May 20 - Wilh. Wilhelmsen ASA (WWASA) and South Korea's Hyundai Heavy Industries have signed an agreement for two post-Panamax car carriers, set for delivery in 2014 and 2015.

WWASA is a car carrier and ro-ro shipping services provider and according to company president and ceo, Jan Eyvin Wang: "Although the car carrying market at the moment might be somewhat weaker than we would like, we believe that the long term underlying growth potential for deep sea transportation of cars and high and heavy equipment is strong and positive."

Each post-Panamax carrier will be 200 m long with a beam of 36.7 m. The vessels will have the capacity equivalent to 7,930 ceus each. The contract arrangement also includes an option for another two vessels.

"These vessels are specially designed to cater to the demands of the automotive, rolling equipment and manufacturing industries, with regard to both capacity and quality," explained Arild B Iversen, president and ceo of Wallenius Wilhelmsen Logistics (WWL).

Wallenius Wilhelmsen Logistics (WWL) is a joint venture between WWASA and Wallenius, established in 1999, providing a combination of shipping and logistics services worldwide.