Weihai yard grabs up to eight PCTCs

Dalian: Auto Marine Transport, a tonnage provider created with the assistance of Siem Car Carriers, has signed an agreement with Samjin Shipbuilding Industries Korea Co., Ltd. (Samjin) to build a series of vessels for carrying cars and trucks at the Korean yard’s Chinese facility in Weihai.

The initial agreement involves two 6,700-unit energy efficient pure car and truck carriers (PCTC), with options for 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. It is the intention to work closely and exclusively with Auto Marine Transport and Samjin to develop and build PCTCs beyond the initial series of eight vessels. Auto Marine Transport is fortunate to have benefitted from the combined design expertise of Samjin and Siem Car Carriers. The innovative energy-efficient design will result in significant savings to future charterers. In order to grow Siem Car Carrier’s own roll-on/roll-off (ro-ro) and car-carrying operations over the next 10 years, we will need access to this type of vessel."  [09/11/12]

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