14.12.2012 Views

Star Reefers Inc.

Star Reefers Inc.

Star Reefers Inc.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Reefer Industry Story<br />

• Need for speedy transport of perishable and seasonable fruits<br />

• Influx of newbuildings during 80’s and mid 90’s<br />

• Impacts of El Niño and La Niña<br />

• USD appreciation of some 20% during 90’s<br />

• EU enacted a restrictive quota system for bananas in 1993<br />

• Collapse of USSR during mid-90’s<br />

• Fruit majors suffering at end of 90’s<br />

• Commission driven market players<br />

• High tech storage technology - controlled atmosphere<br />

• Container influx and penetration<br />

Since 1990 negative factors have hit the reefer industry hard

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!