CEVA Logistics is providing more roll-on, roll-off vessel capacity after a new 10-year lease it has signed with its parent company, CMA CGM.
The agreement for four of Eastern Pacific Shipping’s LNG dual-fuel hybrid deep-sea vessels will allow CEVA to transport 140,000 vehicles each year between global markets, particularly in China and Europe.
The ships are currently under construction by Chinese merchant CSC Jinling Shipyard, with the first vessel expected to be delivered in December of this year and three more ships to be completed in 2024. Under the agreement, CEVA Logistics will manage and operate the vessels with full commercial control over the RORO capacity.
At nearly 200 meters in length, the vessels will each have a carrying capacity to transport 7,000 cars because of nearly 59,000 square meters of effective deck surface spread across 12 levels.
“As the automotive supply chain continues to stabilize from numerous shocks over the past several years, we have remained close to our customers to understand their challenges and growth opportunities.
“With such a large need for additional capacity, we found a solution that allows us to co-create long-term value with our customers in the global economy by improving the go-to-market conditions for their finished vehicles,” said Emmanuel Cheremetinski, Global FVL Leader and CEVA Logistics.