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International Roro Ship Management

Car carrier sector shows signs of recovery

Car sales crept up toward pre-pandemic levels toward the end of the year. Tonnage is getting scarce, and an ‘extremely low’ orderbook bodes well for future earnings, MSI research director Niklas Carlen says

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The car carrier market looks set to improve later this year after its nadir in the middle of 2020. Wallenius Wilhelmsen is bringing nine of 16 ships out of cold layup. But coronavirus continues to cloud the future, with a return to normal far from certain.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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