Shoei Kisen Kaisha, the shipowning arm of Japanese yard Imabari Shipbuilding, is set to control the world’s third largest non-operating box fleet once its huge swathe of ships ordered deliver in the coming couple of years.
Data carried in the latest weekly report from Alphaliner shows Shoei Kisen has more ships on order than all the other non-operating owners combined and once it all delivers the company will leap from 13th to third in the rankings of non-operating owners with just China Shipping and Seaspan ahead of it.
As well as providing significant tonnage to Japan’s big three lines – MOL, K Line and NYK – Shoei Kisen also has long term charters to many other big names in container shipping including OOCL, APL and Yang Ming. Its most recent addition is also its largest – the MOL Truth, the first 20,000 teu class ship built on Japanese soil.
In addition to its container exposure, Shoei Kisen is a very sizeable player in dry bulk, tankers, car carriers and LNG. Excluding car carriers, the company’s fleet – plus orderbook – is worth $5.89bn, according to data from VesselsValue.