ocean services
100+ TON HEAVY-LIFT ORDER BOOK | RANK LARGEST BB OPERATORS HL BY HEAVY LIFT CAPABILITY
Top 6 carriers by vessel count
FLEET ON ORDER
SHIPS BY HEAVY-LIFT CATEGORY
>100 SHIPS
>100 >100 HL AVG. HL
Ships Total dwt Avg. dwt >100 >250 >500 >750 >1000 1 Intermarine LLC 21 267,000 12,700 - - 11 10 - 21 14,500 690 2 Nordana P&C 11 133,000 12,100 - - 11 - - 11 5,500 500 3 Coscol 9 276,000 30,700 3 - 6 - - 9 4,800 530 4 BBC 6 83,000 13,900 - - 2 4 - 6 4,200 700 5 Chipolbrok 3 96,000 32,000 - - 3 - - 3 1,920 640 6 Thorco 2 34,000 17,000 2 - - - - 2 200 100 25 LARGEST BB BY HL (ORDER) 52 889,000 17,100 5 0 33 14 0 52 31,120 600 Source: Breakbulk IV - Operators, Fleets, Markets, Dynamar B.V., June 2016, www.dynamar.com
age of four years (2012-built) for the 19 ships it has operated since February. Following AAL are PIL (2012, but a smaller number of ships), Hansa Heavy Lift (2010) and Thorco and GMB Maritime (both 2009), with Thorco deploying the larger fleet. King Ship and Hong Union are the two only carriers to operate ships built (on average) before the present millennium, with the latter averaging 1995 as the year of build on its seven ships.
HEAVY-LIFT ORDER BOOK
Over the last few years, the Top 25 breakbulk order book has come down considerably, as such reflecting the change of breakbulk fortunes following the 2007-2008 hey days. YR. SHIPS DEADWEIGHT ‘10 ‘13 ‘16
205 56 61
SHARE
4.6 million 34.0 percent 1.5 million 9.9 percent 1.2 million 6.6 percent
The 52-vessel order book of just six carriers – BBC, Chipolbrok, Coscol,
Intermarine is the breakbulk operator with the largest order book by far, with 21 units with a total heavy-lift capability of 14,500 tons. Credit: Intermarine
46 BREAKBULK MAGAZINE www.breakbulk.com
Intermarine, Nordana and Thorco – concerns only ships that are provided with a heavy-lift capability of a minimum of 100 tons. Intermarine is the breakbulk operator with the largest order book by far, with 21 units with a total heavy-lift capability of 14,500 tons, 690 tons on average: 11 ships with 500 tons each and 10 of 900 tons. A carrier lower (22nd) in the breakbulk rankings is Nordana Projects & Chartering. Four of the ships of its substantial order book have already been delivered, but another 16 are yet to come, forming a share of 77 percent of its existing fleet by deadweight. These 16 vessels have lifting capabilities of 170 tons (five ships) or 500 tons (11 vessels) and are for delivery in 2016-2017. Despite the company’s ambitions, there is little doubt that it will, over the same period, redeliver most if not all of its currently operated chartered ships, 14 in total. Other well-known breakbulk operators among those ordering new ships
are Coscol (including six with 700 tons lifting capacity); BBC (two of 500 tons and four of 800 tons); Chipolbrok (the remaining three of a larger order, with 640-ton on board cranes); and Thorco with two 100-ton units. All other orders are for ships with crane capacities of less than 100 tons. Seventeen of the 25 largest breakbulk operators have no order book. Although in part the absence of newbuilding orders will be due to adverse breakbulk markets, quite a number of these operators rely upon the charter market for their vessel needs anyway. This excludes the OHCS operators. Most of these embarked on an OHJC newbuilding program a few years ago which is now on the verge of completion. BB Dynamar’s report provides an overview of important breakbulk and project shipping markets, sorted by major cargo segment, complemented by the main trade areas (destinations), with notes on developments, expectations, facts, findings, options and trends relevant to each cargo segment. The full publication, Breakbulk IV – Operators, Fleets, Markets, is available from Dynamar at www.dynamar.com/publications/159. Dirk Visser, senior shipping consultant and managing editor of Dynamar BV – Shipping Information and Consultancy, is a 30-year veteran of the liner shipping and forwarding industry in the Netherlands. Since 1999 he has been responsible for the publications and consultancy sections of Dynamar, including the DynaLiners portfolio of news and commentary, and Dynamar’s biennial flagship breakbulk publication. ISSUE 5 / 2016