Using VesselsValue data, Dan Nash, Head of RoRo, explores the current landscape of the Car Carrier sector after long term recovery from Covid-19, looking at record high rates and a surge in demand. This article highlights China taking the lead in the Car Carrier market, and the increase in commodity costs in the aftermath of Russia’s invasion of Ukraine.
“Focussing on global fleet supply, 5 consecutive years of low orders from 2016, combined with over exuberant scrapping activity by shipowners...
https://allaboutshipping.co.uk/2022/03/30/car-carrier-bidding-wars-spark-all-time-rates-boom/