HMM has joined its peers in looking at the burgeoning car carrier segment to ensure steady revenue streams as the container shipping segment continues waning.
South Korea’s flagship carrier has joined Ocean Network Express’ affiliate Seaspan Corporation in booking 10,800-unit pure car and truck carriers (PCTC) for long-term charter to Hyundai Motor’s shipping arm Hyundai Glovis. To be LNG dual-fuelled, these will be the largest ever PCTCs to be built, and are intended to carry electric vehicles.
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https://container-news.com/hmm-steps-up-interest-in-car-carriers-as-container-market-tanks/