Stena partners with Hyundai Glovis in a European car carrier joint venture

Stena Rederi, a part of Swedish shipping company Stena AB, and German Glovis Europe are to collaborate in an attempt to operate car and truck vessels in Europe. Both companies have filed documents with the European Commission’s competition authorities to launch their partnership that will operate short-sea transport services on pure car and truck carrier vessels in Europe, according to Lloyd’s register.

Mainly, the partnership revealed the joint collaboration. Yet, up to now, there are no...

https://safety4sea.com/stena-partners-with-hyundai-glovis-in-a-european-car-carrier-joint-venture/

Car carriers keep recovery despite rising uncertainty, says Drewry

Supported by improving utilisation, car carrier shipping is expected to continue its recovery from the trough of 2016. However, increasing localisation and the threat of trade wars will slow finished vehicle cargo growth, while carrier operational efficiency will be challenged by the emergence of new trades and ports of call, according to global shipping consultancy Drewry.

Seaborne trade in finished vehicles has recovered strongly from a low in 2016, recording growth of approaching 6% in 2017...

https://safety4sea.com/car-carriers-keep-recovery-despite-rising-uncertainty-says-drewry/

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