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market1 min readSource: The Loadstar

Cosco finds a way round car-carrier shortage to get BYDs to Brazil

#cosco-shipping#byd#electric-vehicles#shipping-logistics#brazil#china#car-carrier-shortage
Cosco Shipping Specialized Carriers, has started shipping BYD electric vehicles in frame containers to Brazil from Zhuhai Port, in China’s Guangdong province. The move is a solution to the shortage of car-carrier vessels (PCTCs) and meet the high demand from Brazil, which is now the largest importer of Chinese cars, buying $5.2bn-worth between January and May. The first such shipment took place last week from the port’s Gaolan Container Terminal, when 1,408 ... The post Cosco finds a way round car-carrier shortage to get BYDs to Brazil appeared first on The Loadstar .