Tarago transiting the Port locks with a tug
ID 150538842 © Drewrawcliffe | Dreamstime.com

In the face of declining demand for cars in mature markets, shipping lines specialising in shipping them are ordering virtually no new vessels and are increasingly looking at port investments to improve profitability.

According to new analysis from Drewry Maritime Advisers, some 22.8 million finished vehicles were carried on the oceans last year, a growth of 1%, and its new report, Finished Vehicles Annual Review and Forecast 2019/20, says the trade will likely see similar growth this year.

And this is despite ...

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