Middle East

Region’s owners climb the ranks

Singapore: Middle Eastern owners are rapidly climbing the ranks in terms of vessel ownership. A new list compiled by our sister title Maritime CEO in association with the UK’s VesselsValue.com shows that six of the top 50 shipowners by fleet value hail from the Middle East. Moreover, their growth in the past 12 months has been among the fastest in the world. The most expensive owned fleet in the region, by some distance, is Nakilat.

Maritime CEO promises to make a very big splash at this year’s Posidonia in Athens.

Maritime CEO is the ideal vehicle for this most famous of global shipowner gatherings. As official media at the show, Maritime CEO has joined forces with VesselsValue.com to produce its first annual Top 50 Richest Shipowners list.

Explained Maritime CEO editor, Sam Chambers: “The maritime media is awash with subjective lists of who is more powerful than others, what we have set out do is to publish an annual objective list that lays out owners by fleet value and shows readers what each company owns.”

For more information contact grant@asiashippingmedia.com  [07/05/14]

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