Car Carriers
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Asia
H-Line back in Guangzhou for more car carriers
H-Line has eschewed ordering on home soil for its latest fleet expansion. Multiple broking reports list the Korean outfit ordering…
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Operations
Car carriers race to new rate highs
This year has seen record rates for many ship types with containers and LNG grabbing most headlines. Also cruising to…
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Operations
Gram Car Carriers bags pair of long-term extensions
Oslo-listed Gram Car Carriers has further boosted its contract backlog by having sealed a charter extension for two ships. The…
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Operations
Gram Car Carriers adds close to $128m in long-term deal for two ships
Oslo-listed Gram Car Carriers has sealed two five-year timecharter deals with a major operator for its mid-size vessels Viking Diamond…
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Finance and Insurance
Höegh Autoliners takes $53.2m option to buy car carrier from Ocean Yield
Norway’s Höegh Autoliners has declared an option to purchase the 2016-built 8,500 ceu PCTC , currently on bareboat charter from…
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Operations
COSCO develops tech to transform pulp ship into a car carrier
In the unprecedented shipping markets witnessed during the pandemic, cargo types have migrated to all manner of alternate vessels, a…
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Operations
Gram Car Carriers seals new charter deal and pair of extensions
Norway’s Gram Car Carriers (GCC) has secured a new charter deal and two extensions for its 2,000 ceu vessels, estimated…
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Operations
Gram Car Carriers banks close to $56m on new five-year charter with Zim
Norway’s Gram Car Carriers (GCC) has sealed a new five-year charter deal worth approximately $55.8m for the 4,200 ceu Viking…
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Operations
Car carrier grounds off Russia after suffering hull breach in the Black Sea
A Cameroon-flagged car carrier was grounded in the Black Sea off the coast of the Russian town of Tuapse after…
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Operations
SAIC Anji Logistics books car carrier trio at Jiangnan
SAIC Anji Logistics, the shipping subsidiary of car maker SAIC Motor has returned to Jiangnan Shipyard with a new contract…
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Operations
Gram Car Carriers secures $73m for six-year charter
Norway’s Gram Car Carriers (GCC) has sealed a new six-year charter deal worth approximately $72.9m for the 5,000 ceu .…
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Operations
Car carrier rates accelerate to record levels
Car carriers are, like their peers in containers and LNG, enjoying record rates this year, having accelerated very fast from…
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Asia
MOL orders four more LNG-powered car carriers
Japan’s Mitsui OSK Lines (MOL) has revealed it has ordered four more LNG-powered car carriers at two local yards. Nihon…
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Operations
Höegh Autoliners lines up more car carriers at China Merchants Heavy
Norway’s Höegh Autoliners has exercised an option at China Merchants Heavy Industry to build an additional four 9,100 ceu multi-fuel…
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Europe
Gram Car Carriers investors launch new company with orders for up to eight new PCTCs
Investors in Gram Car Carriers (GCC) have formed a new company and ordered a series of ships in China. Global…
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Operations
Car carrier firms start to turn away used EVs in wake of spate of serious fires
Shipping operators are turning away transporting risky used electric vehicles (EVs) in greater numbers.Japan’s Mitsui OSK Lines (MOL) is the…
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Operations
Gram Car Carriers seals $35m extension with Seven Seals
Norway’s Gram Car Carriers has secured an extension to its current contract with Japan’s Seven Seals for the 3,500 ceu…
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Environment
First Chinese ammonia-fuelled car carrier seals design approval
Shanghai Merchant Ship Design and Research Institute (SDARI) has gained approval in principle from DNV for the design of an…
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Operations
Gram Car Carriers seals new contract in charter swap deal
Norway’s Gram Car Carriers (GCC) has secured a new five-year charter worth approximately $51m for the 4,200 ceu . The…
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Operations
Car carrier rates hit record highs
Car carrier rates are hitting record highs according to new research from VesselsValue. Eastern Pacific’s 2008-built, 4,902 ceu was fixed…
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