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Reefers

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, would create the world's leading specialized reefer vessel operator in a new company to be named Lauritzen Cool AB, it said. "With the establishment of Lauritzen Cool the first step towards the long sought-for consolidation of the global reefer market has now been taken," it said. The merger of Lauritzen's loss-making reefer subsidiary Lauritzen Reefers -- both an operator as well as a shipowner -- and Cool Carrier, an operation unit only, would yield synergies of "conservatively estimated" $15 million per year. Lauritzen Cool will use reefer vessels from both Leif Hoegh and J. Lauritzen. It said total turnover was expected to amount to $430 million for 2001.


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


Ugland In Restructuring Deal With Swan

Ugland International Holdings Plc reportedly entered into agreements to restructure Norway-based refrigerated vessel (reefer) operators Swan Reefer ASA.


UASC Enters New Phase of Expansion

Photo: UASC

United Arab Shipping Company (UASC), a container shipping line recently announced the launch of a North Europe – US East Coast (NEU1) service as well as an order of 3,500 reefer containers. The new NEU1 service is part of UASC’s strategic global network to provide customers with worldwide transportation access and reach. The service consists of a weekly sailing making five direct port calls in North Europe to the principle ports of Le Havre, Antwerp, Rotterdam


APM Terminals Acquires Reefer Terminal S.p.A.

Vado Ligure Reefer Terminal to be upgraded, and operated as a single unit with the new deep-water semi-automated container terminal scheduled for completion in January 2018

  APM Terminals and GF Group are pleased to announce the acquisition of 100% of Reefer Terminal S.p.A. by APM Terminals has been completed today.  Terms and price were not disclosed.   Reefer Terminal, the largest refrigerated terminal in the Mediterranean for more than thirty years handling 600,000 pallets per year, is also a world-class terminal for the handling of containers (275,000 TEU, 510 reefer plugs, 14.5 meter depth and 465 meter of quay) and general cargo.  


UASC Places Order of 3500 Reefer Containers

Photo: United Arab Shipping Company

 United Arab Shipping Company (UASC), a leading container shipping line and emerging global carrier, has ordered another 3,500 reefer containers, after ordering 2,000 units from Japan’s Daikin Industries in January, says a report in JOC.   The order marks the second milestone in the expansion of UASC’s reefer services and reiterates the company’s ongoing investment in the most cutting-edge, energy-efficient solutions for the carriage of frozen and chilled cargoes


Green Reefers Invests in Polish Terminal

Green Reefers ASA increased its share in the Polish terminal Euro Terminal Sp.z.o.o.; formerly Odraport. An agreement has been reached to acquire Frax AS' 6 percent shares in Odra Industries ASA, the holding company of Euro Terminal. Green Reefers will thereafter own 31 percent in the terminal. Euro Terminal owns and operates a port in the northwestern corner of Poland with a total cold store capacity of 30,000 tons. Euro Terminal is the main port for Green Reefers in Poland


Contship Takes Delivery of Australis

The Contship Australis, the second of three newbuildings destined for Contship Containerlines' Europe-Australasia services has been delivered and will enter service on December 17 in Auckland. Built by Daewoo Heavy Industries in South Korea, the capacity of each ship is 4,100 teu, including 1,300 reefer plugs - making them the biggest reefer container ships in service. "The new ships are some of the most advanced in the business offering technological improvements both for the


Leif Höegh & Co. Concludes Exit From Reefers

Leif Höegh & Co. ASA (LHC) has sold its 36% shareholding in Lady Navigation Inc. to Frigo Navigation Ltd. on private terms. Lady Navigation Inc. owns the two reefer vessels Lady Racisce and Lady Korcula. The "Lady" vessels were built in 2000 and have a capacity of 590 000 cbft. Transfer of the shares in Lady Navigation Inc. to the new owner was concluded on 30 June and marks LHC's final exit from the reefer segment. LHC sold its commercial reefer operation, Cool Carriers, to


Forth Ports Invests in Grangemouth Refrigeration Containers

Port of Grangemouth. Photo:  Forth Ports Limited

 As part of the move to boost for importers and exporters of fresh produce using Scotland’s largest container terminal , the port of Grangemouth is to receive investment from its owners, Forth Ports Ltd to increase its capacity for refrigerated containers.    Forth Ports is significantly investing in extending the electricity supply infrastructure at Grangemouth from 126 specialist power supply points to 432.  


Samskip Logistics Opens New York Office

Photo: Samskip

With a presence on the U.S. market since 1994, Samskip Logistics has taken the next step by opening a new US head office in New York under the management of Paul Dean.   For over two decades, the company has operated two offices in Norfolk, Va. and in Seattle


Turkish ARKAS Line Sets Course for Hamburg

For the first time a vessel from Turkish ARKAS Line is expected in the Port of Hamburg on April 20. The WANDA A is deployed in the West Africa Express Service (WAX) operated by ARKAS and Hapag-Lloyd and will be cleared at HHLA Container Terminal Altenwerder


New Boxes Developed to Ship Live Lobsters

Image: CMA CGM

CMA CGM Group develops AQUAVIVA, a new generation of containers to transport live lobsters   The CMA CGM Group has launched a new generation of containers which allows for the safe carriage of live lobsters in their original water in conditions maintaining their natural habitat


Hueneme Port Expands Ship Pollution Reduction Program

Port puts final touches on Shore Power Project Photo Port of Hueneme

The Port of Hueneme launched the second phase of its Grid-Connected Shore Power System, celebrating another next step forward in reducing air emissions and minimizing environmental impact. Among the community leaders attending the ribbon cutting were Congresswoman Julia Brownley


APM Terminals Vado Orders 19 Straddle Carriers

Kalmar straddle carriers Photo APM Terminals Vado

APM Terminals has signed a contract for the delivery of 19 advanced container handlers which will employ advanced diesel/electric power sourcing to increase fuel efficiency and reduce emissions for Italy’s newest container terminal.  


Interferry Acts on RO/RO Deck Fire Safety

In response to a string of major incidents, Interferry has produced operational best practice guidance for fire safety on ro-ro vehicle decks. These measures, which aim to to enhance fire prevention, detection and suppression, highlight the need for continuous monitoring


Shrinking Violets Amidst Global Fleet’s Flower Power

Graph: Clarksons Research

 Clarksons Research says that in many instances the shipping industry is all about growth, with trade volumes expanding along with the world economy and fleet capacity growing too.    However, that’s not exclusively the case


Ship Runs Aground in Columbia River

Photo courtesy: U.S. Coast Guard

 A 623-foot Panamanian-flagged bulk carrier Sparna ran aground early Monday morning in the main shipping channel of the Columbia River near Cathlamet, Washington,  according to the U.S. Coast Guard.   The Sparna has taken on water in void spaces


CMA CGM Offers a New Direct Connection with La Reunion on its ASAF Service

Map: CMA CGM

 CMA CGM announced that a new call at Pointe des Galets (La Reunion) will be introduced on its ASAF service, connecting Asia to West Africa, and operated with 13 vessels of 9,400 TEU.   The maiden voyage direct to La Reunion will be operated with m/v CMA CGM TANYA in Xingang on March


Crowley Continues Fleet Upgrade

Photo: Crowley

Crowley receives of new containers and related equipment as part of $32.7 million fleet optimization investment    Crowley Maritime Corp. is continuing to receive and place into service $32.7 million worth of new cargo carrying equipment


UASC Expands Further in S.America

Photo: UASC

 United Arab Shipping Company (UASC) announced the opening of a new joint-venture agency in Uruguay and participation in this year’s Intermodal South America exhibition, opening today in São Paulo and running until 7th April.  


Hapag-Lloyd Eyes Impact of New Grand Canal

One of the more than 34,000 employees who have been working on the huge project since 2007 (Photo courtesy of the Panama Canal Authority)

The Panama Canal has linked the Pacific with the Atlantic for more than 100 years. It will soon be possible for significantly larger ships to pass through its locks. What will the expansion mean for Hapag-Lloyd?   They’re still working in Panama


North P&I Warns of Risks of Reduced Generator Capacity

North P&I Club is advising its members to be aware of the potentially severe consequences of poorly maintained or overloaded on-board generators being unable to meet the electrical demands of ships at sea. The warning comes in the latest issue of the club’s loss prevention newsletter


Valparaíso Express Class: Tailor-made for the New Canal

This is how the newbuildings will look like (Image: Hapag-Lloyd)

 The new, expanded Panama Canal is set to open soon. Hapag-Lloyd is preparing for the event by optimizing its fleet. Here, we show you what these new ships will look like.   The new Panama Canal will usher in a new era in shipping between South America and Europe


CIMC Plans $928 Million Share Sale

Image: China International Marine Containers Co.

 The world’s biggest maker of shipping containers China International Marine Containers Group Co. (CIMC) plans to raise 6 billion yuan ($928 million) selling shares to fund an expansion of a business park in Shenzhen and other assets, reports Bloomberg.  






 
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