Wallenius Wilhelmsen Upsizes Car Carriers to Be World’s Largest

Sep 25, 2024 at 8:00 PM

Navigating the Future: Wallenius Wilhelmsen's Groundbreaking Vessel Expansion

The car carrier sector is undergoing a transformative shift, driven by strong demand and the imperative to enhance operational and environmental performance. Leading players in the industry are embracing a new generation of larger and more efficient vessels, with Wallenius Wilhelmsen at the forefront of this evolution. The company's latest announcement of upsizing its fleet with the world's largest capacity pure car and truck carriers (PCTCs) signals a bold move towards a more sustainable and cost-effective future for the sector.

Redefining the Boundaries of Car Carrier Capacity

Wallenius Wilhelmsen's Ambitious Vessel Expansion

Wallenius Wilhelmsen, a prominent player in the car carrier industry, has unveiled plans to upsize four of the 12 vessels currently on order with the Jinling Shipyard in China. These vessels, set for delivery starting in 2026, will boast a remarkable capacity of 11,700 units, making them the largest PCTCs ever to sail the seas. This strategic move represents a significant leap forward, as the sector's previous maximum capacity stood at around 8,500 units.

Driving Efficiency and Sustainability

The upsized vessels are designed to deliver enhanced efficiency and a lower environmental impact. Wallenius Wilhelmsen has emphasized that these "Shaper" vessels are specifically tailored to the company's operational needs and trading patterns, with a focus on preparing them for a net-zero future from day one. The vessels will feature a range of innovative technologies, including alternative fuel capabilities, shore power readiness, and a battery system to optimize power generation and reduce energy consumption during maneuvering. Additionally, the vessels will boast solar panels and air lubrication for the hulls, further enhancing their environmental credentials.

Economies of Scale and Competitive Advantages

The increased size of the vessels is expected to translate into significant cost savings and contribute to Wallenius Wilhelmsen's net-zero ambition. The company's EVP & COO of Shipping Services, Xavier Leroi, highlighted the "significant savings on fuel and emissions" and the "unparalleled capacity and the highest ramp strength in the order book" that these vessels will offer. By leveraging economies of scale, Wallenius Wilhelmsen aims to solidify its position as a leader in the car carrier sector, providing its customers with a competitive edge.

Enhancing Safety and Cargo Handling

The design of the upsized vessels has been optimized not only for energy efficiency but also for improved cargo handling and safety. The vessels will feature two fire zones, as opposed to the single zone required by regulation, enhancing fire safety. Additionally, two of the four movable decks will be electrically hoistable, streamlining the loading and unloading process.

Responding to a Rapidly Evolving Landscape

The car carrier sector is witnessing increased competition, with major players such as CMA CGM and MSC Mediterranean Shipping entering the market. Furthermore, Chinese car manufacturers have launched their own dedicated vessels due to capacity constraints. In this dynamic environment, Wallenius Wilhelmsen's bold move to upsize its fleet demonstrates its commitment to staying ahead of the curve and meeting the evolving needs of the industry.

Driving the Future of Car Transportation

Vehicle transport is currently one of the fastest-growing segments in the shipping industry, underscoring the importance of the car carrier sector. Wallenius Wilhelmsen's investment in the world's largest PCTCs positions the company as a trailblazer, setting new standards for efficiency, sustainability, and capacity in the transportation of automobiles. As the industry continues to evolve, Wallenius Wilhelmsen's innovative approach is poised to shape the future of car carrier operations.