Seatrade adds more reefer newbuilds in China

Seatrade has added two more ships to the four reefers it already has on order at China’s Huanghai Shipyard. All ships will deliver by 2025 and will focus on the Latin American trades.

The quick vessels are equipped with over 600 reefer plugs and geared with 40-ton cranes and form part of the company’s fast, direct and dedicated (FDD) concept which Seatrade has been developing in recent years. . 

“Transit times and associated indirect costs are increasing on services operated by larger container lines and there remains a clear demand for FDD services operated by specialised reefers, specialised containers vessels and hybrid vessels going forward,” said Yntze Buitenwerf, chairman of Seatrade.

The company stated in a release it is also seeking opportunities to increase its fleet with further acquisitions of newbuildings and/or modern secondhand tonnage, combined with possible strategic alliances with customer groups and/or third-party owners in the same segment.

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