United European Car Carriers (UECC), jointly owned by NYK and Wallenius Lines, inked a deal for three generation pure car and truck carriers (PCTC) with China Ship Building Trading and Jiangnan Shipyard Group and secured green finance for the deal.
Following the agreement, the vessels will be equipped with a battery hybrid LNG solution, boosting them beyond IMO’s goal for a 40% reduction in carbon intensity by 2030. Also, the vessels will include duel-fuel engines for main propulsion and auxiliaries and a battery package.
The UECC has already secured “Green Financing” from Svenska SkeppsHypotek of approximately USD 70 million for the new vessels, a confirmed order of 3 vessels in total, being delivered from July 2021 and onwards.
UECC’s CFO, Thomas Thue highlighted the Union’s aspiration on sustainability, reducing harmful emissions by the launch of these vessels.
Moreover, the vessels will have a length overall of 169 meters, a width of 28 meters and a car carrying capacity of 3 600 units on 10 cargo decks, of which 2 decks are hoistable.
The vessels will be in line with Tier 3 IMO NOx emissions limitations that are planned to come into force in the Baltic and the North Sea from 2021.
UECC also aims to produce carbon neutral and synthetic fuels as part of their future fuel mix.
UECC’s CEO, Glenn Edvardsen concluded that
This is a giant leap towards decarbonization, and unlike anything else that has been done previously in our industry, I believe, and something that we are extremely proud of.
