Despite reports stating that the specialist reefer industry continues to lose market share to the reefer container operators, cargo volumes are increasing overall and as a result the specialist reefer carriers are not suffering a reduction in cargo volume. Drewry Shipping Consultants Ltd., leading maritime consultants, has released its latest Reefer report “Annual Reefer Shipping Market Review and Forecast 2007/08”. The report outlines how world reefer trade has grown from 84.6 million tonnes in 1995 to 132.7 million tonnes in 2005, a compound annual growth (CAGR) of 4.6 per cent. Based on current economic forecasts, reefer trade should show strong growth with world trade in perishables set to increase to 199.5 million tonnes in 2015. Seaborne reefer trade is also forecast to grow significantly – from 73.0 million tonnes in 2006 to 104.6 million tonnes in 2015 – a CAGR of 4.1%. The specialized reefer fleet above 100,000 cubic feet has declined in number from 878 vessels in 1999 to just 786 vessels in 2007. Conversely, the container fleet has increased significantly to a total of over 4,000 vessels as at quarter 1, 2007 with a further 1,265 on order at that time. Container capacity is predicted to increase by almost 50 per cent between 2007 and 2010. While the existing container fleet provides 1
After two RoRo and RoCon designs for CMN and BAHRI, naval architect Knud E. Hansen’s focus has moved into the reefer market. Knud E. Hansen A/S is the naval architect behind the Reefer RoRo, which has been developed in close cooperation with Reefer Intel and Stena RoRo. Reefer Intel is owned by Mr. Birger Lindberg Skov, former President of Lauritzen Reefers A/S. Thee Vessel is intended for world-wide operation as a RoRo Reefer Vessel in the banana trade with special emphasize on fast
Latvian Shipping has started a renewal of its aging fleet by placing an order for six new tankers, according to the company's president. Andris Klavinsh said the firm had signed a letter of intent with Korean shipbuilders to construct tankers worth between $168 million to $210 million and is awaiting a go-ahead from the Latvian privatization agency. He declined to name the Korean shipbuilders involved. Shipping has had problems with fleet renewal due to its stalled privatization
Keppel Shipyard, a member of the Keppel Hitachi Zosen Group, won a $17 million contract from Blue Ice Shipping Corporation to convert a container vessel into a livestock carrier. Maysora -- a 643 x 93 x 52.8 ft. (196 x 28.4 x 16.1 m), 24,515 dwt container vessel will be converted into a fully outfitted livestock vessel with a minimum carrying capacity of 70,560 sheep and 5,640 cattle. Mr Charles Foo, Managing Director of Keppel Hitachi Zosen said
The reefer market has proved successful for A&P Falmouth throughout recent months with a total of six bookings for reefer ships from two separate owners. Falmouth is ideally located for the reefer trades on the ballast route from Northern Europe to loading ports in South Africa, Canary Islands and the Caribbean. Amer Shipping's 13,312 grt vessel the Amer Choapa was the first to enter the shipyard during July. Work completed during the 9 day docking included blasting and painting
Reefer market dynamics continue to change. Drewry Maritime Research have just published their latest Reefer Shipping Market Annual Review and Forecast 2011/12, analysing the industries make-up including; leading operators’ profiles and fleets, perishable commodities, specialised reefer and freezer fleet capacity, containerised reefer vessels, ship economics and forecasts for the future. As the burgeoning containerised reefer market continues unabated
In response to the rising demand for specialist containers on the steadily maturing West Africa trade, OT Africa Line (OTAL) has introduced a range of 40 ft. and 40 ft. high cube refrigerated containers (reefers). These containers are a new addition to the OTAL fleet which currently comprises of 20 ft. reefers, ventilated containers, dry vans, flatracks, collapsible flatracks and open tops and 40 ft. high cubes, dry vans, flatracks, collapsible flatracks, and open tops
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.
If it wasn’t bad enough that demand in the shipping markets has not recovered, commodity price rises have put more than a little pressure on ship operating costs. Fleet owners and managers are certainly feeling the squeeze in 2011. Drewry has just published its latest annual analysis of ship operating costs, covering 8 vessel sectors and over 35 different sizes of vessel plus detailed operating budgets for a range of oil tankers, chemical tankers, gas carriers, dry bulk vessels
Port staff received news that the Port of Hueneme was among the awardees to receive funds through the EPA’s Diesel Emissions Reduction Act (DERA). The funds will be used to complete an enhanced phase II to the Port’s existing Shore Power Project that will allow additional vessels to simultaneously connect to the Port’s Shore Power system. Following passage of AB 32 by the state assembly, programs were put in place to allow ships at berth in California ports to turn off
The U.S. Department of Defense informs that Vigor Industrial, LLC, of Portland, Oregon, is being awarded a $16,984,940 firm-fixed-price contract for a 120-calendar day regular overhaul and dry docking of USS Emory S. Land (AS 39). Work will include No. 1 and No
Evergreen Group held the naming ceremony for Ever Loading, the sixth of its L-type vessels to be built by CSBC Corporation in Taiwan. The ceremony took place at CSBC's Kaohsiung shipyard and was officiated by Bronson Hsieh, Evergreen Group's Second Vice Group Chairman
No tankship orders noted the past week by Clarkson Hellas in their latest S&P Weekly Bulletin, but no lack of orders in the dry bulk carrier market, all from Far East shipbuilders. Dry bulk carriers Foremost Maritime are understood by Clarkson Hellas to have added a further four 180
CMA CGM Group is pleased to announce that the CMA CGM MANET will arrive in Sydney International Container Terminals in Australia on July, 22nd. The bottles of Burgundy Wine will then have completed the first part of their trip around the world, that began on June, 14th.
The Board of Directors of France’s CMA CGM, the world’s third largest container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the year ended December 31, 2013.
The Port of Hueneme conducted its first operational and safety vessel test of its recently installed Grid-Based Shore Power system. Port crews were on hand to view this first vessel ‘plug in’ by Hamburg Sud’s M/V Cap Pasley, carrying fresh fruit for Chiquita Brands of Charlotte
Drewry’s latest Container Equipment Insight, exclusive to subscribers of Drewry’s Container Leasing and Container Census reports, saw prices for new dry freight containers increase in the opening months of 2014 for the first time in two years.
The Port informs that it has conducted its first operational and safety vessel test of its recently installed Auxiliary Maritime Power (AMP) system. Port crews were on hand to view this first vessel ‘plug in’ by Hamburg Sud’s 'M/V Cap Pasley'
Prices for new dry freight containers increased in the opening months of 2014 for the first time in two years, observes Drewry's latest 'Container Leasing and Container Census'. Standard box prices declined gradually throughout 2013, falling by late in the year to their lowest point since 2009
Truck gates at Charleston's container terminals will be open on Friday, April 18th, 2014 with modified holiday work hours. The interchange lanes and yard will be open from 0800 to 1200 and from 1300 to 1700. Empties, Dry Loads, and Chassis must be
The Port commissioned the Hamburg Sud’s M/V Cap Palmerston, carrying fresh fruit for Chiquita Brands of Charlotte, North Carolina during a ribbon cutting ceremony to introduce the Port of Hueneme’s recently installed Grid-Based Shore Power system
Evergreen Goup say that their newbuild 'Ever Lissome', the fifth of its L-type containerships to be built by CSBC Corporation in Taiwan, has been named in a recent shipyard ceremony. The ceremony took place at China Shipbuilding Company's Kaohsiung shipyard and was officiated by Raymond Lin
CMA CGM Group announced that the maiden voyage of the CMA CGM Danube will begin on June 30 in China. The 9,400 TEU vessel is the first of a series of 28 ships from 9,400-10,900 TEU which will be delivered through the third quarter of 2016.
Hamburg Süd today christened its new containership Cap San Raphael in the presence of 700 guests at the Burchardkai Terminal in the Port of Hamburg. The ship’s Sponsor is Ingeborg Schäuble, former Chair of the German Welthungerhilfe and wife of the German Finance Minister, Dr
The North Europe Service 1 (NE-1) run by shipowners ZIM Integrated Shipping Services and MSC Mediterranean Shipping Company is a liner service linking Hamburg weekly with Israel via the Mediterranean. Transport volumes have grown continuously since 2007, in all by around 21 percent