News / Wider distribution of car factories leading to car-carrier vessel overcapacity

© Filippos Nikolakopoulos

Systemic changes in car production could be leading to a surplus of vessels operating the deepsea car-carrying business.

A new report from liner consultancy Dynamar says: “While global production of motor vehicles continues to grow, by 4.6% in 2016, the number of cars carried declines: some 4% last year.

“The key driver of this is the expansion of car production closer to demand. This development, which started after crisis year 2009, has now led to a disconnect between expanding global car sales and seaborne trade ...