Pasha Hawaii to Build Second Vessel

Wednesday, February 16, 2011

Honolulu-based Pasha Hawaii announced the signing of a contract with VT Halter Marine, Pascagoula, MS, for the construction of a ship to enter the Hawaii/Mainland trade lane. The ship’s base price is $144m and is estimated to deliver in the fall of 2013. Pasha Hawaii is currently negotiating with several sources for financing.

 
The new ship represents the second vessel to join Pasha Hawaii’s fleet, and will allow the company to provide weekly service between the West Coast and Hawaii. The company also signed an option agreement for the construction of a third vessel with a base price of $137m.
This will be the second Roll-On/Roll-Off Car Truck Carrier built by VT Halter for Pasha Hawaii based on a proven design by the Uljanik Shipyard, Croatia. The Uljanik and VT Halter Marine engineering teams are collaborating with Pasha to finalize the new ship’s design and engineering specifications. This will ensure the highest level of operating efficiencies as well as reduced environmental impacts. V T Halter Marine is beginning performance on the contract immediately.
The MV Jean Anne, Pasha’s first vessel, was put into service in March 2005. Pasha Hawaii CEO, George Pasha, IV, notes, “Building a second ship has always been part of our organization’s plan. The level of enthusiasm and customer support we received when we deployed our first vessel was well beyond our expectations. Our second vessel will both better serve the Hawaii/Mainland market and also provide increased frequency and superior reliability. A weekly sailing will also allow us to present even more tailored transportation solutions to our clients.”
 
The MV Jean Anne, now approaching her seventh year and her 150th voyage, was designated the “Ship of the Year” by American Ship Review in her first year of service. Her crew and vessel operations have been recognized by the Chamber of Shipping of America with awards for outstanding safety and environmental achievement.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

RS at SEA JAPAN 2014

Russian Maritime Register of Shipping (RS) was the only Russian company to take part in SEA JAPAN 2014 exhibition and conference – one of the major exhibitions of the maritime industry.

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
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: 0.1034 sec (10 req/sec)