Business still booming for car-carriers, but headwinds on the way

Photo 51139855 © Emmanouil Pavlis - Dreamstime.com

29/10/2018

Automotive shipping is still on the up, having hit a low point in 2016, further gains are expected, thanks to improving utilisation levels, according to Drewry.

Shipping of finished vehicles grew 6% last year, but there has been a dearth of orders for new car-carrying vessels, reports the analyst.

Head of car ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber