The car carrier sector is in for a continued surge in rates because of historically favourable drivers both on the demand and supply side — or such is tonnage supplier Gram Car Carriers' pitch as it readies an Oslo listing.

Chief executive Georg Whist is touting enhanced demand for Gram's 16-ship fleet in connection with the transition into personal electrical vehicles, as well as constricted ship supply. A recent wave of scrapping, a manageable orderbook and long newbuilding lead times all put a tonnage supplier in an optimistic position.