Maersk Container Industry News

Global shipping container suppliers China International Marine Containers and Maersk Container Industry in a joint statement on Thursday said they have abandoned a merger plan, citing significant regulatory challenges.China International Marine Containers (CIMC) in September had agreed to buy the Danish shipping company AP Moeller - Maersk's refrigerated containers maker for $987.3 million.The U.S.

Germany's Federal Cartel Office is taking a closer look into the planned sale of Maersk's refrigerated containers maker to China International Marine Containers, a spokesman for the office said on Thursday.The office has opened an investigation into the effects the takeover of Maersk Container Industry by CIMC could have on the affected markets, it said.The Danish shipping company signed an agreement to divest its container manufacturer to CIMC in September for $987.3 million.However, regulatory authorities still need to approve the plans.

The shipping containers market estimated to grow with a CAGR of 6.5% during the forecast period from 2018 to 2026, said a report.According to ResearchAndMarkets' latest report, the number of goods carried by shipping containers witnessed an extravagant grow from 102 million metric tons in 1980 to 1.83 billion metric tons in 2017.The quantity is projected to claim more than 60% of the world seaborne trade and almost 90% of the non-bulk cargo transported across the globe, it said.The number is quite promising and anticipated to proliferate significantly in the coming years. Therefore, the aforementioned number strongly advocate the consistent…

The Israel-headquartered container carrier Zim Integrated Shipping Services (ZIM) is expanding its ZIMonitor containers fleet in 2019 and adding advanced “Star Cool” containers manufactured by Maersk Container Industry (MCI).MCI informed that it has secured an order of 500 Star Cool Integrated Reefers from ZIM Integrated Shipping Services, establishing a strong relationship with the customer.For decades, ZIM has been offering advanced transport of fruit, meat, medicines, and other frozen or refrigerated cargo to its customers. The new MCI “Star Cool” containers have the refrigeration unit integrated directly into the container box. This design has several advantages…

The Global International Orginization for Standardization (ISO) Shipping Container Market is growing at a CAGR of 8.6% during 2017-2026, said a report.According to Stratistics MRC, growth of seaborne trade, growing demand for commodities and rising industrial expansion in China are the key driving factors for the market growth.However, factors such as the effect on the environment and fluctuating raw material prices are hindering the market growth, the market research report said.ISO container is any type of shipping container which is designed, manufactured, tested and certified to the standards of the International Standards Organisation in terms of size, strength and durability. They are made out of various grades of steel and built for freight transport.

A.P. Moller-Maersk will merge Damco Supply Chain Services and Maersk Line's Ocean Product, the Danish shipping giant announced on Wednesday, as it seeks to offer customers the chance to deal with one firm when shipping goods across the world.The operator of Maersk Line, the world's largest container shipping company, kicked off a restructuring drive in 2016 that saw it sell its oil and gas business last year to focus on transport and logistics business.Maersk said its latest change would take effect on January 1…

Dedicated to creating more sustainable shipping practices, the world renowned banana producer is further bolstering its fleet or Star Cool Integrated containers and adding more controlled atmosphere systems to deliver premium banana quality. The new batch of 2500 Star Cool Integrated containers from Maersk Container Industry (MCI) will be deployed in Chiquita Brands International’s (Chiquita) shipping services. Of the batch, 1000 integrated containers are equipped with MCI’s market-leading Star Cool CA (Controlled Atmosphere) system, which effectively preserves the freshness of bananas during transit. By controlling the ripening, Star…

In line with the strategic direction announced in September 2016 A.P. Møller - Mærsk A/S has made significant progress in focusing the future business on container shipping, ports and logistics. To further accelerate the development of customer oriented end-to-end transportation and logistics solutions the Board of A.P. Møller - Mærsk A/S today announces that it is strengthening the management of the company by appointing the Chief Operating Officer, Chief Commercial Officer as well as the CEO of APM Terminals to the Executive Board. Effective 1st December 2017, Vincent Clerc, Executive Vice President and Chief Commercial Officer, Morten Engelstoft…

To maintain and expand its container fleet, Hapag-Lloyd, a global container line, has purchased 3,700 Star Cool Integrated containers as part of their recent reefer investments from Maersk Container Industry (MCI). Of these, 1,000 Star Cool units will be chilled by the environmentally friendly R513A refrigerant system with a Global Warming Potential (GWP) of less than 56 percent of the commonly used R134A refrigerant. Eager to support the market adaptation of more environmentally friendly refrigerants, Hapag-Lloyd is the first carrier to widely deploy the low-GWP R513A refrigerant blend recently introduced by MCI. The R513A charged Star Cool unit is addressing the environmental protection legislation for existing technology platforms introduced with…

Maersk Container Industry is introducing an energy meter with its Star Cool refrigerated containers. Star Cool refrigerated containers are now fitted with a new embedded digital feature that offers visibility and precise knowledge of actual energy consumption. To provide transparency into actual energy consumption throughout the transportation window, over land and sea, Maersk Container Industry (MCI) is introducing an energy meter feature integrated into all new Star Cool refrigerated containers. Maersk Line, the world’s largest container shipping company and part of Maersk’s Transport & Logistics division, became the first of MCI’s customers to take delivery of the new Star Cool reefers at the start of the year.

Denmark-based shipping and oil company A.P. Møller-Mærsk A/S (Maersk)'s decision to split the group into two parts now get the credit rating agency for questioning to the light blue conglomerate's debt. It ends "probably" with a downgrade, because large parts of the oil revenue will no longer contribute to upholster transport division. "We have placed the ratings of Maersk on review for downgrade because we believe that its business diversification will reduce significantly with the separation of its energy businesses which represented 62% of EBITDA as of the first half of 2016," says Maria Maslovsky, a Moody's Vice President-Senior Analyst and lead analyst for Maersk.

The decision by A.P. Moeller-Maersk A/S to split into two separate divisions - Transport & Logistics and Energy - reflects the challenging fundamentals in the sectors in which it operates, and diminishing counter-cyclical benefits of operating in them in the current economic cycle, Fitch Ratings says. We do not expect the split to significantly improve the performance of the group's separate units, although the increased focus may help long-term strategy execution. We believe operational diversification does not consistently provide material benefit to Moeller-Maersk's business profile because the industries in which the company operates are highly cyclical and volatile.

Shipping containers are defined as containers that facilitate the transport and carriage of goods without the need to unload and/or reload the cargo at intermediate points. These containers are large rectangular boxes made of a special corrosion resistant grade of steel and are characterized by high strength and durability. Containers are generally made up of aluminum and steel. The size and type built of each container comply with specifications and regulations formulated by the International Organization for Standardization (ISO). Shipping containers are classified into three main categories, namely dry containers, reefer containers, and tank containers.

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. Thorough tests and trials have shown the patented technology, Bluezone, to be an efficient eliminator of molds, fungi and bacteria. Using an ozone concentration 300 times higher than otherwise seen on the market, Bluezone also removes ethylene effectively. “We are still working on the final design, but we are convinced that the Bluezone and Star Cool combination represents economic and environmental upsides so far unseen in container transportation,” said Soren Leth Johannsen, chief commercial officer of MCI.

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. Thorough tests and trials have shown the patented technology, Bluezone, to be an efficient eliminator of molds, fungi and bacteria. Using an ozone concentration 300 times higher than otherwise seen on the market, Bluezone also removes ethylene effectively.

An advanced insulation foam and ingenious ways to transport fresh food have helped make Maersk Container Industry (MCI) a finalist in two competition categories, CSR and innovation, at this year’s Containerization International Awards. MCI competes for the “Technological Innovation of the Year” prize in recognition of its automatic ventilation, AV+, which saves energy by controlling fresh air ventilation inside refrigerated containers. An affiliated technology, controlled atmosphere (CA), keeps track of how fruits and vegetables ripen and respire inside the container during transport.

Maersk Container Industry calls for tougher enforcement of European environmental legislation regarding reefer containers. "We urge the European Commission to ensure enforcement of existing EU legislation regarding insulation foam in reefer containers," says Peter K. Nymand, CEO for Maersk Container Industry. "This would benefit the environment, and it would help European innovation and environmental investments pay off," Nymand adds. Current EU legislation bans the "import" or "placing on the market" of reefer containers with significant potential to damage the climate and ozone layer. But thousands of such containers nevertheless circulate in Europe's internal market on virtually the same market conditions as more environmentally friendly reefers.

Today, Maersk Line announced a new policy to refrain from purchasing containers with floors made of uncertified tropical hardwood. “Illegal logging is widely recognised as a serious threat to forests, people and wildlife. We feel obligated to use our purchasing power to push for higher standards and ensure that the timber we use for container floors come from responsible forestry,” says Jacob Sterling, Head of Climate & Environment, Maersk Line. Traditionally, shipping lines have had their containers fitted with tropical hardwood floors.

Maersk Container Industry has joined the United Nations' Save Food Initiative to help make international food logistics more efficient and reduce global food waste. "Food should not be wasted, but too often it is, and we believe our technologies can help improve the food logistics chain," says Peter K. Nymand, CEO of Maersk Container Industry, MCI. The UN food organization FAO, under which Save Food  is organized, estimates that globally up to 50% of fruits and vegetables are lost between farm and fork. Transport and distribution may account for between 5% and 20% of the loss depending on the specific region of the world. Technologies like Star Cool CA and AV+ are used to control a refrigeration container's temperature, humidity, air flow and air composition.

Maersk Container Industry has joined the United Nations' SAVE FOOD Initiative to help make international food logistics more efficient. "Food should not be wasted, but too often it is, and we believe our technologies can help improve the food logistics chain," says Peter K. Nymand, CEO of Maersk Container Industry, MCI. The UN food organization FAO, under which SAVE FOOD is organised, estimates that globally up to 50 % of fruits and vegetables are lost between farm and fork. Transport and distribution may account for between 5% and 20% of the loss depending on the specific region of the world. Technologies like Star Cool CA and AV+ are used to control a refrigeration container's temperature, humidity, air flow and air composition.

Søren Skou has been appointed new CEO of Maersk Line with effect from 16 January 2012. Søren Skou was previously CEO of Maersk Tankers and replaces Eivind Kolding who is leaving Maersk Line to become Chairman of the Executive Board of Danske Bank. ”Under Eivind Kolding’s skilled leadership, Maersk Line has undergone an impressive turnaround. Its competitiveness has improved significantly and at the same time, Maersk Line has set new standards for the industry with regards to environment and reliability.

Maersk Container Industry (MCI) purchased 116,000 plastic balls for a trial to test & increase the effectiveness of its refrigerated containers in delivering fresh produce. The balls were adapted so they would respire in much the same way as fresh fruit and vegetables do, enabling MCI to assess various improvements to its reefer box service. MCI's container technology manager Lars Lübker explains why the company opted to run such a large trial: "The challenge by transporting fruits and vegetables is that they respire. They are living organisms and they need to be taken special care of. "In order to improve the performance of a container we had to develop a specific artificial fruit. We did that by purchasing 116,000 plastic balls.