Pasha Hawaii to Build Second Vessel
Pasha Hawaii is currently negotiating with several sources for financing. Pasha Hawaii offers roll-on/roll-off transport between the West Coast and Hawaii for a wide range of vehicles, yachts, heavy machinery, and oversized cargo.
The new ship represents the second vessel to join Pasha Hawaiiâ€™s fleet, and will allow the company to provide weekly service between the West Coast and Hawaii. The company also signed an option agreement for the construction of a third vessel with a base price of $137m.
This will be the second roll-on/roll-off car truck carrier built by VT Halter for Pasha Hawaii 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 shipâ€™s design and engineering specifications. This will ensure the highest level of operating efficiencies as well as reduced environmental impacts. VT Halter Marine is beginning performance on the contract immediately.
George Pasha, IV, CEO of Pasha Hawaii, said: â€œBuilding a second ship has always been part of our organizationâ€™s plan. The level of enthusiasm and customer support we received when we deployed our first vessel was well beyond our expectations.
â€œOur 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.â€
Will the move benefit the firm?
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