A run of new PCTC orders has been greeted with optimism by a leading analyst.
Glovis recently revealed it was following rivals Eukor, Zodiac and Ray in booking new vessels with a $214.5m spree.
Erik Nikolai Stavseth of Arctic Securities, said: “We see the move to fill the orderbook as positive for the car carrier segment as it indicates major players seeing higher demand for tonnage.”
He notes Glovis is paying $71.5m for each of its 6,700-ceu ships. This marks a rise from the $67.5m Eukor paid for its 6,500-ceu units.