Car carrier shipping is expected to continue its slow recovery, supported by improving utilisation and minimal vessel ordering. However, costs are rising while the trade outlook is vulnerable to rising geopolitical risk, which is expected to lead to more distressed vessel sales as shipping lines focus on landside investments in search of profitability, according to the Finished Vehicle Shipping Annual Review and Forecast 2019/20 report published by global shipping consultancy Drewry.
Seaborne...