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Issue No. 7, September 2007 - J. Lauritzen

Issue No. 7, September 2007 - J. Lauritzen

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“J. <strong>Lauritzen</strong> has enjoyed a strong partnership with NYK Reefers and<br />

a very good cooperation with our Swedish colleagues. As a part of<br />

<strong>Lauritzen</strong>’s overall strategy we decided to sell our reefer fleet in 2006,<br />

and it is therefore only natural that NYK takes over our 50% shareholding<br />

of the joint marketing company.<br />

Torben Janholt, President & CEO, J. <strong>Lauritzen</strong><br />

: JL exits the<br />

Modern reefer vessels<br />

In 1953 a new series of modern reefer<br />

vessels was ordered at the <strong>Lauritzen</strong><br />

Group’s shipyards in Elsinore and<br />

Aalborg, Denmark. Major innovations<br />

included replacing inflammable cork<br />

with glass wool as insulation material<br />

and replacing traditional wooden gratings<br />

with aluminium gratings. Diesel<br />

engines from Burmeister & Wain gave<br />

the vessels a service speed of 18 knots.<br />

The African Reefer, delivered in 1935,<br />

was J. <strong>Lauritzen</strong>’s first purpose-built<br />

reefer vessel equipped with specialised<br />

cooling machinery.<br />

In the second half of the 1950s more<br />

new vessels were ordered, and the vessels’<br />

carrying capacity was increased<br />

to almost 250,000 cbft. A noticeable<br />

change was made in their appearance<br />

as these vessels, instead of being white,<br />

were painted the same JL-red as the<br />

company’s polar vessels.<br />

Between 1968 and 1974, six sister<br />

vessels were built at Aalborg Shipyard.<br />

These were the so-called Italian reefer<br />

class, with a cargo carrying capacity of<br />

422,000 cbft. and able to make a laden<br />

speed of 22 knots.<br />

The pool concept<br />

Around 1970, a pool concept was<br />

adopted by J. <strong>Lauritzen</strong> in order to<br />

secure economies of scale through the<br />

control of a larger number of vessels<br />

from other owners. Thus a jointventure<br />

with Peninsular and Oriental<br />

Steam Navigation Company Ltd.<br />

(P&O) was established in 1971 under<br />

the name of <strong>Lauritzen</strong>-Peninsular<br />

Reefers (LPR). The company was owned<br />

on a fifty-fifty basis between JL and<br />

P&O, but vessels belonging to other<br />

reefer owners were also operated by<br />

LPR. By 1975, LPR controlled a combined<br />

fleet of some 25 reefer vessels.<br />

During this period, JL’s fleet of reefer<br />

vessels gradually expanded with bigger<br />

ships, and in the late 1970’s four sister<br />

vessels – the Asian Reefer, Balkan Reefer,<br />

Canadian Reefer, and Ecuadorian Reefer<br />

– were delivered, each with a hold<br />

capacity of 588,000 cbft. and a speed<br />

of 22 knots. The partnership existed<br />

until 1983, when P&O decided to<br />

withdraw. Consequently, JL became<br />

the sole owner of LPR and the company<br />

name was changed to <strong>Lauritzen</strong><br />

Reefers.<br />

After 1983, the <strong>Lauritzen</strong> Reefers’<br />

pool was gradually developed, including<br />

JL’s reefer vessels as well as vessels<br />

belonging to other reefer owners. JL<br />

contributed the majority of the vessels<br />

employed in the pool, which in the<br />

beginning of the 1990’s comprised<br />

about 65 specialised reefer vessels.<br />

JL/LR became a market leader with<br />

regards to trade development as well as<br />

technological innovation. An example<br />

of trend-setting technological innovation<br />

was the development of the Family<br />

11

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