China’s EV Export Boom is Driving up Demand for RoRo Ships

cargo ship running in the ocean, Ro-Ro Ship for import export shipping cars by Vessel Freight forwarding service ship, Logistics transportation dealer shipping Cars Cars Export Terminal.

China’s electric car export boom has fueled demand in the country for automobile transport ships, driving up prices for foreign buyers. Overall, in March, Chinese ship exports fell 5.9% year-on-year by quantity in March to 399, after steadily rising for most of this decade. By value, they increased 34% to $3.1 billion. So called Roll-on/roll-off,… Continue reading China’s EV Export Boom is Driving up Demand for RoRo Ships