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
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
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
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
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
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
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
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
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'
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 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
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.
On March 27 and 28, HAROPA-Port du Havre accommodated the Cap San Lorenzo, a container vessel of 9,600 TEU delivered by Hyundai to the German shipping company Hamburg-Süd. Being the fourth of a series of six vessels of the Cap San class, the Cap San Lorenzo has a reefer capacity of 2
Frozen mussels from New Zealand to Port of Philadelphia begins Art-Box’s journey around the world to promote value of global container shipping Maersk Line, an ocean transportation company and a unit of the Maersk Group, announced today the arrival of the Maersk Line Reefer Art-Box
Lomar informs it has declared a further three options to build new container vessels at Chinese shipyards, which brings the total number of newbuilding orders in hand to over 20 ships. The company has declared its final two options in a total order for six 1
Together with customers and business partners, Hamburg Süd yesterday celebrated the christening of its containership Cap San Lorenzo at the Exolgan Terminal in Buenos Aires. The Cap San Lorenzo is the fourth containership in a series of six newbuilds for the company in the new Cap San class
Pronautas B.V. GmbH announced that its connectivity solution has been selected by Caiano Shipping III AS (Norway) for 11 Green Reefers vessels. Pronautas will provide a total turnkey connectivity solution comprising Sailor VSAT 900B antenna, Astrium’s Airtime and Xchange box
Gone are the days where a refrigerated unit was a 20ft container with a fridge pack attached. In today’s offshore environment it is it about quality and reliability and the safety of the people working with our kit from dock to deck, explains Greg Spence, managing director of Reftrade UK.
The CMA CGM Group announced the upgrade of its Oceania - U.S. services with the launch of the PAD 2 service, as from the beginning of March 2014. The group said PAD 2 will complement the existing fortnightly PAD 1 service and provide CMA CGM with improved coverage of the Oceania to U.S. trade
CMA CGM announced the reorganization of CMA CGM South Africa, the South African agent of the CMA CGM Group headquartered in Durban, with the departure of Arnaud Thibault, Regional Director and Managing Director of CMA CGM South Africa Pty.
Eyeing vast new efficiencies in global fresh produce and fresh-cut flower transport, Maersk Container Industry (MCI) is now partnering with Boston-based technology company Primaira LLC to develop an air cleaning system in Star Cool Integrated refrigerated containers.