Marine Link
Saturday, July 21, 2018

Cars Transported by Sea up 5% in '17

Maritime Activity Reports, Inc.

December 22, 2017

© eunikas/Adobe Stock

© eunikas/Adobe Stock

Clarksons Research on the oceangoing car carrier sector finds that 20.5 million cars were expected to be traded by sea in 2017, up by 5% year-on-year. Further Clarksons found that the overall global car carrier fleet was expected to grow slowly in full year 2017, to 781 vessels or 3.96 million car equivalent capacity. The current car carrier orderbook is at 6% of the fleet in capacity terms and $2.1 billion in contract value; 63% of capacity owned by top ten owners; and  charter rates still under pressure but recently recording limited improvements.

Maritime Reporter Magazine Cover Jul 2018 - Marine Communications Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News