Storage (U.S.) among others Download the full report:
