Wallenius Lines Declares Option for Two Post-Panamax Vessels

Wallenius Lines has declared an option for two additional Post Panamax vessels to be built at Tianjin Xingang Shipyard in China set for delivery in Q2 and Q4 2016.

The order will add to the two vessels contracted in June 2013 for delivery in 2015 and 2016. The vessels will be 200 m long with a car carrying capacity equivalent to 8,000 cars and a beam of 36.5 m, approximately 4.3 m wider than today’s Panamax car carriers.

“We continue to believe in deep sea transportation of cars and high and heavy equipment”, Anders Boman, President Wallenius Lines says. “These newbuildings feature a combination of large capacity and low fuel consumption. The optimized hull design and a number of energy saving features will ensure efficient operation and low environmental impact.”

Tianjin Xingang Shipyard is located in Tianjin City and is part of CSIC, the government Northern Shipyard Group of China.

The vessels will be operated by Wallenius Wilhelmsen Logistics, owned 50% by Wallenius Lines.

[mappress]

Wallenius Lines, January 29, 2014