100 Million GT Classed by ABS
 
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100 Million GT Classed by ABS

      3/16/1999

Riding the success of its innovative SafeHull, dynamic-based ship design technology, ABS has announced that the fleet of ABS classed vessels has surpassed 100 million gross tons. This marks the first time that the ABS fleet has exceeded this mark since the ship order boom of the mid-1970s.
The rebound in tonnage classed by ABS has cemented its position as the third largest classification society in terms of tonnage. ABS has long been the dominant classification society in total number of vessels classed, with a fleet of more than 11,000 vessels. ABS has maintained steady growth in its activities over the last five years, despite the relative maturity of the market. The classification society has been particularly successful in capturing orders for new tankers and containerships, both of which are evaluated using SafeHull technology. ABS orderbook includes a near 29 per cent share of all tanker newbuilding tonnage and a more than 30 per cent share of the containership orders.
More information: ABS


 


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