“The Philippines could develop into the top three [markets] for reefer [refrigerated shipping] services,” Thomas Eskesen, senior director of Maersk Line’s reefer division said, referring to the country’s expected share in the global volume of refrigerated cargo. “This could happen in the next one to five years,” Mr. Eskesen said.
The firm has recently been approaching commercial banana farms in Mindanao to encourage them to tap this service and thus penetrate the US and Europe, aside from exporting to nearby Asian destinations, he said.