1-April-2018
AAL Shipping (formerly Austral Asia Line) has been endeavoring to set up a Heavylift MPP (Multipurpose) Pool. MPP (Multipurpose) chartering rates continue increasing steadily and MPP (Multipurpose) companies discuss consolidation of their fragmented MPP (Multipurpose) market.
AAL Shipping is controlled by Schoeller Group led by Heinrich Schoeller. Heinrich Schoeller is also the chairman of Columbia Shipmanagement. According to Heinrich Schoeller MPP (Multipurpose) recovery is moderate and progressive. AAL Shipping is chartering in MPP (Multipurpose) ships by commercial management agreements.
AAL Shipping (formerly Austral Asia Line) has a fleet of 14 owned MPP (Multipurpose) ships and chartered in 10 MPP (Multipurpose) ships. Singapore-based AAL Shipping is a specialist in this market of MPP (Multipurpose) between 22K DWT up to 32K DWT. AAL Shipping has been considering chartering-in large MPP (Multipurpose) and operating them in semi-linear services.