For the first time in nearly four years, car carrier rates have dipped.
According to data from Clarksons, one-year time charters for both 6,500-ceu and 5,000-ceu car carriers slipped $5,000 to $110,000 per day and $90,000 per day, respectively, in April, with ABG Sundal Collier analyst Petter Haugen pointing to supply-side issues.
