News / Charter rates for PCTCs falling as tariffs put brake on EVs

Port of Antwerp & Zeebrugge Photo 150538842 © Drewrawcliffe Dreamstime.com

Car carrier Port of Antwerp & Zeebrugge. © Drewrawcliffe Dreamstime.com

10/03/2025

Charter rates for pure car and truck carriers (PCTCs) are expected to halve from their 2023 peak of more than $110,000 a day to $50,000 this year, according to Veson Nautical’s valuation platform VesselsValue.

VesselsValue cites high newbuilding deliveries resulting from massive orders in 2022 and 2023, amid a potential downside to demand for Chinese electric vehicles (due to tariffs and the abolition of US EV subsidies).

PCTC demand picked up after Covid subsided in 2022, ...

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Topics

pure car and truck carriers (PCTC) VesselsValue Wallenius Wilhelmsen Lines

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