AAL

AAL is a global multipurpose shipping operator that serves the breakbulk, heavy lift, and project cargo industry.

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AAL ACQUIRES 66,000 DEADWEIGHT MPP TONNAGE FROM THE GLOBAL FLEET AND ANNOUNCES NEWBUILDING OF AN ADDITIONAL 128,000 DEADWEIGHT


Singapore, Tuesday 26th October 2021Specialist heavy lift project carrier, AAL Shipping (AAL) has acquired two heavy lift ‘mega-size’ 33,000dwt W-Class multipurpose vessels (MPVs) from the second-hand market, the ‘AAL Mars’ and the ‘AAL Merkur’. The vessels have been serving within the Carrier’s operating fleet worldwide on a commercial management basis. Along with four other acquisitions made by AAL over the past eight months – comprising two heavy lift G-Class MPVs (25,800dwt each) the ‘AAL Galveston’ and ‘AAL Genoa’ and two ‘mega size’ W-class MPVs (33,000dwt each) the ‘AAL Paris’ and ‘Grey Fox’ – these vessels have helped to grow AAL’s owned fleet to 569,600dwt and render the carrier control of 80 percent of its current 711,200dwt operating fleet.

AAL has also announced the progress of its ‘third-generation’ multipurpose (MPP) ship building programme. This will see AAL add a minimum of four mega-size heavy lift MPP vessels to its fleet – ‘premium heavy lift carriers’ featuring innovative design, heavy lifting gear, and optimised MPP cargo intake, and handling capability. They will each be 32,000dwt, with three heavy lift cranes (350t each and 700t maximum lift) and fully compliant with forthcoming IMO CO2 emissions regulations. The vessels will also feature other new technologies in line with AAL’s digitalisation and sustainability objectives.

Kyriacos Panayides, Managing Director of AAL, explained, “We have been planning our third generation building programme for several years now, patiently waiting until such time that market forecasts and projected cargo demand within key customer verticals proved sustainable for this kind of investment. AAL drew upon 26 years of multipurpose heavy lift operational experience to design innovative vessels that would not only accommodate all today’s multipurpose cargo types, but also handle the growing size of project cargo components being planned for key industry verticals like wind. The newbuilds will be deployed in support of our customers’ large-scale global projects both on our regular monthly trade routes between the Americas, Europe, Middle East, and Asia and our bespoke tramp solutions worldwide.”

He concluded, “In 2021, the MPP shipping sector has experienced phenomenal growth, despite still operating in the throes of the global COVID-19 pandemic and severe port congestion. As a project heavy lift cargo specialist, AAL continues to prioritise breakbulk and project cargoes and servicing the needs of our traditional and long-term customers. This fleet development strategy not only builds our capacity on core trade routes between the Americas, Europe, Middle East, Asia, and Oceania in support of these customers, but also gives AAL greater decision-making control of our fleet going forward.”

About AAL Shipping

AAL Shipping (AAL) is a highly awarded breakbulk and project heavy lift carrier with over 25 years’ experience creating and delivering competitive solutions for the world’s most dynamic industry sectors including oil & gas, mining, energy, construction, and agriculture. It is one of the multipurpose shipping sector’s top carriers by total fleet DWT and has a sterling reputation for safety, trust, and customer service.

AAL operates regular sailings on key trade lanes, comprising scheduled monthly liner services connecting Europe, Middle East, Asia and Oceania, frequent sailings through the Americas and tramp chartering solutions to any compass point. We carry all cargo types including project heavy lift, breakbulk, steel, containers and dry bulk commodities – large and small.

We operate one of the sector’s youngest and largest fleets of modern MPP heavy lift vessels. These are designed to load and carry any cargo and at the same time. The fleet comprises a variety of size classes that combine strong heavy-lift capability (700 t max and significant cargo intake volumes (40,000 cbm max). AAL spearheads the ‘mega-size’ MPV segment, with a range of 30,000dwt + tonnage that offer our shippers highly competitive economies of scale on each sailing.

With 11 representative offices on four continents, AAL’s team comprises over 25 different nationalities and 35 spoken languages, ensuring a local 24/7 service in key trading hubs and in support of major trade lanes globally.

For further information on AAL and its services, visit www.aalshipping.com or email marketing@aalshipping.com

Follow us on FacebookLinkedInTwitterInstagram, and YouTube.


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  • 1 jpg Warnow Merkur
    AAL Shipping has purchased the 'AAL Mars' and the 'AAL Merkur', two heavy lift 'mega-size' 33,000dwt W-Class multipurpose vessels (MPVs) from the second-hand market.
    File size: 342 KB Downloads: 20
  • 2 jpg Warnow Mars
    AAL Shipping has purchased the 'AAL Mars' and the 'AAL Merkur', two heavy lift 'mega-size' 33,000dwt W-Class multipurpose vessels (MPVs) from the second-hand market.
    File size: 530 KB Downloads: 17
  • 3 jpg W-Class (at sail)
    An AAL W-Class vessel at sail carrying project cargo.
    File size: 808 KB Downloads: 16
  • 4 jpg Kyriacos Panayides, AAL
    Kyriacos Panayides, Managing Director, AAL
    File size: 84 KB Downloads: 81
  • 5 png AAL Logo
    File size: 133 KB Downloads: 140

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AAL ACQUIRES 66,000 DEADWEIGHT MPP TONNAGE FROM THE GLOBAL FLEET AND ANNOUNCES NEWBUILDING OF AN ADDITIONAL 128,000 DEADWEIGHT

Singapore, Tuesday 26th October 2021: Specialist heavy lift project carrier, AAL Shipping (AAL) has acquired two heavy lift ‘mega-size’ 33,000dwt W-Class multipurpose vessels (MPVs) from the second-hand market, the ‘AAL Mars’ and the ‘AAL Merkur’. The vessels have been serving within the Carrier’s operating fleet worldwide on a commercial management basis. Along with four other acquisitions made by AAL over the past eight months – comprising two heavy lift G-Class MPVs (25,800dwt each) the ‘AAL Galveston’ and ‘AAL Genoa’ and two ‘mega size’ W-class MPVs (33,000dwt each) the ‘AAL Paris’ and ‘Grey Fox’ – these vessels have helped to grow AAL’s owned fleet to 569,600dwt and render the carrier control of 80 percent of its current 711,200dwt operating fleet.

AAL has also announced the progress of its ‘third-generation’ multipurpose (MPP) ship building programme. This will see AAL add a minimum of four mega-size heavy lift MPP vessels to its fleet – ‘premium heavy lift carriers’ featuring innovative design, heavy lifting gear, and optimised MPP cargo intake, and handling capability. They will each be 32,000dwt, with three heavy lift cranes (350t each and 700t maximum lift) and fully compliant with forthcoming IMO CO2 emissions regulations. The vessels will also feature other new technologies in line with AAL’s digitalisation and sustainability objectives.

Kyriacos Panayides, Managing Director of AAL, explained, “We have been planning our third generation building programme for several years now, patiently waiting until such time that market forecasts and projected cargo demand within key customer verticals proved sustainable for this kind of investment. AAL drew upon 26 years of multipurpose heavy lift operational experience to design innovative vessels that would not only accommodate all today’s multipurpose cargo types, but also handle the growing size of project cargo components being planned for key industry verticals like wind. The newbuilds will be deployed in support of our customers’ large-scale global projects both on our regular monthly trade routes between the Americas, Europe, Middle East, and Asia and our bespoke tramp solutions worldwide.”

He concluded, “In 2021, the MPP shipping sector has experienced phenomenal growth, despite still operating in the throes of the global COVID-19 pandemic and severe port congestion. As a project heavy lift cargo specialist, AAL continues to prioritise breakbulk and project cargoes and servicing the needs of our traditional and long-term customers. This fleet development strategy not only builds our capacity on core trade routes between the Americas, Europe, Middle East, Asia, and Oceania in support of these customers, but also gives AAL greater decision-making control of our fleet going forward.”

About AAL Shipping

AAL Shipping (AAL) is a highly awarded breakbulk and project heavy lift carrier with over 25 years’ experience creating and delivering competitive solutions for the world’s most dynamic industry sectors including oil & gas, mining, energy, construction, and agriculture. It is one of the multipurpose shipping sector’s top carriers by total fleet DWT and has a sterling reputation for safety, trust, and customer service.

AAL operates regular sailings on key trade lanes, comprising scheduled monthly liner services connecting Europe, Middle East, Asia and Oceania, frequent sailings through the Americas and tramp chartering solutions to any compass point. We carry all cargo types including project heavy lift, breakbulk, steel, containers and dry bulk commodities – large and small.

We operate one of the sector’s youngest and largest fleets of modern MPP heavy lift vessels. These are designed to load and carry any cargo and at the same time. The fleet comprises a variety of size classes that combine strong heavy-lift capability (700 t max and significant cargo intake volumes (40,000 cbm max). AAL spearheads the ‘mega-size’ MPV segment, with a range of 30,000dwt + tonnage that offer our shippers highly competitive economies of scale on each sailing.

With 11 representative offices on four continents, AAL’s team comprises over 25 different nationalities and 35 spoken languages, ensuring a local 24/7 service in key trading hubs and in support of major trade lanes globally.

For further information on AAL and its services, visit www.aalshipping.com or email marketing@aalshipping.com

Follow us on FacebookLinkedInTwitterInstagram, and YouTube.