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Reefer Vessel

Reefer Shipping Continues to Thrive

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


Rebirth of Reefer Ships

Photo: Knud E. Hansen

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


Drewry Maritime Research: Reefer Charter Rates Thaw

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


A & P Falmouth Has Good Outlook With Reefer Market

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 To Update Aging Fleet

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 Wins $17M Contract

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 of Hueneme Receives EPA Grant

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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


OT Africa Line expands Reefer Service

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


MOL Donates Six Container Ships

MOL Donates 6 Reefer Containers to Disaster Areas 20 July 2011_web.bmp

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.


Ship Operating Costs Under Immense Pressure

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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


Hamburg Süd Christens Containership in S. Korea

Hamburg Süd’s San Christobal will operate between Asia and the east coast of South America from September 2014

Hamburg Süd yesterday celebrated the christening of its new containership San Christobal with customers and business partners at the Hyundai Heavy Industries shipyard in Ulsan, South Korea. The vessel is the second newbuild in the series of three new San-class ships.


COSCO Resorts to Rate Restoration for F. East to S Africa Trade

COSCO

  COSCO Container Lines would like to announce Rate Restoration for all shipments (include reefer cargo) from Far East to South Africa Trade and take effect from September 1, 2014. The detail of the RR will be USD150 per TEU Far East include: China Mainland, China Hong Kong


GTI, RTE Announce Strategic Partnership

Integrated wireless tracking, monitoring and management of refrigerated containers for intermodal transportation worldwide. Globe Tracker International (GTI), a company in global trade data sharing, autonomous asset tracking and monitoring and related data analytics


Drewry: Reefer Box Capacity to Grow 22%

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Reefer capacity on the containership fleet is expected to increase by 22% over the next five years, at the expense of a declining specialized reefer fleet, according to Drewry's latest Reefer Shipping Market Annual Review & Forecast.  


Weak Financials Drive Container Leasing Sector - Drewry

Container Leasing

  The container leasing sector experienced another year of stellar growth in 2013 thanks to the continuing weakness of carrier financials, according to Drewry’s recently published Container Leasing report. And Drewry forecasts that this trend will continue.


Continued Growth for Container Leasing Sector

Photo: Drewry

The container leasing sector experienced another year of stellar growth in 2013 thanks to the continuing weakness of carrier financials, according to Drewry’s recently published Container Leasing report. And Drewry forecasts that this trend will continue.


CMA CGM MANET in Sydney with Select Burgundy Wines Cargo

The bottles of Burgundy Wine will have completed the first part of their trip around the world, that began on June, 14th

  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.


Global Ocean Trade: Latest Shipbuilding Orders

Bulk carrier bow: File photo

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


Evergreen Holds Naming Ceremony for New Ship

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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


Vigor Awarded USS Emory S. Land Drydock Contract

 USS Emory S. Land (AS 39): Photo in public domain

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


ZIM Reinforces Israel Express via Hamburg

ZIM  Hamburg

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


Hamburg Süd Christens New Containership

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


First of 28 New Ships Enters CMA CGM Fleet

CMA CGM Danube (Photo courtesy of CMA CGM)

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.


Evergreen Name Fifth New Containership

Naming ceremony: Photo Evergreen Group

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


First Vessel 'Plugs In' to New Hueneme Power System

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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






 
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