The 8,500-car-equivalent-unit (ceu) newbuildings have been contracted at Xiamen Shipbuilding Industry for delivery in January and April 2016 at $68.5m each.

Hoegh, which already operates around 60 PCTCs, will take these latest vessels for 12 years on “hell and high water” bareboat charters.

It already has four vessels of equal design on order from Xiamen scheduled for delivery in 2015 and will be responsible for the shipbuilding supervision.

Hoegh