GLOBAL NEWS & EVENTS

Seaboard Marine Adds MAGNUM® to its Fleet

Belgium (December 16, 2008) - Ocean transportation company Seaboard Marine recently joined Thermo King's MAGNUM® container reefer customer list, adding 200 units to its fleet in mid-November 2008. A wholly-owned subsidiary of Seaboard Corporation, Seaboard Marine was established in 1983 and provides direct, regular service between the United States and the Caribbean Basin, Central and South America.

The units were delivered to Seaboard Marine's primary operation site in the Port of Miami. "We're excited to add MAGNUM to our growing fleet of equipment," said Clyde Wingate, manager of refrigeration services, Seaboard Marine. "The proven performance capabilities of this container reefer will compliment our commitment to meeting customer needs and delivering dependable service. The MAGNUM is the latest in our dedication to incorporating state-of-the-art technology into our operations."

Seaboard's fleet consists of 44 vessels and over 50,000 dry, refrigerated, specialized containers, and related equipment. The company provides cargo shipping service between the United States and over 25 countries and nearly 40 ports. A network of offices throughout the Caribbean Basin and Latin America maximize fleet utilization for both northbound and southbound cargo to and from the countries it serves.

Thermo King's MAGNUM unit was introduced to the container shipping industry in 2002 and addressed topics that were, perhaps, a bit ahead of the mainstream. With digital scroll compressor and combined with the world's most popular transport refrigerant, R-404A, the MAGNUM offered the greatest cooling capacity available along with reduced power consumption for energy efficiency and environmental responsibility.

"These cost-saving and environmental benefits were not fully realized by the industry until the past couple years," said Nora Beckjord, sales director, Americas, Thermo King Global Marine Solutions. "Today, more than ever, the MAGNUM is helping our customers ride out tough economic times and meet growing environmental mandates. It's exciting to have, not only, the technology, but the pioneering experience, to offer customers, such as Seaboard Marine, as they navigate through the industry challenges of today."

More information about Seaboard Marine can be found at www.seaboardmarine.com. Details on the MAGNUM container reefer can be found at www.thermoking.com.

Thermo King is the global leader in solutions for temperature-controlled transport, supplying the world market from 11 production facilities and over 800 distributors world-wide. The company offers a wide range of refrigeration and heating units for vehicles of all sizes, from small vans to large trailers, as well as airborne and ocean-going containers. In addition Thermo King provides heating, ventilation and air-conditioning equipment for passenger buses and railcars.

Thermo King also offers service maintenance programmes and finance solutions, as well as a range of accessories, temperature monitoring, and tracking equipment. For more information on Thermo King's products and services please visit www.thermoking.com.

Thermo King is a business unit of leading diversified industrial company Ingersoll Rand, a global provider of products, services, and integrated solutions to industries as diverse as transportation, manufacturing, construction and agriculture. Further information on Ingersoll Rand can be found on the company's website at www.irco.com.


Thermo King Corporation, a business unit of diversified industrial firm Ingersoll Rand Company Limited, was founded in 1938 and manufactures transport temperature control systems for a variety of mobile applications, including trailers, truck bodies, buses, shipboard containers and railway cars. The company operates 10 manufacturing facilities and 17 parts distribution centers worldwide. Sales and service is provided by a global dealer network of 865 independently owned companies in 75 countries.


Contact:
Bram Robichez, Thermo King Corporation
32 2714 5711
Bram Robichez

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