Volkswagen to Charter Two LNG-Powered Car Carriers

German automaker Volkswagen is looking to reduce its environmental footprint by chartering two LNG-powered Pure Car and Truck Carriers to transport its vehicles between Europe and North America. The two planned vessels will be operated by Siem Car Carriers and used exclusively by Volkswagen Group upon delivery in 2019. The company says it will be among one of the first … [Read more...]

World’s First LNG-Powered Car Carrier Delivered

The world's first LNG-fueled pure car and truck carrier has been delivered in China. The vessel, to be named Auto Eco, is owned by United European Car Carriers, which is equally owned by Janan's NYK Line and the Swedish shipping company Wallenius Lines. It was built by Kawasaki Heavy Industries at the NACKS shipyard in Nantong, China. The ship is the first of two … [Read more...]

MOL Unveils Energy-Saving Rounded Bow for its Next-Generation Car Carriers

Japanese shipping company Mitsui O.S.K. Lines has revealed the hull design for its next-generation car carrier with a rounded bow said to reduce wind resistance and cut emissions. MOL has four of the so-called FLEXIE carriers on order at Usuki City-headquartered Minaminippon Shipbuilding Co. with delivery slated for 2017 and 2018. The vessels will feature a rounded bow shape … [Read more...]

China Fines Car Carrier Shipping Firms $63 Million for Price Fixing Scheme

By Bloomberg News (Bloomberg) -- China fined eight shipping lines 407 million yuan ($63 million) in total after finding them responsible for price collusion in the transportation of vehicles and heavy machinery. Japan’s Nippon Yusen KK, Mitsui OSK lines, Kawasaki Kisen Kaisha and Eastern Car Liner Ltd., Korea’s Eukor Car Carriers Inc., Norway’s Wallenius Wilhelmsen … [Read more...]