China wants more – and bigger – car-carriers to meet export demand

China’s shipowners and carmakers are making a concerted push to grow their car-carrier fleets as exports increase. Cosco Shipping Specialized Carriers, carmaker BYD, and SAIC Anji Logistics plan to jointly invest around $2.5bn to build 21 11,000 ceu car-carriers in compatriot shipyards. Cosco Shipping is ordering up to 11 of the vessels, BYD is planning eight, and SAIC Anji, two. Xiamen Shipbuildi Read full article →