ASX-listed agribusiness Wellard says live export ships represent the world's second-oldest fleet, and with plans to build the first capable of running on biofuels derived from renewable materials, it hopes to be at the forefront of the next generation.
According to Mr Klepec, the last purpose-built livestock carrier was the Aurochs in 2017 and Wellard's"To my knowledge there is no-one else in the market currently looking to build a [live export] ship," he said.
"It means whoever builds a new ship will be in a very good position in 10 years time because they'll be running an efficient ship with the right fuel and very limited competition.""It's the second-oldest fleet in the world and the average age of livestock carriers is over double that of container ships," Mr Klepec said.
It is understood there are about 125 livestock vessels in the world, but according to AMSA only 25 are accredited to carry livestock from Australia.Call for international reform "Incredibly, that vessel was 49 years old, yet it was able to load the most sensitive of cargo," he said.
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