Chinese EV boom fuels demand and charter rates for car-carriers
AI Summary
Demand for Chinese electric vehicles is driving up charter rates for modern car-carriers, with rates approaching $100,000 per day. This surge reflects the expanding exports of EVs from China, impacting maritime shipping and logistics.
Charter rates for modern car-carriers are moving towards the $100,000 a day mark again – powered by rising demand for Chinese electric vehicle exports. The post Chinese EV boom fuels demand and charter rates for car-carriers appeared first on The Loadstar.
Markets Commodities Shipping Chinese EV car-carriers charter rates shipping electric vehicles maritime transport exports