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Unicool News

25 Nov 2015

R-22 Phase-out Presents Dangers and Expense -WSS

UnitorUnicoolRange (Photo: WSS)

The shipping industry is facing price, supply and safety risks in the run-up to the global ban on R-22 (chlorodifluoromethane or HCFC) refrigerant, warns Wilhelmsen Ships Service, a global provider of services and products. The colorless gas, which has high ozone depletion and global warming potential, is still said to be in use on between 6,000 and 8,000 vessels worldwide. R-22 was outlawed throughout the EU in a process that ran from 2010 to January 1, 2015. It is currently being phased out in the U.S., where no new or imported R-22 will be permitted from January 1, 2020.

07 Jun 2012

Wilhelmsen Ships Service Holds Prices for 2012

This comes as a direct response to the challenging market conditions and the company’s intention to share reduced operating costs and cost savings with its global customer base whenever possible. “The price hold ensures that our customers avoid increases at a time that is proving to be a difficult one for the whole industry. We are continuously developing our processes in order to improve our operational efficiency. “Together with ongoing investment in customer service and the expansion of our global network, the price hold demonstrates that we continue to be a strong business partner now and in the future”. As the world’s largest maritime network…

23 Mar 2011

Unicool Range Expanded To Meet Customer Demands

As ozone-depleting refrigerants are in the process of being phased out around the world, vessels are changing their refrigeration systems to meet the new legal requirements. The challenge for the business is to navigate through the jungle of replacement alternatives offered from the world-wide chemical industry. As market leader for marine refrigerants, Wilhelmsen Ships Service has, through a series of activities like “Catch R-22”, prepared the industry for this change. After performing in-house tests…

19 Nov 1999

Leif Hoegh To Buy Remaining Stake in Unicool

Leif Hoegh & Co. ASA announced plans to buy the remaining 50 percent of reefer operator Unicool, in which it already holds a 49.8 percent stake. Final negotiations for the deal re expected to take place next week. The price of the deal is to remain confidential, officials said. Unicool is the world's biggest operator of refrigerated ships and has 68 vessels.

02 Dec 1999

Leif Hoegh To Purchase Unicool Shareholding

Leif Hoegh & Co., who owns 49.8 percent of Unicool, has signed an agreement to purchase the 50 percent shareholding in the company owned by South African Marine Corp., effective early January 2000. Unicool, through its two subsidiaries Cool Carriers and Arctic Reefers, is a worldwide operator of reefers with a fleet of 68 vessels, of which Unicool owns 16.

26 Jan 2000

Leif Hough Sells Three Ships

Norway's Leif Hoegh said that Unicool -- its fully owned unit -- sold three reefers for a total of just over $27 million. The sales prices was close to the book value, Leif Hoegh said in a statement to the Oslo bourse. It said Unicool had sold the vessels Baltic Spirit, built in 1986, Lincoln Spirit, built in 1987 and Tasman Spirit from 1988.

16 Feb 2000

Leif Hoegh Forecasts Higher Profits

Norwegian shipping company Leif Hoegh forecast higher operating profits in 2000. The company reported an operating profit of $23.2 million in 1999, down from $70.97 million in 1998. It said that profits would be lifted by the consolidation of the Hual car carrier division into its accounts, by its reefer unit Unicool, as well as by improvements in other areas. The company also said that it was proposing a 450 million crowns capital expansion, linked to its purchase of a 50 percent stake in Hual from Ugland International. Leif Hoegh is paying $390 million for the stake, making it the sole owner.