Growth in seaborne perishable cargo slowed in 2019 but is forecast to better weather the COVID-19 induced economic storm than the dry cargo trade given the broader resilience of the food supply chain, according to Drewry’s latest Reefer Shipping Annual Review and Forecast.

Drewry Supply Chain Advisors launches new service combining relevant data points with best practice insights to help BCOs more effectively manage these costs.

The pace of container port capacity expansion is forecast to contract at least 40% over the next five years in the wake of the COVID-19 induced slowdown in port throughput, according to the Drewry’s latest Global Container Terminal Operators Annual Review and Forecast.