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Sustainability Roro Shipbuilding

Newbuildings surge drives correction in vehicle carrier values and charter rates

  • Record levels of newbuilding pure car and truck carriers have caused sharp reductions in secondhand vessel values and charter rates since peaking in 2024
  • More than 70 new PCTCs entered the global fleet in 2025, with minimal removals since 2020
  • Despite declines, charter rates and asset values remain above 10-year historical averages

  • Analysis

Fleet growth of over 9% in 2026 is expected to significantly outpace cargo demand growth, while further downside will come from Red Sea stabilisation

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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