China's largest dual-fuel driven car-carrying vessel set sail on its maiden voyage from Shanghai to Europe on Wednesday, supporting the country's vehicle exports, according to China Media Group.
The maiden voyage of the vessel will transport a total of 5,000 China-made vehicles to Europe after setting sail from Shanghai and refill at other Chinese ports. At least half of the shipped belong to new-energy vehicles.
The vessel was the first car carrier invested by Chinese ship owner, the SAIC Anji Logistics Co, with largest capacity among world's in-service car carriers, which has a maximum capacity of 7,600 vehicles with over 40,000 tons of displacement. It dual-fuel engine can reduce 40 percent of CO2 emission, according to the report.
Data from China's General Administration of Customs showed that China exported 5.221 million vehicles in 2023, rising 57.4 percent year-on-year.
Shanghai Waigaoqiao port, China's largest port for vehicle export, realized a record 1.025 million vehicle export in 2023, thepaper.cn reported on Wednesday.
To match the nation's newfound strength in the emerging field of vehicle exports, Chinese shipyards are running at full throttle to keep up with demand from shipping companies as well as auto manufacturers.
Over the next three years, a total of 14 car carriers with various capacity levels will join SAIC Anji Logistics Co's transport fleet, further supporting exports of Chinese auto brands, said the report.