LauritzenCool and NYK Reefers in New Cooperation
next year. and NYK Reefers taking a 50% share of LauritzenCool Logistics. solutions at competitive prices. LauritzenCool AB and NYK Reefers Ltd. tonnage sharing agreement with effect from January 1st 2004. service to the customers. vessels between 375Âf-760Âf cubic feet. maintaining an independent reefer operation. LauritzenCool AB and NYK Reefers Ltd. wholly owned subsidiary of LauritzenCool AB. to growers and exporters as well as importers and retailers. cool chain. enhance the return to our ship owning partners. LauritzenCool Logistics as a company. Mr. efficient and flexible service to our valued customers. NYKÂLs strategy being a logistics mega carrier. partner in this area. Mr. that this marks an important step in the development of the company. our customers.
NYKLauritzenCool to be Renamed NYKCool
J. Lauritzen A/S and NYK Reefers Limited (a wholly subsidiary of NYK Line) announced that NYK Reefers Limited has acquired the 50% shares of NYKLauritzenCool AB previously held by their joint venture partner J. Lauritzen A/S, whereby NYK now controls 100% of the company. Torben Janholt, President and CEO of J. Lauritzen A/S said "Lauritzen has enjoyed a strong partnership with NYK Reefers and a very good cooperation with our Swedish colleagues. As a part of Lauritzenâs overall strategy we decided to sell our reefer fleet in 2006 and it is therefore only natural that NYK takes over our 50 % share holding of our joint marketing company.
âCoolâ Reefer Merger is Full Speed Ahead
Commission to merge their reefer activities. owned on a 50/50 basis by NYK Reefers and J. various sizes, in all major reefer trades. year when J. agreement launched in January 2004. companiesâ activities match each other as pieces in a jigsaw puzzle. J. Lauritzen and Mr. office. customers as earlier. adjustments as the merger progresses. merged operations up and running at an optimumâ, says Jansson. Mr. Jansson affirms. modern treatment facilities such as controlled atmosphere, CA. and to develop new logistics and transport concepts. belief in the future of this business. strength such as NYK LauritzenCool,â Mr. Jansson concludes.
