Company will take delivery of four new vessels with high reefer capacity in October 2023

Seatrade has agreed to acquire four high-specification container vessel new-buildings of 1,800 TEU.

Seatrade

Seatrade

Each eco-designed vessel is equipped with a high reefer capacity that equates to approximately 13,000 pallets.

They are scheduled for delivery from the Huanghai Shipyard located in Shandong Province, China from October 2023.

Seatrade said the acquisition represents another significant step in its commitment to further develop its services and logistical systems dedicated to the transportation of perishable goods.

The order is part of a larger new-building programme which started before the pandemic period and involves vessels of similar type and capacity.

The new specialised reefer-container vessels will be employed in current and newly developed trades and will form an integrated part of the FDD (Fast, Direct & Dedicated) concept developed by Seatrade 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.

Seatrade said it continues to improve and customise the FDD transportation and logistics solutions in niche trades that offer shorter delivery times, providing sustainability and flexibility in seasonal volume fluctuations and service ports with dedicated infrastructure.

The company is also seeking opportunities to increase its fleet with further acquisitions of new-buildings and/or modern second-hand tonnage, combined with possible strategic alliances with customer groups and/or third-party owners in the same segment.

“This latest development is evidence of our long-term commitment to the industry; enabling the company and its worldwide network of dedicated offices to further improve service levels to its customers and partners in the years to come,” Seatrade said.