Norway-based Ocean Yield has booked two pure car truck carriers of 8,500 car capacity with China-based Xiamen Shipbuilding Industry Co, backed by bareboat charter contracts to Höegh Autoliners.
Suggesting further potential for the domestic shipping industry Sumatra has opened a new vehicle import terminal at its biggest river port of Boom Baru.
Finland's Deltamarin has been awarded a EUR3.5m design contract on two car carriers to be built at Chinese yards Tianjin Xingang Shipbuilding Heavy Industry.
The Japan Coast Guard has confirmed that a car carrier owned by Norwegian Car Carriers (NOCC) did collide with a fishing vessel on 23 June, leading to the likely death of the trawler's captain.
Mitsui OSK Bulk Shipping (USA), subsidiary of Mitsui OSK Lines (MOL), is facing a class-action lawsuit concerning allegations of price fixing in the US car carrier market.
Singapore Shipping Corporation (SSC) has projected a $2m decline in income in the new 2014 financial year from vessel off-hire, but remains confident it will remain in the black.
The Jacksonville Port Authority (Jaxport) has received the first call from Bahri General Cargo (formerly the National Shipping Company of Saudi Arabia) following an agreement in March.