China’s Vehicle Export Boom Tightens PCTC Market Again　中国車輸出1,000万台時代へ　PCTC市場に再び船腹不足

Value of 342-Vessel Fleet Operated by Japan’s Three Major Shipping Groups Gains Strategic Importance

日本海運大手3社342隻船隊の価値高まる

According to the China Association of Automobile Manufacturers (CAAM), China’s vehicle exports reached 1.037 million units in June 2026, surpassing the one-million mark for the first time in a single month.

According to Veson Nautical, the one-year time charter index for a 6,500 CEU Pure Car and Truck Carrier (PCTC) has risen by approximately 45% since the beginning of the year, reaching around US$63,000 per day. The combined fleet operated by NYK, MOL and K Line totals 342 vessels, reinforcing the strategic importance of one of the world’s largest finished vehicle logistics networks.

■The full article (approximately 2,000 words in Japanese) covers the following topics:

→ China’s finished vehicle exports are moving towards the 10-million-unit mark annually, fundamentally reshaping the outlook for the PCTC market.

→ Expectations of fleet oversupply at the beginning of the year have reversed, with the rapid expansion of Chinese exports tightening the PCTC market once again.

→ Growing exports to long-haul destinations such as Brazil are emerging as a new driver of demand for vehicle carriers.

→ The diversion of finished vehicle shipments to container vessels is expected to expand to around 2 million units annually, while investment in newbuilding programmes accelerates once again.

→ An analysis of the competitiveness of the combined 342-vessel fleet operated by NYK, MOL and K Line from the perspective of global finished vehicle logistics.

Reference:

Veson Nautical, “China’s Vehicle Export Machine: How Chinese OEMs Are Reshaping Global Car Carrier Demand,” Andrea De Luca, July 2026.

(The remainder of this article is available in the subscriber-only edition published in both English and Japanese. The Japanese version follows the English text.)

Photo courtesy of BYD

中国車輸出1,000万台時代へ

PCTC市場に再び船腹不足、日本海運大手3社342隻船隊の価値高まる

　中国自動車工業協会（CAAM）によると、2026年6月の自動車輸出台数は103万7,000台となり、単月として初めて100万台を突破した。Veson Nauticalによると、6,500台積み自動車専用船の1年定期用船料指数は年初から約45％上昇し、足元では日建て約6万3,000ドルとなっている。日本郵船、商船三井、川崎汽船が運航する船隊を合計すると342隻となり、世界最大級の完成車物流ネットワークとして、その戦略的重要性が改めて高まりつつある。

■記事本文では以下の内容を読むことができます（記事全文約2,000文字）

→ 中国の完成車輸出は年間1,000万台時代が現実味を帯び、自動車船市場の前提が大きく変化

→ 年初の「船腹過剰」予想は一転、中国輸出拡大でPCTC市場は再び引き締まりへ

→ ブラジルなど長距離航路向け輸送の増加が、自動車船需要を押し上げる新たな要因に

→ コンテナ船への代替輸送は年間約200万台規模へ拡大、新造船投資も再び活発化

→ 日本郵船・商船三井・川崎汽船342隻船隊の競争力を、世界の完成車物流の視点から分析

（続きは英語と日本語で書かれた有料版の本文でお読みください。日本語の記事は英文記事に続いて掲載されています）