PB RoRo was launched in early 2008. We were attracted to the RoRo sector by its compelling demand and supply outlook: a relatively old age profile and modest orderbook, combined with the growing economic and environmental case for transferring more coastal trucking activity onto the sea, makes for bright longer-term prospects for this type of ship. It is a sector that requires the same commitment to professional marine management, excellence and customer service that Pacific Basin delivers in its cornerstone dry bulk shipping business.
In September 2009, we took delivery from Odense Steel Shipyard our first RoRo vessel which now operates in the North Sea between Holland and the UK. In October and December 2010, we exercised purchase options taking delivery of two further newbuildings from the Hyundai Mipo Shipyard in Korea . Both vessels have subsequently taken up time charter employment in the U.S. Gulf.
We have a further two RoRo newbuildings on order, delivering in 2011. They are all under construction at Odense Steel Shipyard in Denmark and, like our first ship, will be of the proven, versatile, fuel efficient and environmentally friendly Flensberg design.
These ships are all well suited to serve the major RoRo trades in Northern Europe, the Mediterranean and elsewhere. Our intention is to act as a tonnage supplier, time chartering them to existing RoRo operators to allow them to develop new trades, expand cargo volumes and achieve flexibility in operations.
Our RoRo fleet is managed by our 50% owned joint venture Isis RoRo Shipping Limited which handles both the chartering and commercial management of the RoRo fleet and, through its subsidiary Meridian Marine Management, technical and crew management . Based in the United Kingdom, Isis and Meridian specialise in the management of RoRo and RoPax tonnage.
Main Particulars of 6 RoRos:
Odense Steel Shipyard vessels (Humber Viking, Strait of Messina, L233, L234)
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3,660 lane metres of freight capacity
four decks
accommodation for 12 drivers
wide ramp and deck layout designed for efficient cargo operations
twin rudders, propellers and bow-thrusters for high degree of manoeuvrability
excellent fuel efficiency
Hyundai Mipo Shipyard vessels (Strait of Dover, Strait of Gibraltar)
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3,810 lane metres of freight capacity
four decks ships
two additional hoistable decks above main deck for cars
accommodation for 12 drivers
single high-lift rudder with twin bow and stern thrusters for high degree of manoeuvrability
excellent fuel efficiency
Contact:
Pacific Basin (for corporate matters)
Isis Shipping Limited (for commercial matters)
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