“Optimising our fleet for the new Panama Canal and future customer needs are key to position the company for growth,” says Jan Eyvin Wang, president and CEO.
Facts about the vessel
Built at the Hyundai Samho Heavy Industries in Mokpo, South Korea, Thalatta is 36.5 m wide, 199.99 m long and has five liftable decks. Designed for cargo of various sizes, the new vessel can transport up to 8 000 car equivalent units. With a new draft, the vessel can call ports with shallower depths, increasing its geographical scope of service.
The vessel commenced service for Wallenius Wilhelmsen Logistics (owned 50% by WWASA) this week and flies the Maltese flag. Wilhelmsen Ship Management is responsible for technical management and crewing.
Environmentally sound design
The Post-Panamax design includes several environmentally sound solutions.
“With a streamlined bow, new Promas rudder and an engine configured to allow the vessel to operate more efficiently in a wider range of speeds and drafts, the Post-Panamax design contributes to reduced fuel consumption and less emissions per transported unit,” says Wang. The vessel is also fitted with an Exhaust Gas Cleaning System reducing sulphur emissions to below 0.1% in compliance with ECA regulations and removing 70% of particulate matter significantly reducing NOx emissions.
Outlook for car and ro-ro market
Global economic growth forecasts affect global trade. “Short term, transportation of cars and ro-ro cargo is expected to be modest,” says Wang. “However, the long-term macro picture supports a positive underlying growth potential. By investing in new, cost-efficient tonnage we position ourselves for future growth”.
WWASA’s ambition is to continue to shape the maritime industry and be a leading provider of deep-sea transportation of car and ro-ro cargo combined with integrated logistics services from factory to dealer. In addition to absorbing market growth, WWASA will continue to invest in fleet renewal and logistics services to grow its business further.
Remaining newbuilding orderbook
WWASA has two remaining Post-Panamax vessels on order at the Korean yard Hyundai Samho Heavy Industries. The vessels will be delivered first half 2016.