Hual Increases PCTC Order to 7 Ships

Thursday, December 18, 2003
HUAL, the Ro/Ro vehicle carrying unit of Leif Höegh & Co, has placed an order for two additional car carriers (PCTC) with Daewoo Shipbuilding & Marine Engineering for delivery in 2006 and 2007 respectively. The vessels will have capacity to carry some 6100 cars and 7 similar vessels are now ordered from Daewoo. The first 5 vessels are scheduled for delivery in 2004 and 2005. The contract includes options for further vessels The order forms part of the renewal of HUAL's fleet and HUAL is experiencing a substantial demand for flexible PCTC vessels capable of carrying high and heavy cargo in addition to factory new- and second hand cars. The vessels are designed with four liftable decks (plus 8 fixed decks) and 150 tons capacity on the main ramp. Karl Terjesen, President of HUAL says: We find this design and size of vessel to be optimal in many trades. By employing flexible vessels we can optimize cargo mix and capacity utilization and meet cargo owners' demand for frequency. HUAL is among the top five global car carrier operators and will operate a fleet of more than 50 vessels including these 7 newbuildings and another 5 new vessels on long term charter from 2003 and 2004. HUAL operates in a network of trade systems from the main export areas for new cars in the Far East, USA and Europe. HUAL expects that vehicle exports from Japan and Korea will remain strong in the years ahead, while China may develop into a major exporter and importer of Ro/Ro cargo in the future.
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

ASRY in Maritime Deal with Relay

UK-based engineering firm signs service agreement to provide direct services to vessels in ASRY, expanding the list of the yard’s onsite specialist contractors.

Huawei Bags MCT Submarine Cable Contract

Huawei Marine has signed a system design and construction agreement with a consortium comprising Telekom Malaysia Berhad, Symphony Communication and Telcotech

Solarworld Wants Duties on Chinese Solar Goods in U.S. Extended

German solar manufacturer SolarWorld will apply to the United States for an extension of duties on Chinese panel imports that are due to end this year, weekly Euro am Sonntag said.

Cruise Ship Trends

Norwegian Dawn Arrives In Boston

The Norwegian Dawn, the cruise liner that ran aground as she left Bermuda this week, has arrived in Boston.   A story in the Boston Herald says, “Passengers

Ostebo Chosen to Head CLIA

Thomas P. Ostebo will join Cruise Lines International Association (CLIA) as the organization’s new president and chief executive officer, effective July 6, 2015.

Norwegian Cruise Ship Ran Aground off Bermuda

The Norwegian Dawn cruise ship with more than 3,700 people on board ran aground in Bermuda after the vessel temporarily lost power.   Small boats, divers and

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1396 sec (7 req/sec)