Pasha to build 2nd ro/ro for Hawaii trade
Honolulu-based Pasha Hawaii has signed a contract with VT Halter Marine in Pascagoula, Miss., to build a second U.S.-flag roll-on/roll-off vessel for operations in the U.S. West Coast/Hawaii trade.
The ship's base price is $144 million and is estimated for delivery in fall 2013. Pasha is negotiating with several sources for financing. The company also signed an option agreement to construct a third vessel with a base price of $137 million.
Pasha said the second ship would allow it to provide weekly service between the West Coast and Hawaii.
Like its first ro/ro vessel, the Jean Anne, which entered service in March 2005, the second will be built by VT Halter based on a proven design by the Uljanik Shipyard, Croatia. The Uljanik and VT Halter Marine engineering teams are collaborating with Pasha to finalize the new ship's design and engineering specifications.
'Building a second ship has always been part of our organization's plan,' said George Pasha IV, the company's chief executive officer, in a statement. 'Our second vessel will both better serve the Hawaii/Mainland market and also provide increased frequency and superior reliability. A weekly sailing will also allow us to present even more tailored transportation solutions to our clients.'
Pasha to build 2nd ro/ro for Hawaii trade
