Revolution in the tank ranks

The Cotac site in Ludwigshafen is the inaugural facility of Multimodal Tank Care GmbH, providing cleaning, repairs, and maintenance.

The industry continues to be dominated on a global level by a relatively small number of major tank container operators and leasing companies.

H&S will become the fifth business unit of Den Hartogh, alongside the business units Liquid, Gas, Global and Dry Bulk.

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Several owners are believed to be contemplating orders for much larger PCTCs with Wallenius Wilhelmsen recently ordering four ships of 9,600 CEU from China Merchants Jinling Shipyard (Nanjing) Co. Ltd. Meanwhile, Seoul-based Hyundai Glovis is rumoured to be close to finalising a deal worth more than US$1.8B for 12 x 10,800 CEU vessels.