shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Unsold Japanese Cars Pile Up at Swedish Port

Unsold Japanese Cars Pile Up at Swedish Port

by Joshua
March 8, 2009
in Uncategorized

JAPANESE car maker Toyota has leased a cargo ship to store 2500 unsold cars at the Swedish port of Malmoe, where parking lots are already full due to plunging car sales, a port official said today.
“The Swedish-Norwegian company Wallenius Wilhelmsen has reached an agreement with Toyota to let them use the Morning Glory cargo ship to store some cars, and we load and unload the cars,” Bart Steijaert, in charge of car stocks at the Malmoe harbour, said.
More than 30,000 cars of all brands are currently piling up in the port, including the 2500 on board the 195-metre Morning Glory. The port has a maximum capacity of around 27,500 cars, Mr Steijaert said.
A new parking lot is being built at the port to provide more space for cars and is due to be completed in April.
“Since last summer, we’ve had a lot of cars in the harbour and we started to lack parking areas as the car sales dropped dramatically, and then the vessel arrived on January 7,” Mr Steijaert said.
Car sales have come to a screeching halt around the world since the global economic crisis erupted late last year, leading to an overload of stocks.
In Sweden, only 14,603 cars were sold in February, a drop of 31.3 per cent from the same month a year earlier, statistics showed.


Related Posts

ECOWAS Electricity Agency Assures Of Stable, Affordable Power Across W/Africa From 2023

FG Urges Entrepreneurs To Embrace ECOWAS Trade Scheme

May 19, 2023
Nigeria Targets Over $500 Million From Cashew Export

Weekly Global Marine Incidents May 8, 2023

May 8, 2023
Stock Exchange Closes Week With 24 Gainers 27 Losers

Stock Exchange Closes Week With 24 Gainers 27 Losers

May 1, 2023
Investors Buyout Norwegian Car Carriers from Klaveness

Investors Buyout Norwegian Car Carriers from Klaveness

May 1, 2023

Discussion about this post

Latest News

Seafarers Day: MWUN Expresses Concern Over Denial Of Nigeria CoC By Some Flag State

MWUN To Paralyse Port Operations Over Welfare Of Workers In Shipping Sector

June 2, 2023

Reps Back Planned Disbursement Of CVFF

NIMASA Calls For Review Of Trade Terms From FOB To CIF

Ex – Shippers Council Bosses Bag National Award

APFFLON Urges Tinubu To Come Up With Blueprint That Will Strengthen AFCFTA 

VESSELS EXPECTED AT LAGOS PORTS AS AT FRIDAY 2ND JUNE, 2023

AfCFTA: Kenya To Scrap Visa Fees For Africa Traders

Customs Initiates New Fast Track Method For Compliant Importers

NEITI Hails Fuel Subsidy Removal, Offers 8 Strategic Considerations

Officer of the Order of the Niger: For Hassan Bello, It’s A Honour Well Deserved

ANLCA Chieftain Urges Tinubu To Review Import Duty, Levy on Tokunbo Vehicles

FG Must Recognise Freight Forwarding Profession –  Dr Farinto

kindly like our Facebook page

Health

FG To Place 80% Hypertensive Nigerians On Standard Treatment
Health

FG To Place 80% Hypertensive Nigerians On Standard Treatment

May 22, 2023

The Federal Government said it has instituted strategic interventions at the Tertiary, Secondary, and Primary Health Care levels to screen...

High Blood Pressure Explained

High Blood Pressure Explained

May 22, 2023
Some Impressive Health Benefits Of Onions That May Interest You

Some Impressive Health Benefits Of Onions That May Interest You

May 22, 2023
Failed IVF Cycles Not End Of Parenthood Journey

Failed IVF Cycles Not End Of Parenthood Journey

May 15, 2023
COVID-19: Fifth Wave Looms As Nigeria Records Three Deaths In One Week

COVID-19: Nigeria Embarks On Integrated Health Emergency

May 15, 2023
Some Health Benefits Of Eating Groundnuts (Peanuts)

Some Health Benefits Of Eating Groundnuts (Peanuts)

May 15, 2023
BEWARE: Too Much Sex Is Bad For You!

DANGER: Why Sudden Death Happens During Sex – Expert

May 8, 2023
Five Early Warning Signs Of Pancreatic Cancer That Could Save A Life

Five Early Warning Signs Of Pancreatic Cancer That Could Save A Life

May 8, 2023
All You Need To Know About Snoring

All You Need To Know About Snoring

May 1, 2023
Salt: Why You Need It, How Much Is Too Much, and How to Cut Back

Salt: Why You Need It, How Much Is Too Much, and How to Cut Back

May 1, 2023

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition