DHL – Ocean Reefer Market Update, Q2 2025

The main theme of the report concerns the state of the reefer container market in the second quarter of 2025.

Key findings include pressure on the market due to disruptions in the Red Sea, increased transit times, and changes in shipping company alliances. There is a peak seasonal demand for perishable goods such as citrus, avocados, and berries, which tightens capacity availability from South America and Africa. The impact of US trade policy, particularly new Section 301 proposals targeting China's maritime and logistics sectors, is also discussed. Rates remain stable or slightly declining on most routes, with announced general rate increases (GRIs). Delays are caused by port congestion and worker actions in Northern Europe, especially in Rotterdam, Le Havre, and Antwerp. There is an equipment shortage in Latin America due to the peak export season and increased turnaround times.