News / Import restrictions may put the brake on PCTCs bringing EVs from China

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Europe’s environmental targets are to keep deepsea ro-ro rates out of China high in the near- to medium-term, despite penalties being imposed on the Asian giant for state subsidies.

Pointing to negative sentiment surrounding the car-carrier market in the summer, Andrea De Luca, maritime analyst at Veson Nautical, said EU penalties imposed upon Chinese state subsidies had taken a chunk of confidence out of the car-carrier market.

Mr De Luca said import tariffs of up to ...