Guangzhou Ocean Car Carrier (GOCC) is the latest company to jump on the red-hot car-carrier market with an order for three pure car/truck carrier newbuildings on the back of China’s automobile export growth.

GOCC — a joint venture between Cosco Shipping Specialised Carriers, SAIC Anji Logistics and Shanghai International Port Group’s SIPG Logistics — has commissioned state-owned Guangzhou Shipyard International (GSI) to construct three 7,000-ceu pure car/truck carrier (PCTC) newbuildings to be delivered in 2026.