The highly lucrative car carrier sector is nearing a big change characterised by higher levels of newbuilding deliveries, analysts believe.
Clarksons Securities said: “The car carrier industry is at a critical tipping point.”
Last year, net fleet growth was modest at about 1%, but is expected to increase to 9% or 10% in 2025 and 2026, with an average growth rate of around 5% this year, analysts led by Frode Morkedal said.