Simon Stevens News

Korean Shipyard Wins Auto Marine Transport PCTC Orders

Auto Marine Transport contracts Samjin Shipbuilding Industries Korea (Samjin) to build a series of pure car & truck carriers (PCTC's). Auto Marine Transport, a tonnage provider created with the assistance of Siem Car Carriers, sign an intiial agreement with the shipyard to build eight energy efficient pure car and truck carrier (PCTC) vessels capable of carrying 6700 CEU (car equivalent units) and is made up of two firm orders and options for a further six vessels. Simon Stevens, Chairman of Siem Car Carriers, said
“We are very pleased to have played a part in helping to establish Auto Marine Transport as the tonnage provider to access the energy-efficient PCTC market.