Spot and charter rates in the reefer sector are holding steady, but a cascade of tonnage from fruit trades into other reefer segments threatens to limit the potential for a rate increase as the reefer market enters peak season.
The weekly Irish Shipbrokers (ISB) Reefer Index, which measures spot and charter rates for 260,000-cbf and 470,000-cbf reefers, closed at 1,235 points at the end of October, down just 2% year-on-year.
