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Industry news

Everything listed under: Reefer

  • Transnet costs box lines $4m as fruit shippers charter conventional reefers

    South Africa’s embattled fruit exporters have made good on their promise to look at alternatives to container shipping services affected by wind problems at Cape Town Container Terminal, and will transfer some volumes to conventional reefer ships later this year. A group of 14 major exporters including Capespan, Dole, and Asda-owned International Procurement & Logistics, have contracted with shipowner NYKCool to charter four conventional reefer vessels to coincide with the beginning of the p...

  • Reefer shippers fed up with volatile rates opt for longer-term deals with lines

    Reefer shippers are signing contracts with container shipping lines that last for as long as five years, Maersk Line’s head of global refrigerated business Thomas Eskesen claimed. He told delegates at the Cool Logistics Global conference in Rotterdam this week that the general rate increase of $1,500 per 40ft reefer unit had acted as “a catalyst” for discussions between carriers and shippers to enter a new era. “A lot of people are simply worn out by the volatility – haggling for $50-100 per box...

  • Reefer containers set to pay their way under pool plan

    The possible formation of a grey pool for reefer containers moved a step closer this week with the publication of a new white paper on the concept and signs that resistance to its introduction is lessening. Steve Alaerts, general manager of perishable-specialist freight forwarder foodcareplus, told The Coolstar (sister publication to The Loadstar) that after an initial meeting in Antwerp earlier this year between representatives of the various stakeholders in the perishable mariti...

  • Stormy weather ahead for perishable shippers as capacity crunch looms

    Is there a new supply chain bottleneck looming in perishable maritime trades? As the longstanding lack of investment in conventional reefer capacity shows no sign of changing, and container carriers appear to have placed an unofficial moratorium on reefer box investment until their $1,000-plus per container general rate increase has become widely accepted throughout global markets, there is the growing possibility that shippers could find capacity increasingly scarce. In an irony that will not b...

  • Will the reefer trade go bananas over new design for larger-capacity vessels?

    A new conventional reefer ship design, potentially offering considerably higher loading capacity and far quicker port loading times, has been launched, targeting the banana trade between Latin America and Europe. The design – the result of the co-operation between veteran industry executive Birger Lindberg Skov, managing director of Reefer Intel, and one of the world’s largest ro-ro vessel operators, Stena – brings to the reefer trade the quarter stern ramp loading system often used in the ro-ro...

  • Flower shippers look to stick the petal in the metal

    It’s not all bad news coming from the icy reefer trades. The container industry’s doldrums are at least helping to introduce a little more South American colour to the wintry North European landscape. Rock bottom reefer rates have encouraged Colombian and Ecuadorean flower exporters to make the shift from air to sea transport on key long-haul trades, in particular South America to the UK and Russia.

  • Shippers question Maersk’s claim that they ‘accept’ reefer rate rises

    The importance of this year’s $1,500 per reefer container general rate increase to the finances of the world’s largest container line was underlined last week when Maersk announced its annual results. However, perishable shippers warned that in many cases the line would be unable to achieve its target. Reporting a full-year net profit of $461m on revenues, of $27.1bn for Maersk’s container shipping division, chief executive Nils Smedegaard Andersen told financial analysts that the increase in re...