Pasha Shortlists Two Yards to Build LNG-Fuelled Containerships for Hawaii Jones Act Trade

Pasha Hawaii's Majorie C. Photo: Pasha Hawaii
Pasha Hawaii’s Majorie C. Photo: Pasha Hawaii

Honolulu-based Pasha Hawaii today announced that the company has narrowed its selection to two U.S. shipyards for the construction of two new Liquefied Natural Gas (LNG) fueled containerships, with the option to order two additional vessels. Contract specifications are expected to be finalized by the end of November, with the final selection decision anticipated in January 2017.

The company did not name the two shipyards shortlisted.

The vessels are planned to have capacity of 3,400 TEUs, including 500 45-foot containers and 400 refrigerated containers, and a sailing speed of 23 knots. Delivery of the first vessel is expected mid-2019, with delivery of the second vessel to come in early 2020.

“Since entering the Hawaii shipping business in 2005, Pasha Hawaii has made and will continue to make significant capital investments to support our expanding customer base and the local business community as a whole,” said George Pasha, IV, President and CEO.

Pasha expanded its presence in Hawaii in November 2014 with the purchase of Horizon Lines’ Hawaii division for $141.5 million. The deal included all of Horizon Lines’ trade-lane business and four Jones Act containerships.

“In addition to increasing capability for our customers, these new ships will represent a new era in shipping for Hawaii in terms of greatly reduced emissions and increased efficiency.”

The two LNG dual-fueled vessels will be the first of their kind in the Hawaii/Mainland trade lane, operating fully on LNG from day one in service, dramatically reducing environmental impact and increasing fuel efficiency. Energy savings will also be achieved with a state-of-the-art engine, an optimized hull, and an underwater propulsion system with a high-efficiency rudder and propeller, according to Pasha.

“We are fortunate to have shipyards within the United States that are very capable of building best-in-class cargo ships, including LNG powered vessels, competitively,” added Pasha, IV. “Both the Jean Anne and Marjorie C are Jones Act-qualified vessels and like our new containerships, represent many firsts for the industry in terms of design and performance. Pasha Hawaii is proud to support our shipyards and the many skilled workers who are a part of this important industry.”