Contrasting ship sector fortunes have been mirrored in South Korea the place French automotive big Renault has began transport model new automobiles in containers to keep away from prohibitively excessive prices related to the automotive provider sector.
Automotive provider fortunes have been hitting document figures for the previous 15 months, whereas container earnings have slid from their all-time highs within the corresponding interval.
Whereas transferring secondhand automobiles by container is commonplace, transport new automobiles in packing containers is uncommon.
Renault Korea Motors is now shifting a lot of its compact SUV XM3 Arkanas from its Busan plant in 40-foot packing containers, in a position to squeeze three automobiles in every field, whereby the center automotive is tilted as much as make manner for the third one.
Renault has stated it can now be transport some 1,500-1,700 Arkana automobiles to Le Havre from Busan each month with plans to start out transport new automobiles in containers to different locations together with the US, Belgium, Italy, Mexico and Australia.
“New automobiles in containers can work properly. In a 40HC, with a few ramps, you may get three average-sized automobiles in,” commented Andy Lane from Singapore-based container advisory CTI Consultancy, cautioning that terminal dealing with prices and inland distribution may very well be dearer than automobiles moved by automotive carriers.
Whereas there are actually a document variety of automotive carriers on order, with the Chinese language to the fore, at current there’s a scarcity of accessible automotive carrying capability worldwide, mirrored within the hovering charges surroundings.
Final yr, China’s COSCO debuted a brand new naval invention to fight this scarcity, developing with a foldable automotive body, the place automobiles can then be stacked into pulp carriers.