Tuesday, June 26, 2007
Conforce International (CFRI) new field trial
CFRI (combined links) got another field trial order. The last container field trial was with a very minor player, Oceanex here back in March. They also got a field trial for a highway trailer product in May.
As far as this latest field trial goes, it's Hamburg Süd for the container firm H. Grosse GMBH.
I'd say this is good news, but I expect dilution if these field trials are successful, despite what CFRI says. But I don't mind.
As far as this latest field trial goes, it's Hamburg Süd for the container firm H. Grosse GMBH.
H. Grosse GMBH was founded in 1964 and has provided over 1 million twenty-foot equivalent units (TEU's) to the shipping container industry [the total produced worldwide is 21 million per year, so this is a small provider]. Hamburg Süd was founded in 1871. It currently operates over 135 container ships, freighters, bulk carriers, tankers and refrigerated vessels and maintains a fleet of over 235,000 shipping containers. With over 4,000 employees and 200 offices worldwide, Hamburg Süd is considered to be one of the most modern and efficient fleets in the industry.Field testing starts in August. First feedback within 30 days of first sailing.
I'd say this is good news, but I expect dilution if these field trials are successful, despite what CFRI says. But I don't mind.
// posted by Bruce @ 8:23 PM 
