The G-class (named after a City starting with G) are large 25,800 dwt multipurpose vessels, boast a total cargo intake of 35,705 cu m, four large cargo holds, three tweendecks and a maximum lifting capacity of 240 tonnes. They will join two sisterships already in AAL’s fleet – AAL Genoa and Pacific Alert (to be named AAL Galveston).

Kyriacos Panayides, managing director of AAL, said: “We are delighted to have secured these vessels. Large heavy lift multipurpose ships of this calibre and lifting capability represent a small fraction of the global multipurpose fleet and AAL is uniquely well experienced in optimising their operations and harnessing their strengths in order to generate value for our customers’ global trading demands. They will add much needed capacity to a portfolio of multipurpose shipping services that have grown exponentially over the past 12 months.

“Since February 2020, we have built a scheduled monthly liner service between Europe, Middle East and Asia; a regular monthly tramp service between Asia and the Americas; and frequent sailings from Asia to Europe – all this in addition to our Asia- Australia Liner Services and global tramp chartering operations.”

“We are seeing market economies beginning to strengthen and rebuilding confidence across Europe, Middle East, Asia and the Americas as trade war machinations of 2020 have been resolved. Energy, steel, infrastructure, bulk and general cargoes are all trading worldwide.”