date:Mar 10, 2022
As carrier services to Russia and Ukraine are all but closed down, reefer container cargoes are also shut out. But for other destinations, this should free up equipment and even lower freight rates. Of course, the conflict in Ukraine could lead to further disruption in the reefer market but any reduction in demand to and from Ukraine and Russia could benefit shippers by freeing up capacity and lowering freight rates.
The two countries account for around 4.5% of global seaborne reefer demand, ac