Honolulu, HI - Honolulu-based Pasha Hawaii today announced the signing of a contract with VT Halter Marine, Pascagoula, MS, for the construction of a ship to enter the Hawaii/Mainland trade lane. The ship's base price is $144 million and is estimated to deliver in 2014.
The new ship represents the second vessel to join Pasha Hawaii's fleet, and will allow the company to provide weekly service between the West Coast and Hawaii. The company also signed an option agreement for the construction of a third vessel with a base price of $137 million.
