Korean Shipyard Wins Auto Marine Transport PCTC Orders

Auto Marine Transport contracts Samjin Shipbuilding Industries Korea (Samjin) to build a series of pure car & truck carriers (PCTC's).

Auto Marine Transport, a tonnage provider created with the assistance of Siem Car Carriers, sign an intiial agreement with the shipyard to build eight energy efficient pure car and truck carrier (PCTC) vessels capable of carrying 6700 CEU (car equivalent units) and is made up of two firm orders and options for a 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 8 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 which is being developed 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.”

Siem Car Carriers AS is a member of the Siem Industries Inc group of companies that includes Subsea7, Siem Offshore AS and Star Reefers. They specialise in shipping cars, roll on roll off (RO-RO) and break bulk cargo, operating a fast, regular and direct service.