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ABS fleet grows 4% in 2012

ABS fleet grows 4% in 2012
New York: Classification society ABS grew its fleet by 4% last year to reach 193m gt despite the difficulties faced by the shipping market.

ABS announced after its annual general meeting in New York that it not only grew its overall fleet in 2012 it also ended the year with a 21% share of the entire global orderbook. In the containership sector ABS has a 26% share of all orders including 29 ultra-large boxships and in the LNG sector it has 35% of all tonnage on order.

"ABS closed 2012 firmly entrenched as the second largest society in terms of gross tons in class and as the largest society in terms of new tonnage on order," said ABS president and ceo Christopher J. Wiernicki."

"Looking forward, we will continue to develop innovative products and services that help our members and the industry in these challenging markets improve efficiencies, increase production and minimize downtime," he said.