Dynamar: Car Carries Get Bigger as Transport Demand Shrinks

Image Courtesy: Hoegh Autoliners

While global production of motor vehicles continues to grow, rising by 4.6% in 2016, the seaborne trade volumes of cars carried declined by some 4% last year, according to a report by Dynamar.

The key driver of this is the expansion of car production closer to demand, which is nowadays taking place in more than 50 countries worldwide. This development, which started after crisis year 2009, has now led to a disconnect between expanding global car sales and seaborne trade volumes.

Dynamar’s report also shows that the ships of the top 15 vehicle carrier operators are calling at 340 ports in 150 countries worldwide.

The large car and truck carrier (LCTC) units have a minimum capacity for 7,000 CEU. The largest of these are the PostPreviousPanamax (PPP), which are too big to pass through the original Panama locks. As of June last, 47 PPP LCTCs were operating with another 45 on order. The six largest of these, with capacities of 8,500 CEU, are operated by Hoegh Autoliners.

“The question is, alike with 22,000 TEU container ships whether given recent market dynamics such huge vessels are not a bridge too far,” Dynamar said.

For the first time since 2010, the number of vehicle carriers reduced by just twelve units in the 18 months between January 2016 and June 2017. In the same period, from the first month of 2010 onwards, the conventional Ro/Ro deepsea and shortsea fleet fell by no less than 170 ships.

The two segments are going through an opposite development, while the one is contracting, the other is in the expansion mode.

As of June 2017, the five largest deepsea conventional Ro/Ro operators combined deployed a fleet of 76 Ro/Ro ships with total 2.37 million dwt. Their fleet then constituted 36% of the world deepsea conventional Ro/Ro fleet.

As of 1 June 2017, world’s five largest vehicle carrier operators combined deployed a fleet of 501 PCC, PCTC and LCTC units, with a total carrying capacity of 2.82 million CEU. Their fleet then constituted a CEU share of 72% of the world vehicle carrier fleet.

Share this article

Follow World Maritime News

In Depth>


<< Dec 2017 >>
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Maritime Reconnaissance and Surveillance Technology

Over the past few years, maritime intelligence gathering and ISR capabilities have returned to the forefront of the defence industry…

read more >


Clarify regulations. Plan BWMS integration. Prevent operational failure…

read more >

Mega Cargo Show 2018

The focus of the event is to bring all connected with cargo fraternity on a single platform…

read more >

Vietship 2018

Vietship is the largest and longest established exhibition in Vietnam featuring all aspect of Shipbuilding, Shipping and Offshore Technology.

Since its first event in 2002, Vietship has become the convergence and platform of advanced technologies regional and worldwide in shipbuilding and ship repair, marine equipment, waterway transportation and services, marine and offshore engineering.

After 16 years of eight consecutive editions, Vietship has affirm itself as an important event in enhancing cooperation and development, attracting investments, exchanging technology and creating ideal opportunities for trade promotion in the international maritime industry.

More info

read more >