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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


CIMC Plans $928 Million Share Sale

Image: China International Marine Containers Co.

 The world’s biggest maker of shipping containers China International Marine Containers Group Co. (CIMC) plans to raise 6 billion yuan ($928 million) selling shares to fund an expansion of a business park in Shenzhen and other assets, reports Bloomberg.  


Samskip Logistics Opens New York Office

Photo: Samskip

With a presence on the U.S. market since 1994, Samskip Logistics has taken the next step by opening a new US head office in New York under the management of Paul Dean.   For over two decades, the company has operated two offices in Norfolk, Va. and in Seattle


Turkish ARKAS Line Sets Course for Hamburg

For the first time a vessel from Turkish ARKAS Line is expected in the Port of Hamburg on April 20. The WANDA A is deployed in the West Africa Express Service (WAX) operated by ARKAS and Hapag-Lloyd and will be cleared at HHLA Container Terminal Altenwerder


New Boxes Developed to Ship Live Lobsters

Image: CMA CGM

CMA CGM Group develops AQUAVIVA, a new generation of containers to transport live lobsters   The CMA CGM Group has launched a new generation of containers which allows for the safe carriage of live lobsters in their original water in conditions maintaining their natural habitat


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


Maersk Announces Rate Increase

Photo: Maersk Line

 The world’s largest container shipping company Maersk Line said that it will increase the rate from north Europe to west central Asia by US$100 per TEU, $150 per FEU and 40-foot high cube from March 1.   This will apply to shipments from Finland, Russia, Lithuania, Estonia


Interferry Acts on RO/RO Deck Fire Safety

In response to a string of major incidents, Interferry has produced operational best practice guidance for fire safety on ro-ro vehicle decks. These measures, which aim to to enhance fire prevention, detection and suppression, highlight the need for continuous monitoring


Shrinking Violets Amidst Global Fleet’s Flower Power

Graph: Clarksons Research

 Clarksons Research says that in many instances the shipping industry is all about growth, with trade volumes expanding along with the world economy and fleet capacity growing too.    However, that’s not exclusively the case


Ship Runs Aground in Columbia River

Photo courtesy: U.S. Coast Guard

 A 623-foot Panamanian-flagged bulk carrier Sparna ran aground early Monday morning in the main shipping channel of the Columbia River near Cathlamet, Washington,  according to the U.S. Coast Guard.   The Sparna has taken on water in void spaces


CMA CGM Offers a New Direct Connection with La Reunion on its ASAF Service

Map: CMA CGM

 CMA CGM announced that a new call at Pointe des Galets (La Reunion) will be introduced on its ASAF service, connecting Asia to West Africa, and operated with 13 vessels of 9,400 TEU.   The maiden voyage direct to La Reunion will be operated with m/v CMA CGM TANYA in Xingang on March


Crowley Continues Fleet Upgrade

Photo: Crowley

Crowley receives of new containers and related equipment as part of $32.7 million fleet optimization investment    Crowley Maritime Corp. is continuing to receive and place into service $32.7 million worth of new cargo carrying equipment


UASC Expands Further in S.America

Photo: UASC

 United Arab Shipping Company (UASC) announced the opening of a new joint-venture agency in Uruguay and participation in this year’s Intermodal South America exhibition, opening today in São Paulo and running until 7th April.  


Hapag-Lloyd Eyes Impact of New Grand Canal

One of the more than 34,000 employees who have been working on the huge project since 2007 (Photo courtesy of the Panama Canal Authority)

The Panama Canal has linked the Pacific with the Atlantic for more than 100 years. It will soon be possible for significantly larger ships to pass through its locks. What will the expansion mean for Hapag-Lloyd?   They’re still working in Panama


North P&I Warns of Risks of Reduced Generator Capacity

North P&I Club is advising its members to be aware of the potentially severe consequences of poorly maintained or overloaded on-board generators being unable to meet the electrical demands of ships at sea. The warning comes in the latest issue of the club’s loss prevention newsletter


Valparaíso Express Class: Tailor-made for the New Canal

This is how the newbuildings will look like (Image: Hapag-Lloyd)

 The new, expanded Panama Canal is set to open soon. Hapag-Lloyd is preparing for the event by optimizing its fleet. Here, we show you what these new ships will look like.   The new Panama Canal will usher in a new era in shipping between South America and Europe






 
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