World’s Biggest Car Shipper Warns Charter Rates Will Come Down
(Bloomberg) — High global charter shipping rates buoyed by record exports of electric vehicles from China may not last, the head of the world’s larger
(Bloomberg) — High global charter shipping rates buoyed by record exports of electric vehicles from China may not last, the head of the world’s larger
BEIJING/SHANGHAI, April 10 (Reuters) – Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom
Greek car carrier specialist Neptune Lines has ordered two next-generation pure car and truck carriers (PCTCs), designed for short sea trades, from Fujian
Japanese shipping companies NYK and “K” Line have been fined CAD $1.5 million and CAD $460,000, respectively, by the Ontario Superior Court for
AMSTERDAM, Aug 3 (Reuters) – The car carrier that caught fire last week off the coast of the Netherlands has arrived
By Nick Savvides (The Loadstar) – French container carrier CMA CGM, already spreading its wings by entering the air cargo and logistics markets, is
The U.S. Coast Guard is warning the shipping industry of the extreme risk of loading electric vehicles (EV) with damaged Lithium-Ion onto commercial vessels.
A Panama-flagged vehicle carrier carrying more than 4,500 cars and 1,300 tons of oil from South Korea to Singapore caught fire and is now drifting in the
Italian shipping group Grimaldi has grown its newbuild orderbook with five additional “ammonia-ready” pure car and truck carriers (PCTCs) to be
Norwegian roll-on/roll-off shipping line Höegh Autoliners is taking advantage of the uptick in the market by declaring an option to purchase another car
By Alex Longley (Bloomberg) — The car industry, already grappling with a shortage of semi-conductors, is now seeing another source of supply-chain
Swedish shipping consultancy Wallenius Marine has teamed up with naval architecture firm KNUD E. HANSEN to design the world’s first wind-powered
A roll-on/roll-off vehicle carrier belonging to Dubai-based Salem Al Makrani Cargo Company capsized and later sank in the Persian Gulf about 30 miles from
(Note: This article was originally written and submitted to gCaptain prior to the Felicity Ace fire, the cause of which is not yet known. It has been updated
A car carrier is abandoned and on fire in the North Atlantic near the Azores. All 22 crew members of the M/V Felicity Ace abandoned ship safely and were
Norwegian roll-on/roll-off shipping line UECC has taken delivery of the world’s first dual-fuel LNG battery hybrid Pure Car and Truck Carrier (PCTC). The new
Norwegian roll-on/roll-off shipping company Wallenius Wilhelmsen has reported third quarter earnings before interest, taxes, depreciation, and amortization
Norwegian roll-on/roll-off provider Höegh Autoliners has announced plans to build two of its new series of Ammonia-ready car carriers at China Merchants Heavy
By Alex Longley and Damian Shepherd (Bloomberg) — The cost of moving cars across the ocean is surging. Vessels that carry autos and industrial
Chinese shipbuilder CIMC Raffles has received an engineering, procurement and construction (EPC) contract for up to six low emission LNG-powered car carriers
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