Maritime CEO

SAL Heavy Lift: Replacement tonnage sought

Shanghai: Germany’s SAL Heavy Lift, which operates the largest heavylift ships in the world, is looking at replacement tonnage. The company, which has 16 ships on its fleet with up to 3,500 sq m of unobstructed main deck space and combined crane capacities ranging from 600 to 2,000 tons, is eyeing various yards for the order.
Speaking to Maritime CEO, Justin Archard, managing director for Asia and Oceania for SAL Heavy Lift, stresses the intention is not to add to the fleet, but merely to change ageing vessels for more efficient ones.
Archard reckons the heavylift sector has now bottomed out in terms of rates after a tough five-year period.
“We’ve seen a lot of new ships arriving in the world’s fleet in the past two years and that means all this extra tonnage needs to be used up before we see any changes in the supply and demand scenario,” he says, saying rates will remain flat this year. More ships need to be scrapped, Archard maintains. [18/03/14]

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