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According to data from the German shipping loan bank DVB bank SE, with the growth of US car sales, car ro-ro ship rentals have risen by 33%.
The daily rent for ro-ro ships that can transport 6,000 cars is about $30,000, which is 11% higher than the average price of $22,500 in the first 11 months of last year. The DVB data comes from London's shipping consulting company, Marine Securities Limited.
According to data released by General Motors in the United States, its car sales in the United States increased in February. Analysts of automakers such as Ford, Chrysler and Nissan also believe that the current market situation is the best period since May 2008. According to data from the China Association of Automobile Manufacturers, sales of Chinese cars will rise by 8% today.
DVB said, "In the face of negative news from the European and American markets, the impact of market sentiment and economic index, the emerging automobile consumer market has withstood the test." DVB forecasts that demand for the global automotive transportation market will grow by 8% this year.
In 2009, in the face of the huge decline in car traffic in the last quarter of last year, the daily rent of car ro-ro ships fell to 12,000 US dollars. Under normal circumstances, the ro-ro ship is leased for 5 years.
There are currently 818 ro-ro ships in the world that can carry about 3.6 million vehicles at the same time. According to DVB, it is conservatively estimated that the number of auto ro-ro ships will increase by 5% this year and will increase by 3% in 2013. As the Ro-Ro ships under construction continue to operate, the market situation that is currently in short supply will reach a balance around 2013. In the past three years, in the context of the ship company's continuous reduction of capacity and control of the number of ships, the capacity of ro-ro ships has increased by 14%.
According to DVB data, the current six largest auto transporters in the market have split 57% of the ro-ro shipping capacity and three-quarters of the market share. Tokyo, Japan, Japan, with 70 ships, ranking first in the world. Followed by Mitsui, a merchant ship with 60 ships and 43 ships, and Cido Shipping Co., Korea.