Wallenius has ordered the world's largest PCTC's

September 22, 2004

Wallenius orders world's largest car carriers

Swedish based Wallenius Lines has placed an order for three new Pure Car and Truck Carriers (PCTCs) that will be the biggest in the world. The vessels will be 228 m long and capable of carrying 8,000 cars.

Earlier this year Wallenius Lines ordered three ships with a capacity of 6,500 cars and announced that it was to extend five of the fleet's Boheme-class vessels by 28 m to 228 m increasing their capacity by 20 percent to 7100 cars.

The combined investment in the new and lengthened vessels will be US $450 million.

Christer Olsson, President of Wallenius Lines AB, said:"We are adapting to market requirements and once again leading the technical development of car carriers. The ability to load more cargo on to each vessel means an increase in efficiency, not least from an environmental perspective."

Five of the ships will be built at the Daewoo Shipyard in Korea. The first two new vessels will have a cargo capacity of 6,700 cars and will be delivered at the end of 2006. The other three, each with a cargo capacity of 8,000 cars, will be delivered in late 2007 and early 2008. These five ships will be operated by subsidiary Wallenius Wilhelmsen Lines.

The sixth ship, with a capacity of 6,400 vehicles, is being built at Hyundai Heavy Industries in Korea and will be operated by the Wallenius Korean subsidiary, EUKOR..

The lengthening of five of the existing fleet will be carried out by Hyundai Mipo Dockyards, at its yard in Vietnam--Hyundai Vinashin Shipyard. The MIGNON, ELEKTRA, BOHEME, MANON and UNDINE will be extended during 2005 by 28m and will subsequently be able to carry up to 7,100 vehicles, compared to their existing maximum car capacity of 5,900.

Once all six vessels have been delivered, Wallenius Lines will have at its disposal a fleet of approximately 50 PCTC (Pure Car Truck Carrier) vessels that will be operated by various subsidiaries.

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