Tag: car carriers

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.

MOL, MOL Information Systems Ltd and Associate Professor Shunji Umetani announced the successful launch of a vessel allocation plan and cargo loading plan for car carriers based on mathematical optimization, on of the fundamental technologies of AI.

As VesselsValue reports, with an estimated USD 775 bn worth of exports in 2018, cars represent the world’s number three exported product by value, trailing only crude oil and refined petroleum oils. Based on this, the vehicle carrier market should be booming, but this is not the case.

The United European Car Carriers, jointly owned by NYK and Wallenius Lines, informed of a new contract to construct two new generation hybrid-powered PCTCs (Pure car truck ­carriers), expected to achieve 40% reduction in carbon intensity by 2030.

In 2006, the RoRo ‘Cougar Ace’ was involved in an incident that caused its entire cargo of almost 5,000 brand new cars to be scrapped. The incident highlighted issues related to the assignment of duties in a ship’s SMS, within the context of ballast water exchange operations.

Norway-based Höegh Autoliners reiterated its firm position against scrubbers, as an option for compliance with the IMO's 2020 sulphur cap. In a recent interview, the company's CEO, Ivar Myklebust, said it will achieve compliance by using Very Low Sulphur Fuel Oil or Low Sulphur Marine Gas Oil.