Investment in new vehicle carriers and
roll-on/roll-off (Ro/Ro) tonnage has significantly boosted the order book to
record levels, even amid signs of slowing global light vehicle production,
according to analysts. Recent activity has seen an influx of new orders and
increases to existing orders from notable companies such as CIDO Shipping,
short-sea Ro/Ro operator CLdN, and the privately owned Wallenius Wilhelmsen. As
a result, the order book has expanded to encompass 217 car carriers, amounting
to a total of 4.7 million deadweight metric tons (dwt). This marks a
substantial 14.6% increase from the 4.1 million dwt recorded in January. The
data, released on Friday by shipbroker Clarkson’s, highlights the growing
demand for these specialized vessels. In terms of tonnage, the current total
represents 36.2% of the existing fleet, which stands at 13.1 million dwt. This
surge in orders reflects not only the resilience of the car carrier market but
also the strategic moves by shipping companies to adapt to changing market
dynamics and future demand. The ongoing investment suggests confidence in the
long-term viability of vehicle transport, despite the current fluctuations in
light vehicle production.

