AAL

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

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‘AAL BANGKOK’ delivering Chinese-made shiploader and berth replacement components to Queensland, Australia from Shanghai, China along AAL’s scheduled monthly Asia – Australia Liner Service.

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AAL CHINA CELEBRATES 25 YEAR ANNIVERSARY AMID STRONG PROJECTIONS FOR THE REGION’S TRADE AND ECONOMIC GROWTH


Singapore, Thursday 16th March 2023: In 2023, AAL Shipping (AAL), a global leader in the multipurpose project heavy lift shipping sector, celebrates the 25th anniversary of its establishment of ‘AAL China’. As China continues to see economic growth through its re-emergence from pandemic lock-down and its dual circulation policy, AAL remains committed to serving the Chinese market and multipurpose cargo stakeholders.

The carrier’s 25 years of own-operations in China have seen it establish offices and teams of shipping professionals in Beijing and Qingdao, as well as its regional headquarters in Shanghai. This development has coincided with the country’s economic rise. From 1978 to 2019, China has seen an average annual growth of 9.5 percent, almost doubling the size of its economy every eight years and becoming the second-largest economy in the world in 2011.

Jack Zhou, General Manager of AAL China, explained; “AAL started its shipping operations at the beginning of 1995, providing a breakbulk, multipurpose liner service between South-East Asia and Papua New Guinea, Queensland, and the Northern Territories of Australia. For over two decades, Shanghai has been our home port and number one for cargo calls – representing almost 18 percent of our export cargo volumes from China. Over the last decade alone, we have seen our Chinese export volumes grow by 240 percent and imports by 150 percent. During this time, we have called at Chinese ports close to 1,600 times.

“In 1998, AAL opened its first representative office in Shanghai, and we have never looked back – building a local service offering of scheduled monthly liner services and regular trade lanes that connect China with key trade partners across Asia, the Middle East, Europe, the Americas, and Oceania.”

Last year, China registered a trade surplus of USD877.6 billion, with a jump of 7 percent in exports and 1.1 percent in imports compared to 2021. During the recent pandemic, the Chinese Government further proposed an economic policy of ‘dual circulation’. This strategy supports trade growth by placing equal emphasis on expanding exports (external circulation) and increased domestic demand, which will be driven primarily by rising consumption (internal circulation).

With the world economy so dependent upon geo-political stability, China faces challenges in depending solely on exports in 2023. As a result, the Government has emphasised the need to increase domestic demand, boost market confidence, shore up its export partner relationships, and stabilise employment, growth, and prices.

Regarding 2023, institutional and market economists have varied forecasts for the size and timing of the Chinese economic rebound, but there is a very clear pattern of continuous growth. China recently set itself a 5 percent economic growth target for this year, close to the 5.2 percent predicted by Morgan Stanley, 5.2 percent by PricewaterhouseCoopers (PwC), 4.9 percent by Bloomberg, 4.9 percent by JP Morgan and 4.5 percent by the International Monetary Fund (IMF). The region’s trade surplus also grew to USD877.6 billion in 2022, with an increase in both exports and imports.

Kyriacos Panayides, Chief Executive Officer (CEO) of AAL added; “We are incredibly proud to be so well represented in China and our local team has done an outstanding job in understanding and addressing the ocean transport needs of our local customers and partners. As friend-shoring becomes a popular term among corporations in supply chain decision-making, AAL believes in maintaining a reliable local supply chain to serve the Chinese multipurpose and project heavy lift market while continuing to boost our seaborn trade volumes through the region.

“With decades of strong investment, China has transformed into a supply chain behemoth, and has so much to offer the global multipurpose cargo sector and the dynamic industries it supports, and we will continue to work closely with our local stakeholders to build our services and provide solutions for them. As AAL Shipping moves forward, it remains committed to serving the market and is optimistic about China’s economic prospects.”

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.


Download Files Here

  • 1 png AAL BANGKOK
    ‘AAL BANGKOK’ delivering Chinese-made shiploader and berth replacement components to Queensland, Australia from Shanghai, China along AAL’s scheduled monthly Asia – Australia Liner Service.
    File size: 28 MB Downloads: 7
  • 2 jpg AL PUSAN
    AL PUSA‘AAL PUSAN’ delivering FOUR Chinese-made RTGs to Oslo, Norway from Taicang, China along AAL’s regular Asia -Europe Trade Lane.
    File size: 436 KB Downloads: 6
  • 3 jpg AAL Shanghai
    ‘AAL SHANGHAI’ delivering Chinese-made wind towers in Brisbane Australia for a 181MW Windfarm in Queensland.
    File size: 599 KB Downloads: 7
  • 4 jpg Jack Zhou
    Jack Zhou, General Manager, AAL China.
    File size: 343 KB Downloads: 110
  • 5 jpg Kyriacos Panayides, AAL
    Kyriacos Panayides, Chief Executive Officer, AAL Shipping
    File size: 84 KB Downloads: 11

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AAL CHINA CELEBRATES 25 YEAR ANNIVERSARY AMID STRONG PROJECTIONS FOR THE REGION’S TRADE AND ECONOMIC GROWTH

Singapore, Thursday 16th March 2023: In 2023, AAL Shipping (AAL), a global leader in the multipurpose project heavy lift shipping sector, celebrates the 25th anniversary of its establishment of ‘AAL China’. As China continues to see economic growth through its re-emergence from pandemic lock-down and its dual circulation policy, AAL remains committed to serving the Chinese market and multipurpose cargo stakeholders.

The carrier’s 25 years of own-operations in China have seen it establish offices and teams of shipping professionals in Beijing and Qingdao, as well as its regional headquarters in Shanghai. This development has coincided with the country’s economic rise. From 1978 to 2019, China has seen an average annual growth of 9.5 percent, almost doubling the size of its economy every eight years and becoming the second-largest economy in the world in 2011.

Jack Zhou, General Manager of AAL China, explained; “AAL started its shipping operations at the beginning of 1995, providing a breakbulk, multipurpose liner service between South-East Asia and Papua New Guinea, Queensland, and the Northern Territories of Australia. For over two decades, Shanghai has been our home port and number one for cargo calls – representing almost 18 percent of our export cargo volumes from China. Over the last decade alone, we have seen our Chinese export volumes grow by 240 percent and imports by 150 percent. During this time, we have called at Chinese ports close to 1,600 times.

“In 1998, AAL opened its first representative office in Shanghai, and we have never looked back – building a local service offering of scheduled monthly liner services and regular trade lanes that connect China with key trade partners across Asia, the Middle East, Europe, the Americas, and Oceania.”

Last year, China registered a trade surplus of USD877.6 billion, with a jump of 7 percent in exports and 1.1 percent in imports compared to 2021. During the recent pandemic, the Chinese Government further proposed an economic policy of ‘dual circulation’. This strategy supports trade growth by placing equal emphasis on expanding exports (external circulation) and increased domestic demand, which will be driven primarily by rising consumption (internal circulation).

With the world economy so dependent upon geo-political stability, China faces challenges in depending solely on exports in 2023. As a result, the Government has emphasised the need to increase domestic demand, boost market confidence, shore up its export partner relationships, and stabilise employment, growth, and prices.

Regarding 2023, institutional and market economists have varied forecasts for the size and timing of the Chinese economic rebound, but there is a very clear pattern of continuous growth. China recently set itself a 5 percent economic growth target for this year, close to the 5.2 percent predicted by Morgan Stanley, 5.2 percent by PricewaterhouseCoopers (PwC), 4.9 percent by Bloomberg, 4.9 percent by JP Morgan and 4.5 percent by the International Monetary Fund (IMF). The region’s trade surplus also grew to USD877.6 billion in 2022, with an increase in both exports and imports.

Kyriacos Panayides, Chief Executive Officer (CEO) of AAL added; “We are incredibly proud to be so well represented in China and our local team has done an outstanding job in understanding and addressing the ocean transport needs of our local customers and partners. As friend-shoring becomes a popular term among corporations in supply chain decision-making, AAL believes in maintaining a reliable local supply chain to serve the Chinese multipurpose and project heavy lift market while continuing to boost our seaborn trade volumes through the region.

“With decades of strong investment, China has transformed into a supply chain behemoth, and has so much to offer the global multipurpose cargo sector and the dynamic industries it supports, and we will continue to work closely with our local stakeholders to build our services and provide solutions for them. As AAL Shipping moves forward, it remains committed to serving the market and is optimistic about China’s economic prospects.”

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.