Saga Shipholding and Westfal-Larsen, the owners behind Norway’s Saga Welco open-hatch pool, are pondering a renewal of their large, uniform, custom-designed fleet.
Customers like the covered moving gantry cranes that are the Saga trademark. But the expensive kit does not generate a significant chartering premium.
And competition with Cosco may force the Saga Welco partners to move up from the present supramax tonnage bracket to panamax.
