Maiden call of Eimskip's new vessel, Lagarfoss, at Reykjavík

Sunday, August 17, 2014

The 875 TEU container vessel Lagarfoss, the newest addition to the Eimskip fleet, will make its maiden call to the port of Reykjavík on Sunday 17 August at 15:30.

On 24 June, the container vessel was delivered in China to her Captain, Mr. Gudmundur Haraldsson, and his crew of 11 Icelanders.

The vessel's deadweight is 12,200 tons, the length overall is 140.7 meters and the beam is 23.2 meters. The vessel is geared with two 45 ton container cranes and is therefore well suited for transport in Eimskip's market area in the North Atlantic. The Lagarfoss is equipped with powerful bow and stern thrusters and has ice class 1A along with plugs for 230 refrigerated containers.

The Lagarfoss will replace the vessel Selfoss on the Yellow Line, which sails between Grundartangi, Reykjavík and the Westman Islands in Iceland, Torshavn in the Faroe Islands, Immingham in the UK, Hamburg and Rotterdam. The new vessel gives the opportunity of adding Vlissingen in the Netherlands as a port of call, among other to better serve Nordural in Grundartangi (Century Aluminum), which is one of Eimskip's largest customers.

The Lagarfoss is Eimskip's seventh vessel with this name. Lagarfoss I was the company's third vessel and was in the company's operation from 1917 to 1949.

Gylfi Sigfússon, President and CEO
This investment underlines the commitment of Eimskip to the trade between Iceland, the Faroe Islands, the UK and Northern Europe. The new vessel is specialized and well equipped for conditions in the North Atlantic and will strengthen the services to our customers. The vessel is also more cost-efficient and environmentally safe. The Yellow Line is very time sensitive due to the perishable nature of our cargoes. We have weekly volumes of fresh fish that are delivered to local fish markets along with increasing tonnages of fresh fish that are transported by road to Europe and also by air to USA and China.

This is a very welcome and positive development for Eimskip in our centenary year. Negotiations on the delivery of the second vessel are ongoing with expected conclusion in the third quarter, but delivery will not be made until 2015.
Lagarfoss will formally be named on Sunday 17 August at 15:30 at Midbakki in the harbor of Reykjavík and I would like to encourage everyone to participate in celebrating the arrival of the new vessel.

About Eimskip
Eimskip runs a network of 51 offices in 19 countries and operates 16 vessels. Total number of employees is around 1,400, of which about 800 are located in Iceland. Approximately half of Eimskip's operating revenue comes from operations outside Iceland. The company's vision is to provide outstanding transportation services through a dependable transport system in the North Atlantic, as well as offering an extensive worldwide network of reefer logistics services.

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