Car carrier owners seem unfazed by the incoming glut of newbuildings.
The orderbook currently stands at 31% of the global fleet, according to statistics from Wallenius Wilhelmsen, a percentage number one would expect to loom over a market where owners are consistently reporting robust quarters and, in some cases, record line item results.
But the market is so tight automakers are putting their vehicles in containers — giving reason to believe the market will sop up that new tonnage.
