ClassNK registers over 20 million in new tonnage for fourth year running

ClassNK has announced it has had a record year, with 833 new vessels with a combined total of 21,466,272 ft joining the register in 2014
ClassNK registers over 20 million in new tonnage for fourth year running

ClassNK has revealed its registration totals for 2014.

Over the year, the organisation states that 833 new vessels with a combined total of 21,466,272 gt joined its register, marking the fourth year that the leading classification society registered over 20 million in new tonnage.

ClassNK states that its growth in 2014 came in spite of a global downturn in the market which has seen newbuilding deliveries fall by an estimated 15 percent according to Clarkson Research Services. Led by continued strength in the newbuilding markets, ClassNK registered a total of 548 newbuildings with a combined total of over 16 million gt, or more than 25 percent of all newly built tonnage in 2014 based on Clarkson’s figures.

Similarly ClassNK says growth was also driven by transfers from other societies which reached a record 285 vessels in 2014, including ClassNK’s first US-flagged and German-flagged vessels. These successes follow ClassNK’s establishment of new Survey Operations Headquarters in New York and Hamburg to complement its existing survey headquarters in Tokyo and better serve clients in Europe and North America. Continuing trends from previous years, European ship owners, led by German and Greek owners, accounted for roughly half of all transfers to the NK register in 2014.

ClassNK Chairman and President Noboru Ueda commented on the recent success: “At ClassNK, we strive to deliver the highest level of service as the only classification society offering 24/7 assistance 365 days a year and ClassNK’s growing register reflects our ability to meet the changing needs of the industry. In addition to the establishment of our Survey Operations Headquarters in Hamburg and New York last year, the acquisition of software leaders NAPA and Helm Operations has enabled us to widen the scope of our activities throughout Europe and North America to better serve the global maritime industry.”

At the end of December 2014, ClassNK had a total of 8,872 vessels on its register with a combined total of 232,871,435 gt. Of the 833 vessels added, 548 were newbuildings totaling 16,158,319 gt and 285 vessels were existing vessels with a total of 5,307,953 gt.

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by Laura Stackhouse

readmt.com Editor

Laura Stackhouse is the Web Editor of readmt.com, an official publication of the International Marine Purchasing Association (IMPA). To discuss news, features or contributing to readmt.com please get in touch.

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