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No love for car carrier rates eitherEnd of the party looms for car carriers as newbuilding armada awaits VesselsValue’s Dan Nash argues that 2023 will be the last year of record rates 24 January 2023 14:12 GMT UPDATED 24 January 2023 14:12 GMT By Gary Dixon in London for TradeWinds Car carrier owners have one more year to enjoy phenomenal freight and charter rates before a big slate of newbuildings puts an end to the party. This is according to VesselsValue’s head of ferry, ro-ro and vehicle carriers, Dan Nash, who calculates companies have spent $6.07bn over the last year on 65 newbuildings, up 32% from 2021. Last year was characterised by record rates and delays on the main transatlantic and Asia to Europe liner services. |
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