Hongkong International Terminals (HIT) has the launched a remote reefer container monitoring system, establishing 24/7 remote management of refrigerated containers.
The initiative allows greater visibility and accuracy on container conditions such as temperature, humidity and CO2 level, aiming to enhance the terminals’ operational efficiency and occupational safety, enabling it to capture growing business opportunities in the cold chain logistics market.
According to MarketandMarkets.com, the global cold chain market size is valued at US$233.8 billion in 2020 and is projected to reach US$ 340.3 billion by 2025, with a CAGR of 7.8%. The Asia-Pacific region is projected to grow at the highest CAGR during the forecast period.
“To stay ahead of the ever-changing market landscape, HIT has long been investing resources in bolstering its competitiveness through technological innovation, operational excellence and facilities improvement,” said Leonard Fung, managing director of HIT. “The launch of the remote reefer container monitoring system is itself a cornerstone signifying the importance of digitalising terminal operations. This will go a long way in enhancing the holistic operational efficiency and competitiveness of our terminals while reaffirming the city’s leading status in the cold chain logistics industry.”
The syste has been fully deployed at HIT, COSCO-HIT and ACT, prior to this, reefer workers would have to go on-site to check reefer conditions and alarms regularly. The implementation of the system has not only saved reefer workers’ time on physical yard inspection, but also improved occupational safety.