Further fleet expansion strengthens AAL’s global services and MPV operating fleet


AAL Shipping has added further vessels to its owned multipurpose cargo vessel (MPV) fleet. This month saw the delivery of the 2010-built AAL Gunsan (ex-BBC America) following that of her sister vessel AAL Geelong (ex-BBC Valparaiso) a few months ago. The vessels are the last of four 25,800 DWT multipurpose heavy lift sisters (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 (W-Class, pictured) that had 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.”