Skip to main content

NEW OWNERSHIP : NYKCool goes Russian

One of the most famous names in reefer shipping is to be revived following what appears to be a Russian takeover of NYKCool.

Will a new paint job be required?

NYKCool announced it was to be acquired by Baltic Reefers today but gave only limited information about the deal.

The deal takes effect from the start of September but quite what impact it will have on the operation of NYKCool’s 25 vessel fleet is unclear.

NYKCool chief executive Boris Gersling says there is going to be a change of name to Cool Carriers but there are no plans to integrate the two operations.

“Cool Carriers will continue its commercial operation unchanged and operate independently from Baltic Reefers. The new ownership situation, with an owner focusing on the specialized reefer segment, gives Cool Carriers a good opportunity to further prosper in this segment,” 
Gersling said in an e-mailed announcement.

The news was revealed as NYKCool closed its Stockholm head office with chief executive Boris Gersling not responding to calls to his mobile phone.

There is no indication of how much Baltic Reefers, a leading Russian player in the reefer market, is paying to buy out the ownership interest of Japanese shipping giant NYK.

The NYKCool fleet consists of vessels of between 420,000 cbft 60,000 cbft with most having container and controlled atmosphere capabilities. There is no information on whether vessel ownership is changing as part of the acquisition.

Keeping the two operations separate may sidestep competition regulators interest in the deal but raises the question of how any commercial benefits is to be achieved.

Gersling who has been chief executive of NYKCool since 2009 said he will continue in this position under the new ownership as would the rest of the team.

“In short it´s business as usual, but under new ownership”, 
he added in the e-mail.

Gersling is a former Lauritzen executive who joined the company after the Danish group bought ownership of Cool Carriers for more than $35m in 2000.

The company was renamed LauritzenCool with the business becoming NYKCool after the Japanese shipping group became first a 50:50 partner and then full owner of the reefer business.

Cool Carriers was originally part of the business empire of Sven Salen, once the biggest Swedish shipowner.

Popular posts from this blog


While "Flavor" is very subjective, and each country that grows mangoes is very nationalistic, these are the mango varieties that are the most sought after around the world because of sweetnesss (Brix) and demand.

The Chaunsa has a Brix rating in the 22 degree level which is unheard of!
Carabao claims to be the sweetest mango in the world and was able to register this in the Guiness book of world records.
Perhaps it is time for a GLOBAL taste test ???

In alphabetical order by Country....



Alphonso (mango)
From Wikipedia, the free encyclopedia

Alphonso (हापुस Haapoos in Marathi, હાફુસ in Gujarati, ಆಪೂಸ್ Aapoos in Kannada) is a mango cultivar that is considered by many[who?] to be one of the best in terms of sweetness, richness and flavor. 

It has considerable shelf life of a week after it is ripe making it exportable. 

It is also one of the most expensive kinds of mango and is grown mainly in Kokan region of western India.

 It is in season April through May and the fruit wei…

Mangoes date back 65 million years according to research ...

Experts at the Birbal Sahni Institute of Palaeobotany (BSIP) here have traced the origin of mango to the hills of Meghalaya, India from a 65 million year-old fossil of a mango leaf. 

The earlier fossil records of mango (Mangifera indica) from the Northeast and elsewhere were 25 to 30 million years old. The 'carbonized leaf fossil' from Damalgiri area of Meghalaya hills, believed to be a mango tree from the peninsular India, was found by Dr R. C. Mehrotra, senior scientist, BSIP and his colleagues. 

After careful analysis of the fossil of the mango leaf and leaves of modern plants, the BISP scientist found many of the fossil leaf characters to be similar to mangifera.

An extensive study of the anatomy and morphology of several modern-day species of the genus mangifera with the fossil samples had reinforced the concept that its centre of origin is Northeast India, from where it spread into neighbouring areas, says Dr. Mehrotra. 

The genus is believed to have disseminated into neighb…

DHL (INDIA) makes gifting mangoes as easy as 1-2-3-....

Gifting mangoes is now easy with DHL
Announcement / Corporate

 May 19, 2011, 14:04 IST

Come this summer pamper your loved ones abroad with a box of delicious mangoes through DHL’s Express Easy Mango service, a unique one-stop-shop and hassle-free service for gifting mangoes all across the world.

This unique service by DHL Express, the world’s leading express company, allows customers to send mangoes from India across the world to the following countries Belgium, Canada, Czech Republic, Germany, Greece, Hungary, Hong Kong, Italy, Luxemburg, Maldives, Netherlands, Norway, Oman, Qatar Singapore, Switzerland and Sweden.

Mangoes can be availed of free of cost by merely paying for the Air Express service. In addition, DHL Express assists customers with the necessary paperwork along with procurement of quality-grade Alphonso mangoes.

Commenting on the new service, Mr. R.S Subramanian, Country Head, DHL Express India said: “With the advent of the mango season, it is no wonder that DHL Express Ea…