Singapore: Today sees the publication of Maritime CEO’s second annual Rich List. The survey, held in association with online pricing platform VesselsValue.com, identifies the world’s most valuable owned fleets.
Jumping four places into top spot this year was Japan’s Mitsui OSK Lines, kocking Denmark’s AP Moller-Maersk into second spot.
The report identifies fleet values, numbers and total deadweights for the world’s top 50 shipowners including newbuilds. It also highlights year-on-year changes in the fleets.
Unsurprisingly, this year’s biggest falls have been in dry bulk fleets, while those in the tanker trades have enjoyed quite an appreciation.
Richard Rivlin, CEO of VesselsValue.com, commented: “The Euronav fleet has doubled in value, with only a few purchases throughout the year, showing the surge in tanker values.”
Meanwhile, Maritime CEO’s editor, Sam Chambers, noted: “The tough times in the Chinese shipping sphere – being forced to scrap ships – have seen the top lines from the People’s Republic drop back, while canny investors especially from Greece have jumped up the list.”
The Rich List forms the centerpiece of the lastest issue of Maritime CEO magazine which features Robert Macleod, the man recently appointed by John Fredriksen to head up Frontline Management, on the cover. The magazine will be distributed at Nor-Shipping in Oslo this June.