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Star Reefers Inc.

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<strong>Reefers</strong> vs Containers<br />

• Conventional reefer trades in bananas, decidiuous and citrus<br />

• Bananas account for 36% of sea-borne reefer cargo volumes<br />

• Other cargoes include meat, fish, seafood, dairy products,<br />

vegetables, and tropical fruits<br />

• Bananas transported by reefers above 350,000 cbft.<br />

• Decidiuous/exotics transported by reefers above 200,000 cbft.<br />

• Container share was 44.1% of total trade in 2000 and is<br />

estimated to increase to around 45% in 2001<br />

<strong>Reefers</strong>: North-South, High Volume, Low Value, Season<br />

Sources: Fairplay database Ships and Companies, Hinrichsen & Co<br />

”World Reefer Tonnage”, Ernst Russ GmbH & Co, Global Reefer Trading Ltd.

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