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Last updated on April 17, 2014 at 1:21 EDT

Star Cool Number 100,000

May 31, 2012

TINGLEV, Denmark, May 31, 2012 /PRNewswire/ –

Milestone reefer rolls off Maersk production line after almost exponential sales
growth.

Maersk Container Industry (MCI) has produced its Star Cool refrigeration container
number 100,000, reflecting unabated demand for frozen and chilled foods and an acute need
for energy savings in global transportation.

(Logo:
http://photos.prnewswire.com/prnh/20120531/537201 )

Star Cool number 50,000 came off the production line for Hanjin Shipping just over a
year ago.

“Our focus on energy savings was clearly the right way to go. Bunker fuel prices have
more than doubled since 2005 so we can help customers offset part of the additional bunker
cost,” says Soren Leth Johannsen, chief commercial officer at MCI.

Jan Esbech, a key customer and global head of equipment at Maersk Line, says: “At the
moment Star Cool has the best combination of price, energy efficiency and maintenance. We
are not at all surprised that Star Cool number 100,000 has been produced. We know this is
to a large degree attributable to the innovation and technological development that takes
place at MCI.”

The leasing company CAI International is also happy.

“CAI has during the last years successfully expanded its fleet of Star Cool units, and
by now we are so confident in the market acceptance that we recently placed an order for
500 Integrated Star Cool units on speculation,” says Danny Hallahan, senior vice
president, global marketing, CAI International.

At Tinglev, Denmark, MCI continues its research and development.

“We have more innovation on the way to make global trade ever more efficient. MCI’s
controlled atmosphere, for example, now lets customers increase transportation time in
some cases from 30 to 45 days without compromising quality,” says Johannsen.

Danny Hallahan adds: “As a leasing company we are naturally very happy to see Star
Cool number 100,000 produced, but moreover we are excited to register the growing number
of container lines using Star Cool in their reefer fleet.”

Facts:
MCI has 6,000 employees worldwide and is headquartered in Tinglev, Denmark, home to global
sales and R&D. Production takes place at factories in Qingdao, Dongguan, and Huidong,
China, and by 2014 in San Antonio, Chile. In 2011, MCI constructed 41,000 reefer
containers, 37,000 reefer machines and 200,000 TEU dry containers. MCI revenue was USD
1.2bn (2010: USD 0.7bn). Profit was USD 69m (2010: USD 41m), and ROIC 33.1% (2010: 20.6%).
MCI is a business unit in the A.P. Moller – Maersk Group (http://www.maersk.com).


    Photo: 

http://photos.prnewswire.com/prnh/20120531/537201

SOURCE Maersk Container Industry AS


Source: PR Newswire