Zim signs long-term charter deals for ten new 11,500 teu ships
Israeli container shipping line Zim has announced long-term charters for a series of ten new ...
Chang Tai Hong, one of CMES’ PCTCs Photo: VesselFinder
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, are believed to be the first PCTCs t0 burn methanol, and will be delivered between H2 25 and H1 26.
CMES, which launched ocean-going vehicle shipping operations last year, said: “Benefiting from the growth of China’s electric vehicles ...
Comment on this article