In the first quarter of this year, China has exported 1.07 million vehicles and overtaken Japan to become the largest exporter of vehicles at the first time. The substantial growth of vehicle exporting has resulted in the “shortage of space” of vehicle transporting vessels. Both shipping companies and car companies are rushing to book vessels. In the past, there was no shipyard in China being able to build large-scale vehicle RO-RO Vessel. But now, many shipyards are seizing this rare market opportunity to achieve the zero breakthrough. In 2022, China took 88.4% of the tonnage among the globally 74 orders of vehicle transporting vessel

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