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
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
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
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.
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.
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
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.
Ugland International Holdings Plc reportedly entered into agreements to restructure Norway-based refrigerated vessel (reefer) operators Swan Reefer ASA.
Mitsui O.S.K. Lines, Ltd. announced the donation of six 20-foot reefer containers to the Soma-Futaba Fisheries Cooperative Association as part of its support activities for the disaster-stricken areas. The freezing and refrigeration facilities at the fishing port were destroyed by the tsunami following the Great East Japan Earthquake. The reefer containers MOL donated will serve as a temporary refrigerated warehouse for chilled and frozen seafood awaiting transport.
Mitsui O.S.K. Lines, Ltd. (MOL, President: Akimitsu Ashida) announced the installation of an automatic monitoring system for reefer containers at the Tokyo International Container Terminal (TICT). MOL and Wilco Inc. jointly demonstrated the system, which automatically monitors the temperature in each reefer container. Based on the results of the demonstration, MOL decided to introduce the system at TICT, the first full-scale system installed at any of Tokyo Bay container terminal.
Lomar Corporation, a Libra Group company, has again added to its fleet of container ships with the purchase of three vessels plus an order for up to four new buildings from the Yangzijiang Shipyard, says a company press release.
The Panama Canal Authority (ACP) is holding a public hearing today on a proposed toll structure change. The proposed restructuring, which the ACP Board of Directors approved on December 24, calls for each ship segment to be priced based upon different units of measurement
French maritime transporter CMA CGM has opened a logistics complex, between the port and city of Douala, Cameroon, and set up a new firm to handle inland transportation in West African markets. Christened 3CTC (CMA CGM Cameroon Container Terminal)
The maiden voyage of the containership CMA CGM Rhone started in China on February 20, the CMA CGM Group announced. The 9,365 TEU vessel CMA CGM Rhone is the seventh in a series of 28 ships from 9,400 TEUs to 10,900 TEUs that will be delivered from now to the third quarter of 2016
Containerships CMA CGM Loire and CMA CGM Ural were delivered to the CMA CGM Group on February 5 and entered the fleet on February 13 and 14, respectively, marking the arrival of the fifth and sixth vessels of the 9,400 TEUs to 10,900 TEUs series to be delivered through the third quarter of 2016
Danish liner giant Maersk Line has cut capacity by 10 percent on the trade between the east Coast of South America and Europe and the Mediterranean in response to the “steady decline” in market demand. It has decided to axe the capacity as it battles with an
United Arab Shipping Company (UASC), a leading container shipping line and emerging global carrier, has today appointed The Ultramar Group as its local liner shipping agency partner in Brazil, Argentina and Uruguay. This appointment is the latest milestone in UASC’s expanding
CMA CGM reinforces its position in Brazil, introducing the largest vessel in terms of TEU capacity to ever call Brazil Containership CMA CGM Tigris, one of the newest vessels in the CMA CGM fleet, is due to call the Port of Santos on February, 6
Gujarat Pipavav Port Ltd. (APM Terminals Pipavav), operating one of western India’s fastest growing gateway ports, today reported a 16% jump in net profit for the fourth quarter ended 31st December 2014, as against INR 771 million in the corresponding quarter last year mainly
Pacifica Shipping, New Zealand's coastal shipping company, is launching a new container vessel from March replacing a smaller vessel whose charter has ended, reports The Stuff. The Spirit of Canterbury would provide greater capacity for customers including reefer cargo and replace the
ZIM integrated shipping services has announced the launching of a new monitoring, tracking and security services package, specifically designed for valuable and sensitive cargo stowed in reefer containers. The service allows customers to closely monitor their cargo's status
Container shipping line United Arab Shipping Company (UASC) has ordered 2,000 reefer containers from Daikin. As part of the emerging global carrier’s investment in the cutting-edge, energy-efficient solutions for the carriage of frozen and chilled cargoes
After announcing last week a new weekly barge service from Jacksonville to Puerto Rico intended to commence on January 29, Sea Star Line has restructured assets and plans to move the start of the new service forward to January 22. Sea Star is in the process of on-hiring 2
Crowley Maritime Corporation’s liner services group will add a 400 FEU capacity, flat deck barge to its South Atlantic Puerto Rico service in the first quarter, increasing the rotation between Jacksonville, Fla., and San Juan to four sailings each week
The CMA CGM Group has signed logistics memorandum of agreements with Multiparques Group, represented by its General Manager Leonel Pinto, on December 18, 2014 in Paris, and in the presence of the French and Angola Foreign Affairs Ministers, Laurent Fabius and George Rebelo Pinto Chicoti