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Perishable Reefer Trade Growth to Remain Strong

Graph: Drewry Shipping Consultants Limited

 Despite many adversities for the maritime sector over the last year, seaborne perishable reefer trade increased in 2015 – and is forecast to grow further still in 2016.    By 2020, seaborne reefer cargo will reach a staggering 120 million tonnes – increasing by an average of 2.5% per annum, according to the latest edition of the Reefer Shipping Market Review and Forecast 2016/17, published by global shipping consultancy Drewry.   While future seaborne cargo growth levels are lower than those of the last decade (3.1%), such increases will have a direct effect on both container lines with reefer capacity and specialised reefer operators.    With over 400 containerships with reefer capacity yet to be delivered, and possibly more still to be confirmed, Drewry looked at the effect this will have on capacity utilisation. Based on the confirmed orderbook, reefer utilisation will actually improve as a result of the increased seaborne cargo volumes and rising market share for the reefer containership mode.   On the other hand, with a reducing specialised reefer fleet, not only will this mode see its cargo volumes decrease, but also its market share will reduce year-on-year. Nevertheless, it currently provides around 5% of overall reefer capacity yet carries in excess of 23% of total seaborne perishable reefer cargo – and is set to continue to “punch above its weight”.  


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


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


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.   


Hapag-Lloyd orders 5,750 state-of-the-art Reefers

Photo by Hapag-Lloyd

With delivery beginning in October 2016, the new order strengthens market position in the transport of temperature-sensitive goods / Tests with new refrigeration equipment and natural refrigerants.   Hapag-Lloyd will also be investing in its container fleet this year: The liner shipping company has ordered a total of 5,750 refrigerated containers (reefers) of the latest generation – including 5,000 x 40-foot and 750 x 20-foot units.    


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


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.


Grangemouth Port sees Record Volume

Derek Knox, Port Manager for Grangemouth in the port’s busy reefer container compound. Photo Port of Grangemouth

The Port of Grangemouth, Scotland’s largest container facility has enjoyed one of its busiest seasons, with over 50,000 TEUs (Twenty Foot Equivalent Units) being handled at the port in the last two months. This four-year high is the result of a buoyant fresh food export season utilising the port’s refrigerated container handling capability which has set Grangemouth on track for record breaking volumes this quarter.


NYK Holds 10th Environmental Management Conference

Conference in Progress Photo NYK

On November 30 at NYK’s 10th annual Environmental Management Conference in Tokyo, Asahi Unyu Kaisha Ltd. (head office: Aichi; president and CEO: Toshiya Kozawa) and the GENEQ Corporation (head office: Fukuoka; president: Keiji Ushiyama) were selected from among 33 domestic NYK Group


CMA CGM Opts for DP World London Gateway

Ships to stop off in the UK for the first time following improvements to the line’s North Europe to Central America service rotation. Photo: DP World London Gateway Port

 CMA CGM’s European Caribbean Service is to begin calling at DP World London Gateway Port following enhancements to the rotation.    It means that this particular service will be calling in the UK for the first time on Friday, January 6.   


New Reefer Ship Makes Maiden Call to US

M.V. Seatrade Red calls at the Canaveral Cargo Terminal at Port Canaveral in Florida. (Photo: GT USA)

GT USA welcomed to the Canaveral Cargo Terminal (CCT) the M.V. Seatrade Red on its maiden call to the United States.   The 607-foot M.V. Seatrade Red, a specialized reefer container vessel with a capacity of 2,259 TEUs and 674 reefer plugs


Ships Collide in Philippines Sea

 The reefer containership Sevilla Carrier collided with tuna fishing vessel Hsiang Yung No6 in Philippines Sea on 515 nautical miles east-south-east off Eluanbi, Taiwan on Jan 7, 2017, at 3.45 a.m local time.    The hull of the fishing vessel was breached with ensuing water ingress


Hapag-Lloyd Invests in its Reefer Fleet

Photo: Hapag-Lloyd

Announcing further investment in container fleet, liner shipping company Hapag-Lloyd has ordered a total of 5,750 refrigerated containers (reefers) of the latest generation – including 5,000 x 40-foot and 750 x 20-foot units. In addition, 1


Samskip Completes Reefer Acquisition

One of five reefer vessels now acquired by Samskip Logistics - renamed Samskip Arctic (Photo: Samskip)

Silver Green AS, owned 50% by Samskip, is changing its name to Silver Sea AS to mark the finalization of a series of ownership changes. The new name reflects a consolidation by Samskip of its position in the reefer vessel segment, including the strengthening its ownership in the company and direct


Eimskip to Acquire Nor Lines

(Photo: Eimskip)

Eimskip has entered into an agreement to acquire the Norwegian shipping and logistics company Nor Lines. The business, with about 200 employees and an estimated annual turnover of approximately EUR 110 million, will be restructured in order to be aligned with Eimskip’s current operations in


APL Expands Latin America Service Network

Photo: APL

 APL has announced the launch of the Colombia Bridge Express (CBX) Service – a weekly feeder service which connects the major markets of Colombia and Kingston in Jamaica.    Via APL global linehaul services at the key transshipment hubs of Cartagena and Kingston


Colombia: Refrigerated Containers Drive Foreign Trade

Photo: Maersk Line A/S

 Maersk Line just published its Colombia trade report for the third quarter of 2016.   Total reefer share of Colombia's exports increased to 21% in Q3 2016 - up from 12% in 2015 - with pineapple and banana the strongest performing products.  


CMA CGM Improves ECS Service

Map:  CMA CGM

 CMA CGM is pleased to announce an improved service offer directly connecting North Europe with Central America. The enhanced ECS service will provide one of the shortest transit times on the market, linking Rotterdam from Costa Rica in only 14 days and adding London as a port of call in 15


NYK Procures 4,700 Refrigerated Containers

photo by NYK

NYK has placed an order for 4,700 additional brand-new 40-foot refrigerated (reefer) containers, and the delivery of the new containers commenced in November. NYK procured 5,500 of the same type of containers last year, and the average age of company’s fleet of over 40


CMA CGM Rolls out Adrimed Express Line

Map: CMA CGM

 CMA CGM, a leading worldwide shipping group, has announced the new service offer Adrimed Express which directly links the ports of the Adriatic Sea and Egypt.   This innovative, fast and reliable service links Egypt, Malta, Croatia, Italy, and Slovenia


Hapag-Lloyd Names First of Five 10,500 TEU Box Ships

Valparaíso Express (Photo: Hapag-Lloyd)

Hapag-Lloyd held a naming ceremony for the first of its five new vessels in its new 10,500 TEU class containerships, Valparaíso Express.   Valparaíso Express was named by Rozío Gonzaléz – wife of Andrónico Luksic


Australian LNG-fueled RO/RO Enters Service

Searoad Mersey II (Photo: SeaRoad Holdings)

A brand new liquefied natural gas (LNG)-fueled roll-on-roll-off freight vessel, Searoad Mersey II, has commenced service from its home port Devonport, in northern Tasmania, Australia.   Touted by Bass Strait shipping and logistics firm SeaRoad as the “cleanest


CMA CGM PAD Service to Add a Direct Call at Brisbane

Map: CMA CGM

 CMA CGM has informed that Brisbane, Australia, will be added to the rotation of its PANAMA DIRECT (PAD) service as from m/v HARMONY N voy. 081RPS-082RPN, ETA Brisbane on February 1st, 2017.   This new call will allow PANAMA DIRECT to become the only direct service connecting North






 
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