Global RORO Shipping in High & Heavy Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global RORO Shipping in High & Heavy Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Roll-on/Roll-off shipping in High & Heavy, also commonly referred to as RORO shipping in High & Heavy, is an international transport method wherein cargo (usually non-containerized) is loaded onto a roll-on, roll-off marine vessel. Typically pulled or driven into the belly of these vessels via the ramp, RORO cargo must either be placed upon or have been already secured to, a set of wheels in order to load. Once on board, cargo is lashed into place on one of the RORO vessel’s many internal levels and readied for transit.

Market Overview:

The latest research study on the global RORO Shipping in High & Heavy market finds that the global RORO Shipping in High & Heavy market reached a value of USD 6629.27 million in 2023. It’s expected that the market will achieve USD 9733.95 million by 2029, exhibiting a CAGR of 6.61% during the forecast period.

Advantages of RORO shipping

Ro-ro ships, like container ships, have high handling efficiency. Using vehicle activities to load and unload containers, the transport capacity reaches 1000~2000 tons per hour, saving a lot of loading and unloading labor, reducing ship berthing time, and improving the ship utilization rate. The ship runs fast and the land and water transport is convenient. And realize the door to door direct transportation from the shipper to the consignee, reducing the damage and error in the transportation process.

Ro-ro shipping does not require lifting equipment on board or on shore. Even if port facilities are poor, ro-ro ships can load and unload cargo efficiently. More importantly, RO-ro ships are superior to container ships in that they do not require dock lifting equipment, nor do they require large-scale alterations, expansions and additional loading and unloading equipment.

Ro-ro shipping has greater adaptability. It can not only load containers, but also various types of cargo. There are construction machinery, drilling equipment, agricultural machinery special special roro. It can be seen that RORO shipping has broad application prospects

Region Overview:

In 2023, the share of the RORO Shipping in High & Heavy market in Asia Pacific stood at 40.34%.

Company Overview:

Wallenius Wilhelmsen is one of the major players operating in the RORO Shipping in High & Heavy market, holding a share of 17.99% in 2023.

Wallenius Wilhelmsen Logistics was a privately owned Norwegian/Swedish shipping company, established in 1999 and co-owned by the two shipping companies Wallenius Lines and Wilh. Wilhelmsen. Prior to its restructuring and division of its services in 2017 as the Wallenius Wilhelmsen Group, the company offered a range of logistics services, including supply chain management, ocean transportation using Neo-bulk cargo ships, terminal handling, inland distribution and technical services. After rebranding and reorganisation, it remains one of the world's largest companies in the transporting of Roll-on/roll-off equipment: automobiles, heavy machinery (mining, construction, farming equipment), yachts, trains, power stations, trailers, Mafi roll trailers and others.

The Grimaldi Group is a private shipping company owned by the Grimaldi family (Emanuele Grimaldi) and based in Naples, Italy. The Grimaldi Group is a conglomerate of companies linked to the logistics business with a main focus on shipping. Grimaldi operates a large fleet of ro-ro, ro-ro/multipurpose, con-ro multipurpose, PCTC (Pure Car and Truck Carrier), ro-pax and cruise ferries vessels.

Segmentation Overview:

Among different product types, PCTC segment is anticipated to contribute the largest market share in 2028.

Roll-On, Roll-Off, as this is how their cargo is loaded and unloaded. PCTC (Pure Car and Truck Carrier) is a kind of RORO ship which transports not only cars, but also trucks and other variations of four-wheeled vehicles. These kinds of vessels are quite large and quite conspicuous while on water along with being quite sturdy. They are mainly used in the delivering of newer vehicles to their required exporting destination.

Other types include ConRo, GenRo, RoPax, and Complete RoRo. A normal cargo-carrying vessel equipped with the RoRo facility is termed the GenRo. A normal cargo-carrying vessel equipped with the RoRo facility is termed the GenRo. RoPax is mainly used as a technical term, and these vessels are commonly called ferries that transport across river docks. A Complete RoRo vessel is a kind of car carrier that is constructed with inclines both on its insides as well as on the outside. Vessels of these kinds don't have any hatchways and are used mainly in the high seas.

Application Overview:

By application, the Construction Machinery segment occupied the biggest share from 2018 to 2022.

Construction Machinery is used in a variety of ways on larger projects. The choice of different types of Construction Machinery depends on the scale and economy of the project. These make the construction process easier and faster. Such as excavators, backhoes, bulldozers, graders, and loaders.

Mining Machinery is a device used in the mining industry for mining, material handling, and material processing. Common types are large mining trucks, hydraulic mining shovels, large dozers, electric shovels, rotary drills and rock drills, motor graders, large wheel loaders, draglines, wheel tractor-scrapers, underground mining loaders, and trucks.

Agriculture Machinery is a device used for weeding, planting, and other aspects of agriculture. Such as harvesters, loaders, tractors, seeders, and more.

Key Companies in the global RORO Shipping in High & Heavy market covered in Chapter 3:

Hyundai Glovis
Grimaldi Group
MOL
Höegh Autoliners
Siem Car Carriers
CMA CGM
CLdN
Sasco Group
NYK LINE
“K” LINE
Stena Line
Sallaum Lines
Wallenius Wilhelmsen
Toyofuji Shipping

In Chapter 4 and Chapter 14.2, on the basis of types, the RORO Shipping in High & Heavy market from 2019 to 2030 is primarily split into:

PCTC
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the RORO Shipping in High & Heavy market from 2019 to 2030 covers:

Construction Machinery
Mining Machinery
Agriculture Machinery

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)