Tag: car carriers

Grimaldi has commissioned Shanghai Waigaoqiao Shipbuilding Company Limited (SWS) and China Shipbuilding Trading Company Limited (CSTC), to build five new PCTC (Pure Car & Truck Carrier) vessels, with the option for another two units. The ships will have the RINA Ammonia Ready class notation.

With an increasing requirement globally to minimise carbon emissions, car carrier charter rates, particularly regarding transporting EVs are soaring, argues Ansuman Ghosh, Marine Engineer, UK Club.

K Line conducted a trial use of marine biofuel, supplied by global integrated energy company BP on its car carrier Polaris Highway.

MOL started operation of a new support system for car carrier allocation planning based on mathematical optimization.

On 27th April, a 760-foot vehicle carrier ran aground near the Cape Charles Anchorage in the Chesapeake Bay.

Höegh Autoliners is accelerating its decarbonisation launching a zero carbon ready vessel, which is expected to enter service by the end of 2023.

Following the explosion onboard the Israeli-owned ship Helios Ray, in the Gulf of Oman, the car carrier left Dubai and set sail again.

The car carrier Helios Ray was hit by an explosion in the Gulf of Oman on February 25. The cause of the explosion is not clear, while the vessel as well as the crew are safe.

MPA Singapore has carried out a review, announcing that it extends port rebates, aiming to encourage growth in the vehicle transhipment business in Singapore. The scheme will be valid for another 3 years from 1 January 2020 till 31 December 2022.

As car carrier shipping is expected to continue its slow recovery, backed by better utilisation and minimal vessel ordering, costs are increasing while the trade outlook seems vulnerable to emerging geopolitical risk. These are the findings of the Finished Vehicle Shipping Annual Review and Forecast 2019/20 report published by Drewry.