Japan’s K Line has joined the dash for LNG-fuelled pure car/truck carriers, snapping up eight 7,000-ceu newbuildings in a move to reduce its greenhouse gas emissions.

The shipping giant disclosed that it will take delivery of the octet between 2023 and 2025 to replace older vessels.

A spike in PCTC newbuilding investment has seen Eastern Pacific Shipping, Zodiac Maritime, Wallenius Marine, SAIC Anji Logistics and NYK Line join the order surge, with about $4.4bn-worth