Car carrier orderbook surge raises oversupply fears

The orderbook for pure car and truck carriers (PCTCs) has surged amid booming Chinese vehicle exports and elevated charter earnings, raising concerns that an expanding fleet could outpace demand as European restrictions on Chinese vehicle imports threaten to curb a key source of cargo growth. Greek brokerage Intermodal said last week that 82 PCTCs were contracted in the first nine months of 2026, Read full article →