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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”.  

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

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

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

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.  

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.

Maersk Line's Innovative Smart Reefers

Image: The Maersk Group

 Have you heard about Maersk Line's smart reefers that can listen and talk? Cutting edge technology that reduces risk in customer supply chain, claims Maersk Line.   "We’re always looking for ways to improve cargo care on behalf of our customers. As the world’s biggest container shipping company, we play an important role in cold chains all over the world, and our care means your cargo has a safe passage from field to fridge

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

Maersk Line Returns to Iran

Photo: Maersk Line

 The latest country included in the Maersk Line organization is part of the UAE cluster comprising of UAE, Oman, Qatar and Iran. Christian Juul-Nyholm, Managing Director, UAE Cluster, is upbeat about this development.    He says

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

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

Evergreen Line Expands Adriatic-Israel Service

Photo: Evergreen Shipping Singapore

 Evergreen Line is to partner with COSCO in operating a joint Adriatic - Israel (AIS) Service. The new initiative opens up the corridor between North Adriatic ports, Piraeus and Israel, and provide direct and speedy service to customers.  

Maersk Line Orders 14,800 New Reefer Containers

File photo: Maersk Line

Maersk Line has ordered 14,800 new reefer containers in 2016, driving the average age of its 270,000 unit reefer container fleet down to 7.9 years.   Part of the reefers replace older equipment, and add to the 30,000 reefers acquired by Maersk Line in 2015.  

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

Freight Rates in Europe-ECSA Trade Continue Declines

Preliminary data; All data includes dry, reefer and tank cargoes Source Datamar

Container volumes from North Europe and the Mediterranean to the East Coast of South America have now fallen in 26 of the previous 28 months, with the latest statistics from Datamar showing that shipments fell by 8% year-on-year in July. It is the smaller Med to ECSA trade that continues to

APL Satellite Tracking Service Gets Smarter!

Pic: Neptune Orient Lines

 Taking live monitoring of reefer cargoes beyond temperature and humidity tracking, APL is introducing real-time oxygen and carbon dioxide monitoring capabilities to its industry-pioneering satellite tracking system, SMARTemp.   

Growth in the Leased Container Equipment Fleet to Slow

Source: Drewry Maritime Research

 Following markedly slow growth of just 3.5% in 2015 due to decreased rental demand, the global leased container equipment operating fleet is forecast to increase by little more than 1% in 2016, according to the latest edition of the Container Leasing Industry Annual Report 2016

Samskip Acquires Euro Container Line AS

Norway Ports Map (Photo: Samskip)

Samskip has completed the acquisition of Euro Container Lines AS, building on a strategy for growth in the Nordic area to make its largest ever acquisitive move in Norway.   The ECL acquisition aims to strengthen Samskip’s position in the Norwegian market by enhancing the speed and

BG Freight Line Orders Four Containerships

Image: BG Freight Line

BG Freight Line, a fully owned subsidiary of Peel Ports Group, is to receive new tailor-made short sea container feeder vessels optimized for the company’s Irish Sea Hub services.    The new class of ‘green’ vessels has been developed by BG Freight Line operation with

Maersk Line's RCM for Shipping Refrigerated Goods

Image: Maersk Line

 Shipping refrigerated goods?  Maersk Line's Remote Container Management ensures the ideal environment for your shipment, claims the company.   " We’re always looking for ways to improve cargo care on behalf of our customers

Friend of the Sea Turns to BMT for Reefer Vessels Certification

BMT Surveys (BMT), a subsidiary of BMT Group, the international maritime design, engineering and risk management consultancy, has been engaged by Friend of the Sea to investigate whether specialized reefer vessels comply with the broad set of requirements to qualify for certification. 

CMA CGM to Reshuffle its India Middle East Gulf Route


 In a continued effort to provide increased reliability and quality services in a challenging environment, CMA CGM will reorganize its services connecting India Middle East Gulf to East Africa strategic markets.   Starting mid July 2016

Pacific International Lines Chose HAROPA


Since June 2016, the Singaporean shipping line Pacific International Lines (PIL) has marketed a weekly containerised service (20’/40’/40’HC and reefer) from HAROPA - Port of Le Havre and bound for the South Pacific area. The service notably makes stops in Australia, New Zealand

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