The Jiangnan Shipyard in Shanghai has launched the first of three LNG battery hybrid PCTCs (pure car truck carriers) commissioned by United European Car Carriers (UECC), which is owned in equal shares
Four LNG-fueled PCTCs (Pure Car/Truck Carriers) just ordered by Japan’s NYK Line will be the first vessels in the word to be equipped with WinGD’s X-DF2.0 iCER main engines. The iCER (Intelligent
The first trans-Atlantic PCTCs (Pure Car Truck Carriers) to operate full-time on LNG were named Siem Confucius and Siem Aristotle in a November 15 ceremony held at China’s Xiamen Shipyard. Owned by
It reports that it has executed a Memorandum of Agreement and buyers have lodged the required deposit for the sale of the international-flag PCTC Glovis Countess. Delivery of the vessel is scheduled to be completed by December 31, 2015. Excess cash after debt payoff of approximately $16 million will be maintained by the company for general corporate purposes.
The company has also executed Memoranda of Agreement for the sale of its two handysize vessels and one capesize vessel for approximately $30 million. Deliveries of the vessels are scheduled to be completed prior to January 31, 2016. All net proceeds from the sale of these vessels will be used to pay down outstanding debt.
The company is in discussions on the sale of its supramax vessel and its railcar service facility (FSI) in Mobile, AL. All net proceeds from the sales will be used to pay down outstanding debt.
Mr. Niels M. Johnsen, Chairman and Chief Executive Officer, said, “As we continue to streamline International Shipholding, we are focused on completing the implementation of our Strategic Plan in an expeditious, but orderly, manner. We continue to market all of the remaining assets to be divested pursuant to our Strategic Plan, and we will provide further periodic updates as we continue to make progress towards our March 31, 2016 target for full implementation.å
NOVEMBER 3, 2014 — MAN Diesel & Turbo says that a single MAN B&W 8S50ME-GI dual-fuel engine will power each of the two LNG fueled PCTC (Pure Car Truck Carriers) ordered earlier
MARCH 11, 2014 — Kawasaki Heavy Industries, Ltd reports that it has signed shipbuilding contracts with United European Car Carriers (UECC) covering the construction of two 3,800 car capacity pure car and
JANUARY 31, 2013 — The quest for fuel economy means that while cars may be getting smaller, but car carriers are getting larger. In line with this trend, Stockholm, Sweden, headquartered Wallenius
JUNE 25, 2013 — Norwegian Car Carriers ASA (NOCC) has issued an update on the incident in which the Japanese Coast Guard said that the PCTC NOCC Oceanic might have been the
JUNE 24, 2013 — Norwegian Car Carriers (NOCC) was informed by the Japanese Coast Guard that on June 23 at 10:15 hours (LT), the Japanese-flagged fishing vessel Yujin Maru no. 7 was
OCTOBER 23, 2012 – Mobile, Alabama, headquartered International Shipholding Corporation (NYSE: ISH) says it has purchased a 1999-built Pure Car Truck Carrier (PCTC). The vessel acquisition was funded by a $3.5 million