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From lay-up to order boom: Car carriers race to replace flagging fleet

Last year car carriers were in lay-up, having struggled through a decade of abysmal earnings. But with sky-rocketing rates and an orderbook worth about $4bn-$6bn, depending on how much of the hyperbole you are prepared to believe, the niche car carrier market is turning heads

Global auto sales are still hobbled by the current supply deficit in microchips, but even with such headwinds pent-up cargo demand is revving up the under-supplied sector with current orders not hitting the water until 2024

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