Carriers

Maersk exit from car carrier could trigger consolidation

A consolidation may be underway among European car carriers, which are currently enjoying record-high rates, according to a new analysis.
Grimaldi, led by CEO Emmanuele Grimaldi, is identified by Vessel Value's analyst as a possible buyer of competitors. | Photo: Pr-foto
Grimaldi, led by CEO Emmanuele Grimaldi, is identified by Vessel Value's analyst as a possible buyer of competitors. | Photo: Pr-foto
by DANIEL LOGAN BERG-MUNCH

Car carriers are likely to have another record year in 2024 – and Maersk’s exit from Höegh Autoliners creates good opportunities for consolidation in the sector, projects Vessels Value.

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