Leif Höegh & Co. (LHC) has exercised options for two additional
newbuildings to be delivered by Daewoo Shipbuilding & Marine
Engineering Co., Ltd. in the third and fourth quarter of 2005. This
brings the number of PCTC (Pure Car Truck Carrier) newbuildings
ordered from Daewoo to five, and further options are included in the
agreement with the yard.
The vessels will enter service
in LHC's Ro/Ro subsidiary HUAL's world
wide trade systems and will have capacity to carry 6100 car
equivalent units (ceu).
Says Karl Terjesen, President of HUAL:
- HUAL's strategy is to continue growing our deep sea business in
order to improve the service we offer to our customers. The design of
the newbuildings is based on the flexible state of the art solutions
already employed in our fleet.
The order forms part of the renewal of HUAL's fleet, which includes a
number of vessels built in 1980/81, and which will be 25 years in
2005/2006. HUAL is also experiencing a substantial demand for
flexible PCTC vessels in most of its services and some increase in
fleet capacity is therefore necessary to meet customer requirements
in a best possible way.
HUAL will operate a fleet of about 50 vessels including these five
newbuildings and another four new vessels
on long term charter from
2003 and 2004.