{"id":47765,"date":"2025-04-03T14:14:22","date_gmt":"2025-04-03T12:14:22","guid":{"rendered":"https:\/\/maritimefinance.eu\/?p=47765"},"modified":"2025-04-04T14:56:27","modified_gmt":"2025-04-04T12:56:27","slug":"modest-march-activity-but-rates-remain-healthy","status":"publish","type":"post","link":"https:\/\/maritimefinance.eu\/da\/modest-march-activity-but-rates-remain-healthy\/","title":{"rendered":"Modest March activity, but rates remain healthy"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"47765\" class=\"elementor elementor-47765\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-58879b0 e-flex e-con-boxed e-con e-parent\" data-id=\"58879b0\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4045524 elementor-widget elementor-widget-image\" data-id=\"4045524\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1200\" height=\"400\" src=\"https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M4_article_3_cropped.jpg\" class=\"attachment-1536x1536 size-1536x1536 wp-image-47709\" alt=\"Modest March activity, but rates remain healthy-EMF-Maritimefinance\" srcset=\"https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M4_article_3_cropped.jpg 1200w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M4_article_3_cropped-300x100.jpg 300w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M4_article_3_cropped-1024x341.jpg 1024w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M4_article_3_cropped-768x256.jpg 768w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M4_article_3_cropped-18x6.jpg 18w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d685fe elementor-widget__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"5d685fe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h4 style=\"font-weight: 400;\">Chinese car sales booming as US tariffs loom<strong>\u00a0<\/strong><\/h4><p style=\"font-weight: 400;\">Unlike the more dynamic movements seen in the tanker and LPG markets, the PCTC segment remained relatively quiet throughout March \u2014 something that\u2019s not unusual for this sector, which tends to be more stable by nature.<\/p><p style=\"font-weight: 400;\"><strong>2025 off to quiet but healthy start<br \/><\/strong>While time charter rates have eased from the record highs of 2023 and 2024, they continue to trade at strong levels well above breakeven, offering healthy returns and supporting the segment.<\/p><p style=\"font-weight: 400;\"><strong>US tariffs\u00a0a potential for disruption<br \/><\/strong>One development worth monitoring is the US announcement of a 25% import tariff on cars and light trucks manufactured outside the country, which is scheduled to take effect from April 3rd. Given the United States\u2019 position as a major importer of European, Japanese, and Chinese vehicles, this could lead to future trade flow changes.<\/p><p style=\"font-weight: 400;\"><strong>Huge rise in Chinese car exports<br \/><\/strong>On a more positive note, Chinese vehicle exports rose nearly 20% year-on-year in the first two months of 2025, reaching approximately 880,000 units. The most substantial growth was seen in exports to the Middle East (+82%), followed by Europe (+8%), while exports to Russia declined by around 20%.<\/p><p style=\"font-weight: 400;\"><strong>Last, but not least: Electric Star delivered!<br \/><\/strong>We&#8217;re also pleased to share progress on our own PCTC fleet development. Our first vessel, Electric Star, was successfully delivered earlier this month. The second vessel, Green Star, is on track for launch in mid-April, with expected delivery in early summer 2025. Construction is proceeding as planned.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0587c2 elementor-widget elementor-widget-image\" data-id=\"c0587c2\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"266\" src=\"https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M-4_article_3_montage-1024x341.jpg\" class=\"attachment-large size-large wp-image-47710\" alt=\"Electric Star-EMF-Maritimefinance\" srcset=\"https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M-4_article_3_montage-1024x341.jpg 1024w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M-4_article_3_montage-300x100.jpg 300w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M-4_article_3_montage-768x256.jpg 768w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M-4_article_3_montage-18x6.jpg 18w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M-4_article_3_montage.jpg 1200w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0ef65d0 elementor-widget elementor-widget-text-editor\" data-id=\"0ef65d0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>Our PCTC carrier Electric Star under construction in Raffles Shipyard, Yantai, China.<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78c3262 elementor-widget elementor-widget-image\" data-id=\"78c3262\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"266\" src=\"https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M-4_article_3_montage_2-1024x341.jpg\" class=\"attachment-large size-large wp-image-47711\" alt=\"Green Star-EMF-Maritimefinance\" srcset=\"https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M-4_article_3_montage_2-1024x341.jpg 1024w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M-4_article_3_montage_2-300x100.jpg 300w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M-4_article_3_montage_2-768x256.jpg 768w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M-4_article_3_montage_2-18x6.jpg 18w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2025\/04\/M-4_article_3_montage_2.jpg 1200w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-816bf92 elementor-widget elementor-widget-text-editor\" data-id=\"816bf92\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>Our PCTC carrier Green Star under construction in Raffles Shipyard, Yantai, China.<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fd6f98b elementor-widget elementor-widget-text-editor\" data-id=\"fd6f98b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><em>Source: Clarksons<\/em><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Chinese car sales booming as US tariffs loom\u00a0 Unlike the more dynamic movements seen in the tanker and LPG markets, the PCTC segment remained relatively quiet throughout March \u2014 something that\u2019s not unusual for this sector, which tends to be more stable by nature. 2025 off to quiet but healthy startWhile time charter rates have [&hellip;]<\/p>","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[70,68],"tags":[],"post_folder":[73,13],"class_list":["post-47765","post","type-post","status-publish","format-standard","hentry","category-en","category-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - 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