AAL
AAL is a global multipurpose shipping operator that serves the breakbulk, heavy lift, and project cargo industry.
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FURTHER FLEET EXPANSION STRENGTHENS AAL’S GLOBAL SERVICES AND DELIVERS 90 PERCENT CONTROL OF ITS MPV OPERATING FLEET
Singapore, Wednesday 12th October 2022: AAL Shipping (AAL) has added further vessels to its owned multipurpose cargo vessel (MPV) fleet. This month saw the delivery of the 2010 ‘AAL Gunsan’ (ex-BBC America) and her sister vessel, the 2009 ‘AAL Geelong’ (ex-BBC Valparaiso) – the latter taken a few months ago. These are the last of four 25,800 deadweight (DWT) multipurpose heavy lift sister vessels (classified by AAL as G-class) secured through an acquisition transaction penned back in 2021 by AAL / Schoeller Holdings Group.
During the summer, the AAL / Schoeller Holdings Group further acquired the ‘AAL Moon’ – a 33,000 DWT multipurpose vessel built in 2010 (classified by AAL as W-Class) and having previously served within the AAL fleet under commercial management since 2017.
Kyriacos Panayides, Chief Executive Officer (CEO), AAL, explained, “These acquisitions are perfectly in line with our continued fleet strategy to employ large MPVs which, through their significant cargo intake volumes, offer our shippers greater economies of scale on every sailing. Indeed, AAL is one of the leading ‘large tonnage’ MPV operators in the market.”
He added, “They also expand our multipurpose operating fleet to 864,800 DWT, of which 90 percent is now fully controlled by AAL / Schoeller Holdings Group. This authority that AAL has over its operating fleet is important to the long-term sustainable expansion and deployment of our vessels; the strengthening of our global service model; and the frequency and flexibility demanded by our diverse global customer base. The vessels are being positioned across the world, in service of our monthly liner, regular trade lane, and tramp chartering operations.”
Despite a challenging 18 months of global market upheaval due to COVID, the container boom, and geo-political unrest, AAL has remained steadfast in support of its traditional breakbulk and multipurpose cargo customers – adding tonnage to, and improving frequency on, its core global trade lanes between the Americas, Africa, Europe, Middle East, India, Asia, and Oceania.
In 2022, AAL has been recognised for its service by the multipurpose shipping community through two prestigious global carrier awards: ‘Ship Operator of the Year 2022’ at the Heavy Lift Awards and ‘Best Shipping Line – Project Cargo’ at the AFLAS Awards.
About AAL Shipping
AAL is a leading premium project heavy lift carrier, focused on long-haul project cargo solutions for majors within a wide range of dynamic industry sectors, including oil & gas, mining, energy, construction, and agriculture.
Highly awarded for its services and with over 28 years’ experience, AAL employs heavy lift MPVs with superior cargo intake and heavy-lift capability (max 700mt), offering shippers economies of scale on every sailing. With a sterling reputation for safety, reliability, and customer service, AAL is committed to transparency in its ESG activities and to being as sustainable as possible across all operations, land and sea.
Today, AAL owns and controls the majority of its operating fleet, one of the MPP sector’s largest and youngest, enabling its teams to develop sailings and solutions that best suit customer demands. Its vessels carry any cargo from project heavy lift, breakbulk and dry bulk commodities to general cargo – and all at the same time.
A significant percentage of the AAL fleet is employed across AAL’s monthly Liner Services and regular Trade Lane Services, the latter affording greater port call and scheduling flexibility. These services connect Oceania with Asia, India, Middle East, Europe, and the Americas.
The rest of the fleet delivers worldwide Tramp Chartering Solutions: tailormade sailings for project stakeholders, offered either on a single sailing or on a longer-term basis.
The fleet currently comprises 30 MPP heavy lift vessels and includes its six newbuildings, the ‘Super B-Class’, which will be operational from June 2024.
With 11 representative offices on four continents, AAL’s team combines over 25 different nationalities and 35 spoken languages, ensuring a local 24/7 service in key trading hubs and supporting major trade lanes worldwide.
For further information on AAL and its services, visit www.aalshipping.com or email marketing@aalshipping.com.
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FURTHER FLEET EXPANSION STRENGTHENS AAL’S GLOBAL SERVICES AND DELIVERS 90 PERCENT CONTROL OF ITS MPV OPERATING FLEET
Singapore, Wednesday 12th October 2022: AAL Shipping (AAL) has added further vessels to its owned multipurpose cargo vessel (MPV) fleet. This month saw the delivery of the 2010 ‘AAL Gunsan’ (ex-BBC America) and her sister vessel, the 2009 ‘AAL Geelong’ (ex-BBC Valparaiso) – the latter taken a few months ago. These are the last of four 25,800 deadweight (DWT) multipurpose heavy lift sister vessels (classified by AAL as G-class) secured through an acquisition transaction penned back in 2021 by AAL / Schoeller Holdings Group.
During the summer, the AAL / Schoeller Holdings Group further acquired the ‘AAL Moon’ – a 33,000 DWT multipurpose vessel built in 2010 (classified by AAL as W-Class) and having previously served within the AAL fleet under commercial management since 2017.
Kyriacos Panayides, Chief Executive Officer (CEO), AAL, explained, “These acquisitions are perfectly in line with our continued fleet strategy to employ large MPVs which, through their significant cargo intake volumes, offer our shippers greater economies of scale on every sailing. Indeed, AAL is one of the leading ‘large tonnage’ MPV operators in the market.”
He added, “They also expand our multipurpose operating fleet to 864,800 DWT, of which 90 percent is now fully controlled by AAL / Schoeller Holdings Group. This authority that AAL has over its operating fleet is important to the long-term sustainable expansion and deployment of our vessels; the strengthening of our global service model; and the frequency and flexibility demanded by our diverse global customer base. The vessels are being positioned across the world, in service of our monthly liner, regular trade lane, and tramp chartering operations.”
Despite a challenging 18 months of global market upheaval due to COVID, the container boom, and geo-political unrest, AAL has remained steadfast in support of its traditional breakbulk and multipurpose cargo customers – adding tonnage to, and improving frequency on, its core global trade lanes between the Americas, Africa, Europe, Middle East, India, Asia, and Oceania.
In 2022, AAL has been recognised for its service by the multipurpose shipping community through two prestigious global carrier awards: ‘Ship Operator of the Year 2022’ at the Heavy Lift Awards and ‘Best Shipping Line – Project Cargo’ at the AFLAS Awards.
Latest from AAL
About AAL Shipping
AAL is a leading premium project heavy lift carrier, focused on long-haul project cargo solutions for majors within a wide range of dynamic industry sectors, including oil & gas, mining, energy, construction, and agriculture.
Highly awarded for its services and with over 28 years’ experience, AAL employs heavy lift MPVs with superior cargo intake and heavy-lift capability (max 700mt), offering shippers economies of scale on every sailing. With a sterling reputation for safety, reliability, and customer service, AAL is committed to transparency in its ESG activities and to being as sustainable as possible across all operations, land and sea.
Today, AAL owns and controls the majority of its operating fleet, one of the MPP sector’s largest and youngest, enabling its teams to develop sailings and solutions that best suit customer demands. Its vessels carry any cargo from project heavy lift, breakbulk and dry bulk commodities to general cargo – and all at the same time.
A significant percentage of the AAL fleet is employed across AAL’s monthly Liner Services and regular Trade Lane Services, the latter affording greater port call and scheduling flexibility. These services connect Oceania with Asia, India, Middle East, Europe, and the Americas.
The rest of the fleet delivers worldwide Tramp Chartering Solutions: tailormade sailings for project stakeholders, offered either on a single sailing or on a longer-term basis.
The fleet currently comprises 30 MPP heavy lift vessels and includes its six newbuildings, the ‘Super B-Class’, which will be operational from June 2024.
With 11 representative offices on four continents, AAL’s team combines over 25 different nationalities and 35 spoken languages, ensuring a local 24/7 service in key trading hubs and supporting major trade lanes worldwide.
For further information on AAL and its services, visit www.aalshipping.com or email marketing@aalshipping.com.
Follow us on Facebook, LinkedIn, Twitter, Instagram, and YouTube.