Latest news from Heavy Lift & Project Forwarding International Magazine

AAL adds four MPVs

Singapore-headquartered carrier AAL will add 133,000 dwt of multipurpose tonnage to its fleet.

One of AAL's existing fleet of 'W-Class’ vessels - Warnow Jupiter - transporting a consignment of 131 m long wind turbine towers from China to Sweden.

Kyriacos Panayides, managing director of AAL, said that four W-class ships (built 2010-2011, 33,000 dwt approx.) brings the company’s operated tonnage to approximately 740,000 dwt.
 
These additions, the first of which will be delivered this month, are sister ships to tonnage AAL already operates and are ideally suited for the carriage of project and bulk cargoes. The final ship will be delivered in November, bringing AAL’s W-class fleet to nine.
 
“These additions will help us to increase our frequency and presence in the trades that we are serving. These are: Oceania, intra-Asia, Asia, Middle East and Europe, and Asia-US Gulf,” said Panayides.
 
He added that the deal is great news for AAL as its existing partners have entrusted the carrier with more tonnage. It also aligns with the carrier’s ambition of sustainable growth with tonnage that meets its purposes. At the same time, AAL’s A-class, S-class and G-class vessels will continue to deliver heavy lift services worldwide.
 
The addition of new capacity comes at a time when there are more promising prospects for the multipurpose shipping sector.
 
“We have seen some spikes now and we are a little more optimistic than in recent times,” said Panayides. "In 2020, we should see more activity in the project industry – something that we have been waiting for.
 
“We have been involved in the budgetary processes of these projects so hopefully they will come along in 2020 as planned, and this will create a bit more demand on the project side.”
 
www.aalshipping.com

Heavy Lift | News

Zuchowski joins Pintsch Bubenzer thumbnail image

Zuchowski joins Pintsch Bubenzer

February 24 - Pintsch Bubenzer USA has named Mike Zuchowski regional sales manager for ports in the western region of the USA and Canada.
Views: 257
West P&I to acquire NMI stake thumbnail image

West P&I to acquire NMI stake

February 24 - West of England P&I Club has signed an agreement to acquire a significant stake in Nordic Marine Insurance (NMI).
Views: 310
Buckner boosts training programme thumbnail image

Buckner boosts training programme

February 24 - Buckner Heavylift Cranes has added ITI Online's library of courses to supplement its monthly safety training curriculum.
Views: 499

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.