Record 2m cars tipped to move in containers as China outgrows car carrier fleet

AI Summary

A record two million cars are expected to be shipped globally in containers instead of dedicated car carriers this year. This shift provides a significant boost to container shipping as China's vehicle exports exceed available roll-on/roll-off capacity.

A record two million cars are expected to be shipped around the world on vessels other than dedicated car carriers this year, providing a significant boost for container shipping as China’s vehicle exports continue to outpace available roro capacity. According to Veson Nautical, the use of container ships to transport light vehicles has evolved from …