
MSC-controlled Global Car Carriers (GCC), formerly known as Gram Car Carriers, has ordered eight more LNG dual-fuel car carriers in China, expanding its newbuilding programme to 20 vessels worth more than $2bn. The new 8,600 ceu PCTCs will be built at China Merchants' Weihai yard (four ships), Guangzhou Shipyard International (two) and Fujian Mawei Shipbuilding (two). GCC's total orderbook now comprises sixteen 8,600 ceu vessels and four 7,000 ceu vessels, all at Chinese shipyards, with deliveries scheduled between 2028 and 2030. The programme has grown rapidly since MSC acquired the company in 2024 for about $700m. GCC was subsequently taken private and renamed earlier this year. As recently as July, the company had only 12 ships on order, meaning the fleet expansion plan has nearly doubled in just a few months. The latest orders come as demand for car carrier newbuildings rebounds, driven by a surge in Chinese vehicle exports that has tightened available PCTC capacity, with around 1 million cars now being shipped in containers due to the shortage of dedicated tonnage. At the same time, GCC is divesting older, smaller vessels, including two 2,000 ceu ships sold to Polaris Autoliners for about $44m in July.
China Merchants Jinling Shipyard (Weihai) Co.,Ltd.
FUJIAN MAWEI SHIPBUILDING LTD
MSC MEDITERRANEAN SHIPPING CO SA (GENEVA)