News / Tighter PCTC supply restricts China’s car-building boom

Artists impression of PCTC. Credit Guangzhou Shipyard International

The shortage of pure car and truck carriers (PCTCs) is set to become more acute as China stays on course to surpass Japan as the world’s largest car exporter.

China Association of Automobile Manufacturers statistics suggest China exported 3.1 million cars last year, up 54% year on year, exceeding forecasts of 2.4m.

Last year, Japan exported 4.36m cars, but China’s growth saw it overtake Germany as the world’s second-largest car exporter.

However, the supply of, and demand for, PCTCs to ship China’s car ...