Cosco Overtakes BBC as Largest Multipurpose Operator

(Image Courtesy: CHINADAILY Africa)

Cosco’s newbuilding programme, launched in 2013, saw the Chinese carrier overtake BBC Chartering after the delivery of six of the vessels last year. The last vessel, due for delivery in the first half of 2018, will be among the largest multipurpose vessels in the world, featuring a deadweight tonnage of 38,000.

Having reduced its fleet by 13 to 146 ships, BBC Chartering returned to second place in the ranking. Spliethoff rises to the third spot in the current ranking through the addition of five 13,000 dwt vessels on time charter, while  Thorco has seen the largest fleet reduction, with the number of ships falling by 23 units to 48 vessels, relegating the Danish company to fourth place.

As of early January 2018, the ten largest operators – by deadweight – of multipurpose/project/heavy-lift tonnage combined deployed a fleet of 460 ships with a total deadweight of 8,136,000 million tons and an aggregate lifting capability of 147,000 tons.

“It is clear that the state of the market has caused various operators to reduce their operated tonnage. Nonetheless, overall capacity has remained exactly the same in terms of ships (460 units both years),” said Dynamar. In the ranking of the top ten, Zeaborn and  PACC Line replaced Rickmers-Linie and Swire Shipping.

(Source: Heavy Lift News)

Sea News, February 19