Clarksons looks at car carrier trade trends
Last week brought a slew of reports about ever larger car carriers being ordered and designed.What’s all the buzz about? Despite electric vehicle sales disappointing automakers this year, a surge in global
car carriers
VIDEO: MOL opts for AI for car carrier fire protection
As Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) knows only too well from its own experience with the Liberty Ace incident, car carrier fires can be costly. To guard against future incidents, the
Neptune Lines orders two next-gen car carriers
Forecasts for global passenger car sales remain optimistic and car carrier specialists are responding by investing in new capacity. That includes Piraeus-headquartered Neptune Lines which has placed an order at China’s Fujian
Wallenius Wilhelmsen in LOI for up to 12 giant methanol dual fuel car carriers
Upping the ante in the car carrier size and greenness game, Oslo, Norway, headquartered Wallenius Wilhelmsen has signed a letter of intent with China Merchants Jinling (Jiangsu) for four 9,350 CEU (car
Wallenius Wilhelmsen to bring some ships out of cold lay up
The onset of the COVID-19 pandemic saw a significant reduction in demand for cargo-carrying capacity across the globe. In response, Oslo-headquartered Wallenius Wilhelmsen made the decision to recycle four of its 123
Car carrier cartel members hit with hefty European Commission fines
FEBRUARY 21, 2018 — The European Commission has imposed fines totaling EUR 395 million (about $487 million) on five car carrier companies involved in a cartel that ran from October 2006 to
Höegh Autoliners cops plea, will pay $21 million criminal fine
SEPTEMBER 26, 2017 — Norway’s Höegh Autoliners AS has agreed to plead guilty and pay a $21 million criminal fine for its involvement in a conspiracy to fix prices, allocate customers, and
Mexico slaps car carrier giants with antitrust penalties
JUNE 12, 2017 — COFECE, Mexico’s antitrust commission has imposed penalties totaling 581,660,000 pesos (about $32 million) on shipping companies involved in what it calls an international cartel operating in the motor
Volkswagen to charter two LNG fueled car carriers
OCTOBER 6, 2016 —The Volkswagen Group says that from 2019 it will use two LNG fueled vessels chartered Siem Car Carriers AS for vehicle shipments between Europe and North America. They will
K-Line cops plea, agrees to $67.7 million fine
SEPTEMBER 26, 2014 — Kawasaki Kisen Kaisha Ltd. (K-Line), has agreed to plead guilty and to pay a $67.7 million criminal fine for its involvement in a conspiracy to fix prices, allocate