Veson Nautical has released a comprehensive analysis of the top Singapore-flagged vessel owners, operators, and beneficial owners, highlighting the significant players in the maritime industry. Moller Maersk leads the fleet with 119 vessels valued at $635b, whilst Wan Hai Lines, despite owning fewer vessels at 111, matches this value due to a modern fleet and substantial orderbook.
Pacific International Lines ranks third with 73 vessels valued at $287b. Evergreen Marine Corp, although fourth in fleet size with 58 vessels, boasts the highest fleet value at $647b, thanks to its modern container vessels. Grace Ocean Investment and NYK also feature prominently, with fleets valued at $22b and $45b, respectively.
In terms of operators, Ocean Network Express tops the list with 236 vessels valued at $2,217b. Eastern Pacific Shipping follows with 197 vessels worth $1,993b, and Pacific International Lines ranks third with 102 vessels valued at $591b. The container sector, in particular, has seen a notable increase in value, driven by heightened demand and strategic routing changes.
Among beneficial owners, Eastern Pacific Shipping leads with 205 vessels valued at $2,108b, largely due to its extensive orderbook. Pacific International Lines and Hafnia also rank highly, with fleets valued at $424b and $294b, respectively. The report underscores Singapore’s strategic role in global shipping, particularly within the container sector, which has experienced significant growth.
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