04-06 November 2025

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Newbuilds in the offing for AAL Shipping

AAL Shipping has confirmed that it will boost its fleet with several newbuildings and additional second-hand tonnage.

Kyriacos Panayides, managing director at AAL Shipping, said that the carrier will enhance its fleet with at least four newbuild, mega-size multipurpose vessels.  

The 32,200 dwt units, which have been designed and developed in cooperation with Columbia Shipmanagement, are destined to hit the water in 2024.   

Panayides said AAL Shipping completed its most-recent newbuilding programme seven years ago, and he welcomed the turn in fortunes seen for multipurpose operators over the past year. Nevertheless, the new additions, he said, “are still in line with what we had planned a long time ago. We are not being opportunistic”. Meetings regarding the newbuilds began in November 2020, and a design was in place as early as August 2020.  

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Source: Heavyliftpfi.com

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