{"id":11747,"date":"2022-04-26T15:54:14","date_gmt":"2022-04-26T07:54:14","guid":{"rendered":"https:\/\/osgcontainers.com\/en-sg\/?p=11747"},"modified":"2022-04-26T15:57:05","modified_gmt":"2022-04-26T07:57:05","slug":"refrigerated-containers-heating-up-in-demand-cooling-down-in-price","status":"publish","type":"post","link":"https:\/\/www.osgcontainers.com\/en-sg\/blog\/refrigerated-containers-heating-up-in-demand-cooling-down-in-price\/","title":{"rendered":"Refrigerated containers \u2014 Heating up in demand, cooling down in price"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The refrigerated containers \u2014 or otherwise referred to as reefer containers, are <\/span><a href=\"https:\/\/www.digitaljournal.com\/pr\/ultra-cold-reefer-container-market-may-see-a-big-move-alconet-containers-tower-cold-chain-barr-refrigeration-panasonic\"><span style=\"font-weight: 400;\">versatile and dynamic units that can specially ship a range of items<\/span><\/a><span style=\"font-weight: 400;\">. Be it in <\/span><a href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/reefer-containers\/\"><span style=\"font-weight: 400;\">pharmaceuticals, fresh fish and food, dairy products, and day-to-day supermarket products<\/span><\/a><span style=\"font-weight: 400;\">, this shipping container refrigeration unit does it all by regulating and controlling the temperature in the container. This ensures that your perishable food and goods get delivered to you <\/span><a href=\"https:\/\/www.shippingandfreightresource.com\/what-is-a-reefer-container-and-how-does-it-work\/\"><span style=\"font-weight: 400;\">freshly, promptly, and safely<\/span><\/a><span style=\"font-weight: 400;\">. What\u2019s all the more convenient is made evident by its eponymous term, which indicates that the container acts as a refrigerator, and that its housed products need not be moved from one place to another. Since it can also control temperatures, it can <\/span><a href=\"https:\/\/www.shippingandfreightresource.com\/what-is-a-reefer-container-and-how-does-it-work\/\"><span style=\"font-weight: 400;\">defrost and warm-up goods when needed<\/span><\/a><span style=\"font-weight: 400;\">. In all, this saves a lot of time, and makes it convenient for people to transport food. It also eases off the costs in the production line.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also available in <\/span><a href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/reefer-containers\/\"><span style=\"font-weight: 400;\">a range of dimensions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 such as <\/span><a href=\"https:\/\/osgcontainers.com\/en-sg\/reefer-container\/\"><span style=\"font-weight: 400;\">OSG\u2019s 40 high cube reefer container or 20 high one<\/span><\/a><span style=\"font-weight: 400;\">, these containers can be <\/span><a href=\"https:\/\/www.tradefinanceglobal.com\/freight-forwarding\/reefer-containers\/\"><span style=\"font-weight: 400;\">partitioned according to the owner\u2019s preferences<\/span><\/a><span style=\"font-weight: 400;\">. To sum up, then, these reefer containers are clearly useful for most people; not just for its diverse range of use, but also for its <\/span><a href=\"https:\/\/osgcontainers.com\/en-sg\/reefer-container\/\"><span style=\"font-weight: 400;\">spatial practicalities<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1995002913\">\r\n\t\t\t\t\t\t\t\t<div class=\"img-inner dark\" >\r\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"567\" height=\"425\" src=\"https:\/\/www.osgcontainers.com\/en-sg\/wp-content\/uploads\/sites\/2\/2022\/04\/ReeferContainers.jpg\" class=\"attachment-large size-large\" alt=\"refrigerated containers, reefer containers, shipping container, cargo, storage, shipping, general purpose, high cube, reefer, open top, loading, customisation, business, office, toilet\" srcset=\"https:\/\/www.osgcontainers.com\/en-sg\/wp-content\/uploads\/sites\/2\/2022\/04\/ReeferContainers.jpg 567w, https:\/\/www.osgcontainers.com\/en-sg\/wp-content\/uploads\/sites\/2\/2022\/04\/ReeferContainers-534x400.jpg 534w, https:\/\/www.osgcontainers.com\/en-sg\/wp-content\/uploads\/sites\/2\/2022\/04\/ReeferContainers-510x382.jpg 510w\" sizes=\"auto, (max-width: 567px) 100vw, 567px\" \/>\t\t\t\t\t\t\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\n<style scope=\"scope\">\n\n#image_1995002913 {\n  width: 100%;\n}\n<\/style>\n\t<\/div>\r\n\t\n<h3><\/h3>\n<h3><b>Current demand for a shipping container refrigeration unit<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">All over the world, <\/span><a href=\"https:\/\/lloydslist.maritimeintelligence.informa.com\/LL1140323\/CIMC-says-container-market-facing-a-correction\"><span style=\"font-weight: 400;\">global supply chains seem to be staggering and halting<\/span><\/a><span style=\"font-weight: 400;\">, especially with the heightened regulations that <\/span><a href=\"https:\/\/lloydslist.maritimeintelligence.informa.com\/LL1140323\/CIMC-says-container-market-facing-a-correction\"><span style=\"font-weight: 400;\">result from safeguards against the still rampant <\/span><\/a><span style=\"font-weight: 400;\">epidemic. Such supply disruptions are further aggravated by the <\/span><a href=\"https:\/\/www.straitstimes.com\/business\/economy\/one-third-of-singaporeans-made-first-online-purchase-amid-covid-19-pandemic-visa#:~:text=SINGAPORE%20(THE%20BUSINESS%20TIMES)%20%2D,purchase%20for%20the%20first%20time.\"><span style=\"font-weight: 400;\">increased demands of products from all around the world<\/span><\/a><span style=\"font-weight: 400;\">, especially since people have gradually gravitated to staying-in or working-from-home. Naturally, it follows that more people are <\/span><a href=\"https:\/\/www.straitstimes.com\/business\/economy\/one-third-of-singaporeans-made-first-online-purchase-amid-covid-19-pandemic-visa#:~:text=SINGAPORE%20(THE%20BUSINESS%20TIMES)%20%2D,purchase%20for%20the%20first%20time.\"><span style=\"font-weight: 400;\">ordering-in or opting for shipping<\/span><\/a><span style=\"font-weight: 400;\">, particularly since it&#8217;s noted to be safer.<\/span><b><\/b><\/p>\n<p><span style=\"font-weight: 400;\">Nonetheless, the <\/span><a href=\"https:\/\/www.digitaljournal.com\/pr\/ultra-cold-reefer-container-market-may-see-a-big-move-alconet-containers-tower-cold-chain-barr-refrigeration-panasonic\"><span style=\"font-weight: 400;\">forecast season has observed and continues to anticipate that the option of refrigerated containers will be facing surges in demand<\/span><\/a><span style=\"font-weight: 400;\">. Containerised reefer trade, in turn, is <\/span><a href=\"https:\/\/www.seatrade-maritime.com\/containers\/one-expanding-reefer-container-fleet\"><span style=\"font-weight: 400;\">expected to see growth in 2022<\/span><\/a><span style=\"font-weight: 400;\">, as well as falling prices.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These stem from three main reasons.<\/span><b><\/b><\/p>\n<p><span style=\"font-weight: 400;\">First off, that <\/span><a href=\"https:\/\/www.hellenicshippingnews.com\/reefer-rates-from-north-europe-to-far-east-first-signs-of-easing-for-long-term-rates\/\"><span style=\"font-weight: 400;\">dry container trade has and will be becoming more expensive when compared to reefer rates<\/span><\/a><span style=\"font-weight: 400;\">. Currently, dry containers and reefer containers are the <\/span><a href=\"https:\/\/howtoexportimport.com\/Difference-between-normal-cargo-container-and-Reef-1006.aspx\"><span style=\"font-weight: 400;\">main heavyweights who are helping to tackle pipeline shortages<\/span><\/a><span style=\"font-weight: 400;\">. Yet, according to the American Journal of Transportation, <\/span><a href=\"https:\/\/ajot.com\/premium\/ajot-refrigerated-cargoes-expected-to-continue-growth-into-2022\"><span style=\"font-weight: 400;\">dry freight rates have more than doubled in the same period<\/span><\/a><span style=\"font-weight: 400;\">. Comparatively, dry cargo may also not be as in-demand as reefer containers, which <\/span><a href=\"https:\/\/osgcontainers.com\/en-sg\/blog\/reefer-containers-the-most-demanded-container-in-second-half-of-2021\/\"><span style=\"font-weight: 400;\">carry the bulk of the world\u2019s fresh produce and perishables<\/span><\/a><span style=\"font-weight: 400;\">. As a result, business owners have started to steer towards the option of using refrigerated containers, since that shipping container price seems to fall much lower than the former.<\/span><\/p>\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1006420863\">\r\n\t\t\t\t\t\t\t\t<div class=\"img-inner image-cover dark\" style=\"padding-top:75%;\">\r\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"567\" height=\"425\" src=\"https:\/\/www.osgcontainers.com\/en-sg\/wp-content\/uploads\/sites\/2\/2022\/04\/Reefer_20ft.jpg\" class=\"attachment-large size-large\" alt=\"refrigerated containers, shipping container, cargo, storage, shipping, general purpose, high cube, reefer, open top, loading, customisation, business, office, toilet\" srcset=\"https:\/\/www.osgcontainers.com\/en-sg\/wp-content\/uploads\/sites\/2\/2022\/04\/Reefer_20ft.jpg 567w, https:\/\/www.osgcontainers.com\/en-sg\/wp-content\/uploads\/sites\/2\/2022\/04\/Reefer_20ft-534x400.jpg 534w, https:\/\/www.osgcontainers.com\/en-sg\/wp-content\/uploads\/sites\/2\/2022\/04\/Reefer_20ft-510x382.jpg 510w\" sizes=\"auto, (max-width: 567px) 100vw, 567px\" \/>\t\t\t\t\t\t\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\n<style scope=\"scope\">\n\n#image_1006420863 {\n  width: 100%;\n}\n<\/style>\n\t<\/div>\r\n\t\n<p><span style=\"font-weight: 400;\">Second, reefers tend to be prioritised during the stowing process. While reefers do face their <\/span><a href=\"https:\/\/ajot.com\/premium\/ajot-refrigerated-cargoes-expected-to-continue-growth-into-2022\"><span style=\"font-weight: 400;\">own shipping delays and congestion<\/span><\/a><span style=\"font-weight: 400;\">, the waiting times are often not as severe as dry cargo or freight. This ties back to the first reason, as reefers tend to come with goods that are more time-urgent and -sensitive, or which have an expiry date. As such, when compared to the non-temperature sensitive dry containers, refrigerated containers are <\/span><a href=\"https:\/\/ajot.com\/premium\/ajot-refrigerated-cargoes-expected-to-continue-growth-into-2022\"><span style=\"font-weight: 400;\">a more amenable and reliable alternative<\/span><\/a><span style=\"font-weight: 400;\"> for the hiking demands in providing readily available fresh goods during the pandemic. In fact, besides fresh produce, they also <\/span><a href=\"https:\/\/ajot.com\/premium\/ajot-refrigerated-cargoes-expected-to-continue-growth-into-2022\"><span style=\"font-weight: 400;\">provide vaccines for the world\u2019s population<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 something that is key to ensuring the world can defend themselves against this pandemic, and to move away from it eventually.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thirdly, future reefer containers are much more sturdy and <\/span><a href=\"https:\/\/www.globenewswire.com\/news-release\/2022\/03\/15\/2403341\/0\/en\/ORBCOMM-Launches-Next-Generation-IoT-Solution-for-Data-Driven-Refrigerated-Container-Operations.html\"><span style=\"font-weight: 400;\">state-of-the-art<\/span><\/a><span style=\"font-weight: 400;\">. Today, we see that more and more reefer containers come <\/span><a href=\"https:\/\/www.globenewswire.com\/news-release\/2022\/03\/15\/2403341\/0\/en\/ORBCOMM-Launches-Next-Generation-IoT-Solution-for-Data-Driven-Refrigerated-Container-Operations.html\"><span style=\"font-weight: 400;\">equipped with Internet of Things (IoT) telematics<\/span><\/a><span style=\"font-weight: 400;\"> that help to <\/span><a href=\"https:\/\/www.globenewswire.com\/news-release\/2022\/03\/15\/2403341\/0\/en\/ORBCOMM-Launches-Next-Generation-IoT-Solution-for-Data-Driven-Refrigerated-Container-Operations.html\"><span style=\"font-weight: 400;\">make sense of real-time and historical data for any shipment<\/span><\/a><span style=\"font-weight: 400;\">. This appears to be implemented in more and more containers, be it a 40 high cube reefer container or a 20 high one. Sea conditions can then be monitored from the main office, which allows for safer, faster, and more efficient journeys.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Given the array of benefits, then, this has also <\/span><a href=\"https:\/\/www.ship-technology.com\/analysis\/global-shipping-container-shortage-the-christmas-follow-up\/\"><span style=\"font-weight: 400;\">perpetuated a soaring demand for reefer containers, all over the globe<\/span><\/a><span style=\"font-weight: 400;\">. To the dismay of many, this is not matched by an equally strong capacity, as containership capacity \u2014 even as it\u2019s being rapidly churned-out \u2014 <\/span><a href=\"https:\/\/www.ship-technology.com\/analysis\/global-shipping-container-shortage-the-christmas-follow-up\/\"><span style=\"font-weight: 400;\">cannot meet the interminable series of demands that just seem to keep coming<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1405504948\">\r\n\t\t\t\t\t\t\t\t<div class=\"img-inner image-cover dark\" style=\"padding-top:75%;\">\r\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"567\" height=\"425\" src=\"https:\/\/www.osgcontainers.com\/en-sg\/wp-content\/uploads\/sites\/2\/2022\/04\/ReeferContainer.jpg\" class=\"attachment-large size-large\" alt=\"refrigerated containers, shipping container, cargo, storage, shipping, general purpose, high cube, reefer, open top, loading, customisation, business, office, toilet\" srcset=\"https:\/\/www.osgcontainers.com\/en-sg\/wp-content\/uploads\/sites\/2\/2022\/04\/ReeferContainer.jpg 567w, https:\/\/www.osgcontainers.com\/en-sg\/wp-content\/uploads\/sites\/2\/2022\/04\/ReeferContainer-534x400.jpg 534w, https:\/\/www.osgcontainers.com\/en-sg\/wp-content\/uploads\/sites\/2\/2022\/04\/ReeferContainer-510x382.jpg 510w\" sizes=\"auto, (max-width: 567px) 100vw, 567px\" \/>\t\t\t\t\t\t\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\n<style scope=\"scope\">\n\n#image_1405504948 {\n  width: 100%;\n}\n<\/style>\n\t<\/div>\r\n\t\n<h3><\/h3>\n<h3><b>Easing off prices<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">All-throughout 2021, <\/span><a href=\"https:\/\/lloydslist.maritimeintelligence.informa.com\/LL1139939\/Reefer-equipment-imbalance-pushes-up-freight-rates\"><span style=\"font-weight: 400;\">dry cargo and reefer cargo was climbing at exponentially high and absurd rates<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><a href=\"https:\/\/lloydslist.maritimeintelligence.informa.com\/LL1139939\/Reefer-equipment-imbalance-pushes-up-freight-rates\"><span style=\"font-weight: 400;\">2022 seems to not be faring any better<\/span><\/a><span style=\"font-weight: 400;\">. Nonetheless, prices can ease-off if owners learn to work around these freight prices, which don\u2019t appear to be budging for now.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For one, rather than immediately buy reefer containers which are fresh off the rack, second hand containers might be more feasible. At OSG, there are plenty of options for second hand reefer containers. While some can be used as storage spaces, many have also used it for actual shipping and in overcoming freight rates. They come as a 40 high cube container, or a 20 high one.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, our reefer containers can further ramp up cost savings by eradicating <\/span><a href=\"https:\/\/osgcontainers.com\/en-au\/reefer-container\/\"><span style=\"font-weight: 400;\">the need for a Convention for Safe Containers (CSC) plate<\/span><\/a><span style=\"font-weight: 400;\"> if you are just using reefer containers for non shipping purposes. Overall, this can reduce costs for businesses and companies.<\/span><\/p>\n<h3><b>Looking for a shipping container refrigeration unit?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">If you\u2019re looking to get new and\/or used containers, then OSG is the perfect container specialist for you. We offer reefer containers on a paid and rental-basis \u2014 be it a 40 high cube container or a 20 high one \u2014 so check out our range of new, used, and modified containers <\/span><a href=\"https:\/\/osgcontainers.com\/en-sg\/reefer-container\/\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\"> which we do islandwide delivery for. We do direct quotes as well.<\/span><\/p>\n<p class=\"p1\"><span style=\"font-weight: 400;\">Apart from that, regarding any enquiries, you\u2019re more than welcome to drop a message in the contact form <\/span><a href=\"https:\/\/osgcontainers.com\/en-sg\/reefer-container\/\"><span style=\"font-weight: 400;\">at the bottom of our page<\/span><\/a><span style=\"font-weight: 400;\">. Being a reputable container specialist, we promise to do our best to accommodate your requests and needs.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The refrigerated containers \u2014 or otherwise referred to as reefer containers, are versatile and dynamic units that can specially ship a range of items. Be it in pharmaceuticals, fresh fish and food, dairy products, and day-to-day supermarket products, this shipping container refrigeration unit does it all by regulating and controlling the temperature in the container. [&hellip;]\n","protected":false},"author":10,"featured_media":11751,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-writeups"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Refrigerated containers \u2014 Heating up in demand, cooling down in price<\/title>\n<meta name=\"description\" content=\"Refrigerated containers are heating in demand, and yet the prices are expected to ease. 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