Thursday, May 17, 2012

Garnet Leader -feeding the demand

North America's constant demand for automobiles is being fed by ships such as Garmet Leader, arriving this afternoon from Emden, Germany. Operated (under charter) for NYK Line of Japan, the ship, built in 2008 and 57,692 gross tons has a rated capacity of 6,600 autos. Flying the Bahamas flag, it is owned by a company domicilied in the Isle of Man, but associated with Stamco Ship Management of Piraeus, Greece.
NYL Line (Nippon Yusen Kabushiki Kaisha) does about $22bn of business each year from a variety of transportation related operations. About a year ago they were operating 827 major ocean vessels including 143 containerships, 344 bulk carriers, 57 woodchip carriers, 118 car carriers, 86 tankers, 29 LNG carriers, three cruise ships, and 47 other ships. They also have fleets of planes, trains and trucks and containers.

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