News / China Merchants joins car export boom with order for new PCTCs

Chang Tai Hong, one of CMES’ PCTCs Photo: VesselFinder

31/03/2023

The car-carrying market continues to expand, and China Merchants (CMES), the second-largest state-owned shipping group has ordered two 9,300-unit methanol-powered pure car and truck carriers (PCTCs) from its affiliate, China Merchants Heavy Industry, with options for another four of the ships.

The newbuildings, at $96m each, ...

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