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日本海事新聞ニュース Japan Maritime Daily Dec 10, 2025 (Wed)

PCTC Supply Tightness Persists - Red Sea Detours and Increased China Exports

Port congestion and environmental regulations also contribute to reduction in supply

　The timing of supply and demand balancing for PCTCs, which transport automobiles, construction mach ・・・続きはログインして下さいnext %E3%80%80The+timing+of+supply+and+demand+balancing+for+%3Cb%3EPCTC%3C%2Fb%3Es%2C+which+transport+automobiles%2C+construction+machinery%2C+etc.%2C+is+later+than+expected.+It+was+initially+thought+that+supply+and+demand+would+be+balanced+in+the+second+half+of+this+year+when+a+large+number+of+new+ships+would+be+completed%2C+but+the+tight+supply+and+demand+situation+remains.+Shipping+industry+insiders+point+out+that+the+continued+detouring+around+the+Red+Sea+is+preventing+an+easing+of+the+supply+and+demand+for+tonnage.+There+is+also+a+view+that+the+expansion+of+cargo+movements+from+China+is+boosting+demand+for+tonnage%2C+while+port+congestion+and+environmental+regulations+are+also+restricting+supply.+%3Cbr%3E+%3Cbr%3E%E3%80%80An+official+from+a+shipping+major+said%2C+%E2%80%9CWe+had+expected+that+supply+and+demand+for+%3Cb%3EPCTC%3C%2Fb%3Es+would+be+balanced+by+the+end+of+2025%2C+but+even+now+there+is+a+slight+shortage+of+ships%2C+so+we+are+not+able+to+fully+meet+shippers%E2%80%99+transportation+demands.%E2%80%9C+%3Cbr%3E%E3%80%80In+the+%3Cb%3EPCTC%3C%2Fb%3E+market%2C+it+was+expected+that+the+supply+and+demand+for+tonnage+would+ease+in+2025+when+a+large+number+of+new+ships+would+be+completed.+This+is+because+the+number+of+ships+to+be+completed+in+2025+is+expected+to+exceed+70%2C+exceeding+the+number+completed+during+the+shipping+bubble+period+before+the+Global+Financial+Crisis.+%3Cbr%3E%E3%80%80Many+of+the+newly+built+ships+are+large+vessels+that+can+carry+7%2C000-8%2C000+vehicles%2C+and+the+overall+transport+capacity+of+%3Cb%3EPCTC%3C%2Fb%3Es+is+increasing+at+a+rate+greater+than+the+increase+in+the+number+of+ships.+Despite+this%2C+the+supply+and+demand+shortage+has+not+been+resolved.+%3Cbr%3E%E3%80%80Over+130+new+ships+have+been+put+into+service+in+the+three+years+since+2023%2C+but+one+of+the+main+reasons+for+the+continued+tight+supply+and+demand+situation+for+%3Cb%3EPCTC%3C%2Fb%3Es+is+the+detouring+of+the+Suez+Canal.+%3Cbr%3E%E3%80%80Currently%2C+major+%3Cb%3EPCTC%3C%2Fb%3E+operators%2C+including+Japanese+big+carriers%2C+are+choosing+the+Cape+of+Good+Hope+route+for+Asia-Europe+routes.+The+reason+is+that+increasing+geopolitical+risks+have+made+it+difficult+to+ensure+the+safety+of+the+Red+Sea%2C+which+connects+to+the+Suez+Canal.+%3Cbr%3E%E3%80%80%E2%80%9CK%E2%80%9DLine+estimates+that+the+longer+transport+distance+due+to+the+bypass+of+the+Suez+Canal+has+the+effect+of+reducing+the+supply+of+%3Cb%3EPCTC%3C%2Fb%3Es+by+5-6%25.+%3Cbr%3E%E3%80%80In+addition+to+bypassing+the+Suez+Canal%2C+some+believe+that+China%E2%80%99s+expanding+car+exports+are+boosting+demand+for+%3Cb%3EPCTC%3C%2Fb%3Es.+%3Cbr%3E%E3%80%80According+to+a+report+by+the+China+Association+of+Automobile+Manufacturers%2C+the+number+of+automobile+exports+from+January+to+October+this+year+increased+significantly+by+15.7%25+compared+to+the+same+period+last+year+to+5.616+million+vehicles.+There+is+a+noticeable+increase+in+exports+to+Mexico.+The+demand+for+tonnage+may+be+driven+by+an+increase+in+the+number+of+exports+and+a+shift+to+sea+transport.+%3Cbr%3E%E3%80%80However%2C+while+it+is+true+that+the+expansion+of+automobile+exports+from+China+is+having+a+major+impact+on+demand+for+%3Cb%3EPCTC%3C%2Fb%3Es%2C+it+is+difficult+to+grasp+the+extent+of+the+impact.+%3Cbr%3E%E3%80%80This+is+because+some+goods+are+exported+to+neighboring+countries+by+land%2C+and+some+of+the+goods+exported+by+ship+are+transported+on+types+of+vessels+other+than+%3Cb%3EPCTC%3C%2Fb%3Es%2C+such+as+container+ships+and+open-hatch+bulkers.+%3Cbr%3E%E3%80%80In+addition%2C+port+congestion+in+Latin+America+and+other+regions+and+ship+speed+restrictions+imposed+by+CII+%28Carbon+Intensity+Indicator%29+regulations+also+appear+to+be+factors+tightening+supply+through+a+decline+in+ship+utilization+rates.+%3Cbr%3E%E3%80%80%E2%96%A0+Charter+rates+bottom+out+%3Cbr%3E%E3%80%80As+it+is+taking+time+for+the+supply+and+demand+for+%3Cb%3EPCTC%3C%2Fb%3Es+to+balance%2C+charter+rates+charged+when+shipowners+and+operators+lease+%3Cb%3EPCTC%3C%2Fb%3Es+have+also+stopped+falling.+%3Cbr%3E%E3%80%80Current+charter+rates+for+a+one-year+charter+period+are+%2440%2C000-%2445%2C000+per+day+for+a+large+ship+with+a+capacity+of+6%2C400+vehicles%2C+and+%2425%2C000-%2430%2C000+per+day+for+a+medium-sized+ship+with+a+capacity+of+4%2C000-5%2C000+vehicles.+%3Cbr%3E%E3%80%80Around+2023%2C+when+the+shortage+of+%3Cb%3EPCTC%3C%2Fb%3Es+was+evident%2C+charter+rates+for+large+ships+reached+an+%E2%80%9Cabnormal+rate%E2%80%9C+%28a+market+insider%29+of+over+%24100%2C000+per+day.+%3Cbr%3E%E3%80%80The+current+charter+rate+levels+are+below+half+of+their+two+peak+rates%2C+but+they+are+still+higher+than+the+historic+lows+seen+before+the+coronavirus+pandemic+and+remain+relatively+high.+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3%81%84%E3%81%8B%E3%81%AA%E3%82%8B%E4%BF%9D%E8%A8%BC%E3%82%82%E3%81%97%E3%81%BE%E3%81%9B%E3%82%93%E3%80%82%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%83%A6%E3%83%BC%E3%82%B6%E3%83%BC%E3%81%AF%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%8C%E3%80%81%E8%87%AA%E5%8B%95%E7%9A%84%E3%81%8B%E3%81%A4%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E6%83%85%E5%A0%B1%E3%82%92%E8%AA%8D%E8%AD%98%E3%83%BB%E5%88%86%E6%9E%90%E3%81%97%E3%81%A6%E7%B5%90%E6%9E%9C%E3%82%92%E5%87%BA%E5%8A%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E4%BD%BF%E7%94%A8%E3%81%97%E3%81%9F%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%A7%E3%81%82%E3%82%8B%E3%81%93%E3%81%A8%E3%82%92%E5%8D%81%E5%88%86%E3%81%AB%E7%90%86%E8%A7%A3%E3%81%97%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E5%88%A9%E7%94%A8%E3%81%99%E3%82%8B%E3%82%82%E3%81%AE%E3%81%A8%E3%81%97%E3%81%BE%E3%81%99%E3%80%82%3Cbr%3E