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Chiquita Sells 12 Ships for $227m

Banana producer Chiquita Brands International will sell 12 refrigerated cargo ships for $227mto an alliance of Eastwind Maritime Inc. and NYKLauritzenCool AB. The deal will allow Chiquita to lease back 11 of the ships for at least 7 years, with an option for 5 more years and the other ship for 3 years with an option for 2 more years. The sale includes eight reefer ships and four container ships. Source: Reuters


Analysts Expect Rise in Reefer Capacity

Photo: CMA CGM

Reefer containership capacity to increase 20 percent by 2018 - Drewry   Though specialized reefer fleet is shrinking and shows no signs of reversing in the future, the reefer containership fleet has increased by 15 percent year-on-year and is set to grow 20 percent by 2018, according to maritime research and consulting services provider Drewry’s latest Reefer Shipping Market Annual Review & Forecast.   


Star Reefers, NYK Enter Agreement

Norwegian shipping firm Star Reefers has agreed with Japan's NYK to create a new joint pool and marketing company owned 50 percent each. The new company will be called NYK Star Reefers Ltd. and will control a combined fleet of 74 refrigerated vessels currently owned by the two firms, Star Reefers, formerly called Swan Reefer Inc., said in a statement. "This merger is a further step towards greater consolidation and regrouping of the owners in the industry -- which has experienced a number of


J. Lauritzen Buys Cool Carriers

J. Lauritzen bought Cool Carriers AB for $35.4 million from Norwegian shipping group Leif Hoegh & Co. ASA, a step in consolidation of the reefer vessel market. "The acquisition will be financed through a capital injection of 215 million crowns ($25.5 million) from the parent company J. Lauritzen Holding," it said. Reefer vessels are equipped with refrigeration facilities to transport perishable foodstuffs. The takeover of the Swedish-based group, effective January 1, 2001


New Reefer Customer Service Desk

CMA CGM (America) LLC announced that they will launch a new dedicated export reefer customer service desk on March 30, 2009.  The new Export Reefer Customer Service Desk will be based in the Norfolk, Virginia office, and will give export refrigerated cargo customers access to a dedicated team of customer service representatives that can help customers place or modify bookings, track and trace cargo, process documentation and/or assist with problem resolution.


UASC Expanding its Reefer Business

Photo courtesy of UASC

United Arab Shipping Company (UASC) has confirmed  that its reefer business will continue to expand. Following several initiatives including investment in new reefer units, and a cooperation agreement with Hamburg Süd opening up new services to South America, UASC said it aims to highlight its growth during WOP 2015, the international perishables expo for the Middle East being held at Dubai World Trade Center from October 5-7.


Leif Höegh & Co. Sells Four Reefer Vessels

Leif Höegh & Co. ASA (LHC) has sold four "Crystal" class reefer vessels to Reederei F. Laeisz (2 vessels) and Thien & Heyenga GmbH on private terms. The "Crystal" vessels are built in 1992 and have a cargo capacity of 375 000 cbft. Delivery to the new owners will take place during the third quarter. The sale of these last wholly owned reefer vessels is concluded in accordance with the company's strategy to exit the reefer segment. After the sale LHC owns 36% of two reefers.


Jacobsen Joins Green Reefers ASA

Trym Jacobsen has joined Green Reefers ASA as the company's new managing director, replacing Erik Thulin. Jacobsen has been employed with Green Reefers ASA since 1991 and is currently holding the position as CFO.


Book Review: Ship Knowledge A Modern Encyclopedia

by K. van Dokkum Bound hard back & front, 341 pages Published in 2003 by Dokmar, P.O. Box 360, 1600 AJ, Enkhuizen, The Netherlands. (www.dokmar.com) The book "Ship Knowledge - A Modern Encyclopedia" is basically the adapted and extended English language version of the very successful Dutch book "Scheepskennis" (published in 2001, author Klaas van Dokkum). In a state-of-the-art lay-out the book's 16 chapters lead the reader in great detail through the multitude of facts related to


LauritzenCool and NYK Reefers in New Cooperation

LauritzenCool and NYK Reefers will start a cooperation as from January next year. This new partnership involves both a tonnage sharing agreement and NYK Reefers taking a 50% share of LauritzenCool Logistics. This partnership will create economies of scale and sharing of resources as well as increasing the ability to offer even more complex logistic solutions at competitive prices. Tonnage sharing LauritzenCool AB and NYK Reefers Ltd. have entered into a long-term


ZIM to Expand Its Refrigerated Container Fleet

Photo: ZIM Integrated Shipping Services

 ZIM Integrated Shipping Services has announced the expansion of its refrigerated container fleet in order to answer the demand for its innovative ZIMonitor service.    Launched in early 2015, ZIMonitor allows customers to track, monitor and remotely control sensitive


Port Bronka Inks Long-term Cargo Deal with CMA СGM

Port Bronka investor Fenix LLC and shipping company CMA СGM last month signed a long-term agreement for handling and storage of container cargo.   CMA CGM is the third largest container shipping company with a total fleet capacity of 1,807,298 TEU


Hapag-Lloyd: Better Service between Med, Black Sea

From mid-February, Hapag-Lloyd will introduce a new Black Sea Mediterranean Express (BMX) service. The new short sea service offers customers a weekly connection between ports in Egypt, Israel, Turkey and major Black Sea ports with competitive transit times


Maersk Line Starts Colombia Express Service

Photo: Maersk Line

 The largest global container firm Maersk Line has launched a new weekly service between Santa Marta and Turbo in Colombia and Northern Europe specifically designed for refrigerated cargo.   Danish container shipping giant added this new service from Latin America to Europe and a new


Hamburg Süd Christens Cap San Vincent

Left to right: Sung-Geun Lee, DSME executive vice president, shipyard general manager; Fawad Neiro, sponsor Susanne Neiro, K+S Transport; and Dr. Arnt Vespermann, member of the Hamburg Süd executive board. (Photo: Hamburg Süd)

Hamburg Süd christened its new containership, Cap San Vincent, at a ceremony at Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) shipyard in Okpo, South Korea, Wednesday.   The final vessel in a series of three identical new builds


Hapag-Lloyd Secures Financing for Five Newbuilds

The new ships are being built by the South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI). (Photo Hapag-Lloyd)

Container shipper Hapag-Lloyd announced it has signed a 12-year $372 million facility agreement with a banking syndicate to finance the construction of five new vessels ordered from a South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI) in April 2015.  


4 STS, 14 ARMG Cranes for APM Vado Terminal

APM Terminals Vado Italy port construction site aerial photo1a

  APM Terminals signed an agreement for the construction and delivery of four Ship-to-Shore (STS) Gantry Cranes and 14 Automated Rail-Mounted Gantry Cranes (ARMGs) for the new APM Terminals Vado terminal now under construction on Italy’s Ligurian coast


Black Market Refrigerants Pose Risk to Shippers

Svenn Jacobsen

In 2011, several refrigerated, reefer containers exploded, killing three port workers. While there has been no further tragedies since then, counterfeit refrigerants remain in circulation and still represent a safety risk.  Counterfeit refrigerant cylinders can consist of a dangerously


APM Terminals Moin Bullish on Reefers

APM Terminals Moin, Costa Rica. Photo: APM Terminals

 APM Terminals is preparing an expansion of the Moin Terminal in Costa Rica's cooling export facilities.    Six new STS cranes and 29 RTG cranes to operate the deep water port of Moin Container Terminal, which opens in 2018.  The Port of Moin is 18 meters deep docks


MSC Silvia Joins Fleet

Logo

MSC Mediterranean Shipping Company today took delivery of the MSC Silvia, the latest of a brand new class of 9,400 TEU container ships from the leading ocean carrier. Following today’s inauguration ceremony in Shanghai, MSC Silvia will join the Empire service between the Far East and US


Siem in Profit for Q3

Photo: Siem Shipping

 Oslo-listed Siem Shipping reported a net profit of USD2.5 million (Q3 2014: net loss USD-0.2 million).    The container lines are continuing to use very aggressive pricing strategies to win market share in the reefer segment.   


NYK Orders 5,500 Reefer FEUs

Photo courtesy NYK

  NYK has placed an order for 5,500 technologically advanced 40-foot refrigerated (reefer) containers, which are more efficient and reliable than older equipment. Delivery of the new units has already commenced.   This strategic investment will ensure that NYK continues to operate one


Maersk Line Starts New Direct Service from West Coast South America to Japan

Image: Maersk Line A/S

 Maersk Line has announced a new direct service with short transit time from West Coast South America to Japan for dry and reefer cargo.   In our continuous efforts to provide our customers with a competitive and fast connection from West Coast South America to Japan


Crowley Adds 400 Reefer Containers

Crowley Maritime Corporation’s liner services group has added 400 new refrigerated (reefer) cargo containers to top off its fleet of equipment for service to its perishables customers in Central America and the Caribbean. All of the units are 40-foot high cubes


Reefers Segment to Witness Highest Growth by 2021

Photo: ARD-aktuell / tagesschau.de

 Shipping containers are defined as containers that facilitate the transport and carriage of goods without the need to unload and/or reload the cargo at intermediate points.    These containers are large rectangular boxes made of a special corrosion resistant grade of steel and






 
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