About 20% of the world’s pure car and truck carriers are idled, Jasienski estimates

Ferry subsidies breach European law and unfairly advantage ro-pax players over pure freight competitors, company maintains

While pure car and truck carriers have been battling weak market conditions since the 2009 financial crisis, the coronavirus pandemic has heightened the pressure on the sector as operators struggle to cope with declining cargo volumes

‘It’s just one of those things. It shows the volatility of P&I, really’ — chief executive Paul Jennings

Two ro-ro cargo ships in Samskip’s fleet, which only run on LNG, will take in bunker fuel supplied by Gasum 

‘The extent of the coronavirus impact and when it will come to an end are still unclear, but it is expected that April through to June 2020 will be the worst period and the level of economic activities will gradually recover thereafter,’ the group said