Ocean Network Express (ONE) is expanding its current refrigerated container (reefer) fleet by adding another 5,000 units, including 200 units equipped with advanced Controlled Atmosphere (CA) technology, to meet growing demand of refrigerated cargo around the world.
In a statement, ONE said this latest investment “demonstrates its strong commitment to meet growing demand for containerized reefer trade”.
In 2019, global refrigerated container volume grew by more than 7%, augmented by expansion of middle class in Asia constantly demanding healthy food choices.
Despite challenges posed by the coronavirus pandemic, the prospect of global refrigerated container trade remains strong specially for protein and fresh fruits segment and ONE expects the growth momentum to be maintained for remaining months of the year.
ONE said it is currently working towards the application of latest IoT technology into its fleet of reefer containers which allows real time visibility of critical information such as temperature, humidity inside the container, thereby enhancing value chain proposition of perishable trade.
Jun Shibata, Senior Vice President of Strategic Yield Management, said that ONE is “continuously investing in new reefer containers to meet growing demand in perishable cargo segment around the world.”
“We are committed to provide our customers with reefer containers equipped with the most up to date specifications to ship perishable goods and enable them to expand to new markets around the world,” Shibata added.