Ocean Network Express (ONE) is expanding its current reefer container fleet of 240,000 TEU by adding another 6,000 FEU units
This includes 500 units equipped with advanced controlled atmosphere technology which slows down the respiration and ripening process to maximise the shelf life of fruits and vegetables.
ONE said these reefer containers will be made available for new bookings towards the end of the year to meet peak season global demand.
ONE said "This new investment of 6,000 reefer units comes on the heels of last year’s industry-leading procurement of 14,000 units. ONE demonstrates its commitment to meet the growing demands of the containerised reefer trade, augmented by the expanding middle class in Asia demanding healthy food choices.”
In 2019 so far, the growth in global refrigerated container trade has outperformed the growth in global container trade and ONE expects this momentum to be maintained for the remaining months of the year.
ONE is working towards applying the latest IoT technology into its fleet of reefer containers which allows real-time visibility of critical information such as temperature and humidity inside the container, enhancing the value chain proposition of the perishable trade.
ONE strategic yield management senior vice president Jun Shibata said “ONE is committed to provide our customers with best-in-class capabilities to ship perishables to meet growing demands and opportunities to broaden to new markets. We continuously explore new technologies in the refrigerated container segment to improve the service value proposition for our customers dealing with perishable cargoes.”
ONE’s global reefer strategy – global reefer business planning team – based at ONE’s headquarters in Singapore, develops ONE’s global reefer marketing and business strategy through monitoring market demand and collaborating with the regional reefer steering desks located in different parts of the world.