44-WCN-Feb09:Layout 1 24/2/09 10:30 Page 1
WorldCargo
REEFER INDUSTRY
news
Reefer production holding steady
thousand reefers from CIMC dur-
ing 2008 in order to free up ca-
pacity for the growing third party
clientele of MCIQ. This again in-
cluded TAL International, Hanjin
F
igures just in from manu-
facturing sources in China
Demand for standard dry freight
Shipping, NYK Line, Yang Ming
and Zim Lines, plus further new
indicate that reefer con-
containers may have hit the buffers
business from CAI International,
tainer production last year fell by
almost 9% from the record total
last year in the wake of the global
Textainer and Sea-Axis.
MCIQ delivered over 28,500
built in 2007 - a far better perform-
ance than the 25% plus slump ex- economic downturn, but reefer
units in 2007, again virtually all
40ft high cube, as the factory
perienced in the dry freight sector.
The year started a little weaker
production held up remarkably well
geared up its production in the
aftermath of the closure of MCI-
than in early 2007, but reefer de- Denmark at the end of 2006.
mand picked up rapidly from the fallen sharply in recent months in 40ft (8ft 6in) containers in 2008,
second quarter and subsequently line with reduced material costs, as Dole Ocean Cargo - virtually Upgraded line
held until the final three months and are now lower than at any the only buyer of this equipment Singamas’s Shanghai Reeferco
when the effects of the global credit time in the past three years. in recent years - has now ended Container Co (SRCC) built
crunch inevitably began to be felt. The volume production of its latest replacement programme. 14,000 units (26,000 TEU) in
Despite the global economic downturn, reefer production held up well in 2008
All four established volume maritime reefers in 2008 is calcu- 2008 on its newly upgraded pro-
reefer plants in China were oper- lated at around 107,000 units Delayed delivery extended the lead-time between which has effectively increased the duction line. Annual capacity was
ated at close to double-shift dur- (207,500 TEU) compared to the China International Marine Con- buyers placing orders and then fi- ratio of TEU to unit production. increased from its former 20,000
ing the first ten months of last year, 117,500 units (224,000 TEU) built tainers (CIMC) is estimated to nally settling the account. Even without these extra de- TEU to 33,000TEU during the
with production tailing off rapidly in 2007. Output in 2008 comprised have delivered almost 120,000 Should this production be liveries, CIMC’s two factories still latter months of 2007 when the
from November. However, unlike 6500 x 20ft and 100,500 x 40ft high TEU (61,000 units) of maritime added to CIMC’s build for 2008, accounted for almost 60% of plant found itself very hard-
the standard container sector, cube, plus a separate 1000 or more reefers during 2008. However, it the total then rises to 71,000 units, world reefer production in 2008, pressed to meet demand.
some reefer production was main- of domestic, palletwide or other is apparent that up to another which was still below the record with the larger, Qingdao CIMC The2008 total comprised over
tained right up to the year-end specialised types. 10,000 40ft high cubes booked at 74,500 units supplied in 2007. It Reefer Container Co (QCRC), 2000 x 20ft (10% of which were
and it has continued into the In 2007, production divided as its two main factories prior to the would amount to almost 140,000 providing at least a third and high cube) and almost 12,000 x
opening quarter of 2009, albeit 11,000 x 20ft, 2000 x 40ft stand- end-year were actually delivered TEU, which was the same as the Shanghai CIMC Reefer Con- 40ft high cubes, and compared
with the usual lengthy break for ard and 104,500 x 40ft high cube early in 2009. This delayed pro- 2007 figure. This slight anomaly tainer Co (SCRC) a quarter. with 1500 x 20ft and 12,500 x 40ft
the Chinese New Year. plus a few hundred specials. There duction was largely a product of is explained by the company’s The Qingdao plant supplied high cube delivered in 2007.
Finished reefer prices have also was no manufacture of maritime financing constraints, which has lower 20ft output during 2008, around 35,000 units (69,000 The company secured further
TEU) in 2008, leaving 26,000 substantial orders in 2008 from
units (49,000 TEU) for construc- OOCL, HMM and Wan Hai, as
tion by SCRC. The SCRC out- well as from parent company PIL,
put included 2750 x 20ft reefers, plus new business from Textainer
with a further 1150 coming from and Beacon Intermodal Leasing.
QCRC. The balance was 40ft high However, OOCL was the biggest
cube (numbering 57,000 from the buyer by a long margin, taking al-
two sites combined), plus 120 most a third of last year’s output.
maritime 45ft units and over 1000
specials built by the separate cus- Machinery matters
tomised CIMC reefer special line On the reefer machinery front,
in Qingdao. manufacturers experienced a
It is understood that no sig- mixed year, with some brands
nificant reefer construction work notching up gains at the expense
was carried out at CIMC’s Tong of others. Market leader, Carrier
WCN Publishing specialises in the publication
Lee (TLRC) factory during 2008, Transicold, supplied well over
of
as it has been switched to other 60,000 machines , which although
high quality information for the global
specialised business. down on the record 71,500 sup-
transport industries and publishes a range of In 2007, CIMC production plied in 2007 was sufficient to
leading journals covering cargo and materials
had amounted to around 9000 x maintain its long-established mar-
20ft, 2000 x 40ft and 63,500 x 40ft ket share of 60%. It is also reck-
handling, intermodal/containerisation and port high cubes. A total of 38,500 units oned to be the dominant supplier
activities together with the shipping of
(74,500 TEU) was constructed at of machinery for the “delayed”
the Qingdao site, as compared to reefer production, held over into
containerised, bulk and general cargoes.
35,500 units (65,000 TEU) from 2009, which if included would
SCRC and just 500 x 20ft units again boost its total to more than
Staffed by
by TLRC. This gives the afore- 70,000 units.
knowledgeable professionals, the
mentioned totals of 74,500 units Thermo King Corp delivered
portfolio of WCN journals provides informed,
and 140,000TEU. a record 19,000 of its Magnum
industry-specific news with detailed coverage
CIMC had reported a reefer units, which was up 20% on the
output of 70,000 TEU for the first total supplied in 2007, while
of what is really happening in these industry half 2007, implying a very balanced Daikin Industries built almost
areas. All three journals are supplemented by
production schedule for that year. 16,000 of its LXE10E model. This
By comparison, the group supplied was 50% down on the company’s
lively and useful websites.
67,000 TEU in the first half of 2008, output of 24,000 units in 2007.
which was already indicative of a The balance of production
slight slowing in its rate of manu- comprised over 10,000 Star Cool
This value-added approach places them
facture, while almost 53,000TEU units from MCI’s new purpose-
among the most respected titles in their
were delivered during the latter six built factory in Qingdao. Although
months (with another 20,000 TEU the majority once again went di-
sectors which makes them the media selection
awaiting delivery in early 2009). rect to Maersk Line, and included
of choice for organisations operating in these CIMC’s two main reefer plants over 1500 of the new developed
fields and wanting to create a dialogue with
continue to be favoured by most Integrated Star Cool design (see
major reefer buyers, with sizeable WorldCargo News January 2008,
their customers, distributors and suppliers. repeat orders placed throughout p42), a pioneer delivery of 200 units
2008 by APL, CMA-CGM, Ev- was made to MOL. A number of
ergreen Line, Hamburg Sud, K- Star Cool machines have also been
Line, MSC and even Maersk Line. procured more recently by TAL for
WCN Publishing,
Leading buyers from the leasing lease to UASC, and a test batch of
Northbank House,
sector were GE SeaCo, Cronos, three of the integrated units are
Triton Container, Capital Inter- with Fesco Lines.
5 Bridge Street,
modal and Florens . Thermo King’s big coup in
Leatherhead, Surrey,
Record output
2008 was to secure TAL Interna-
KT22 8BL, UK
tional as a dedicated customer,
CIMC’s main rival, Maersk Con- while building on its already
tainer Industri (MCI), built a strong sales to OOCL and Hapag-
Tel: +44 (0)1372 37 55 11
record 32,000 units (63,400 TEU) Lloyd, as well as to Crowley Liner
Fax: +44 (0)1372 37 01 11
at its Qingdao plant during 2008, Services and Seaboard Marine in
Web: www.wcnpublishing.com
giving it a 30% share of world pro- the US. The company further
duction. At times this required an completed its first deliveries to
extended two-shift (20-hour) Textainer, Beacon and Capital
daily operation and actually sur- Intermodal during the past year.
To find out more about our journals visit their websites
passed the factory’s stated annual Daikin, despite the production
capability of 30,000 units. drop, has been similarly develop-
A total of 31,400 x 40ft high ing its customer base, claiming
cube reefers were produced along CAI and Textainer as new leasing
with 600 x 20ft units, with almost company customers. However, the
half of the 40ft total going to most important buyers of Daikin
THE JOURNAL OF THE GLOBAL COAL TRADE THE JOURNAL OF THE INTERNATIONAL CARGO INDUSTRY THE JOURNAL OF THE GLOBAL BULK MARKET Maersk Line in support of its lat- equipment remain Asian shipping
www.coaltransinternational.com www.worldcargonews.com www.bulkmaterialsinternational.com
est reefer fleet renewal and expan- lines, including Hanjin, HMM,
sion programme. OOCL, Yang Ming, Wan Hai, PIL
However, as indicated earlier, and NYK Line, as well as Zim and
Maersk also opted to buy several Hamburg Süd. a74
44 February 2009
Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52