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PCTC orderbook growth fuels oversupply concerns
A sharp rise in pure car and truck carrier orders, driven by Chinese vehicle exports and elevated charter earnings, is raising concerns that new capacity could exceed demand as European import restrictions threaten cargo growth.
Greek brokerage Intermodal reported that 82 PCTCs were contracted in the first nine months of 2026, compared with nine vessels ordered in all of 2025. The orderbook has expanded amid booming Chinese vehicle exports and elevated charter earnings.
The surge raises the risk that an expanding fleet could outpace demand. A key source of cargo growth is also under threat from European restrictions on Chinese vehicle imports.
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