It is understood that the amount of losses at that time exceeded US$280 million. More than half a year later, the market resources of the automobile transport ship are still in short supply. Recently, industry information agency VesselsValue said that the car transport ship marke

text: Original by Dongchedi Li Dezhe

[Original by Dongchedi Industry] Do you still remember the Volkswagen Group transport ship that caught fire at sea at the beginning of this year? It is understood that the amount of losses at that time exceeded US$280 million (about RMB 1.7 billion).

At the beginning of this year, Volkswagen Group transport ships caught fire at sea and more than half a year later, the market resources of the automobile transport ships are still in short supply.

Recently, industry information agency VesselsValue said that the car transport ship market is entering a bull market. Data research shows that in May 2008, the one-year rental price of automobile transport ships was US$52,500 per day, a record. But by October this year, the rental level has risen to US$90,000 per day, up more than 70% from the peak price 14 years ago.

VesselsValue analysts predict that car roll-ro ship freight will continue to increase in the second half of this year. By 2023, the average daily income of car transport ship will reach US$125,000, and may even reach a high of US$150,000 (about 1 million yuan).

Freight for car roll-on ships will continue to increase in the second half of this year

It is worth mentioning that my country's automobile exports set a new record this year. Data shows that in the first three quarters of this year, my country's automobile companies exported 2.117 million vehicles, exceeding the whole year of last year.

From January to September this year, automobile companies' exports of increased by 55.5% year-on-year. By car model, passenger cars exported 1.696 million, an increase of 60.1% year-on-year; commercial vehicles exported 422,000, an increase of 39.2% year-on-year. 389,000 new energy vehicles were exported, an increase of more than 1 times year-on-year.

BYD orders 8 transport ships to support export

Not long ago, foreign media reported that BYD plans to order up to 8 7700 CEU liquefied natural gas dual fuel vehicle transport ships (PCTCs) to cope with the transportation needs brought about by the rapid overseas expansion. In addition to BYD, Anji Logistics, a self-operated subsidiary of SAIC Group, also ordered five ro-roll and roll ships in the first half of this year.