JP Morgan-backed NOCC expands China car carrier programme

JP Morgan-backed Norwegian Car Carriers (NOCC) has expanded its newbuilding programme in China, adding another pair of 7,100 ceu ships at CIMC Raffles. Shipbuilding sources place the latest vessels at the group’s Yantai Raffles facility for delivery in 2030, extending a relationship that has already produced four LNG dual-fuel car carriers for the Oslo-based tonnage provider.