News & Analysis
19 Oct 2021
While the “spillover” container market that is driving up MPV rates and creating a capacity shortage will eventually dissipate, in the longer term a low orderbook could mean a capacity shortage, analyst Drewry says.
07 Oct 2021
The spillover market will not dissipate until box rates dip below five figures, according to Geodis' senior VP for global ocean freight.
06 Oct 2021
Skyrocketing demand is pushing imports into the US toward MPV/HL and other non-container carriers in a wave of spillover cargo.
04 Oct 2021
In a change from long-held norms, earlier contracting is becoming more standard in the breakbulk and project market as cargo shippers labor to secure capacity and reduce risk and price volatility.
04 Oct 2021
Oslo-based Höegh’s latest order for vehicle carriers comes amid growth in imports of China-made vehicles at European ports.
13 Sep 2021
Container shippers are increasingly switching to breakbulk solutions to move their cargo, pushing MPV/HL bookings into the fall and driving up rates.
03 Sep 2021
Forward bookings are becoming the norm as some MPV/HL carriers require premiums for laycan dates, and a dearth of newbuildings in the sector implies that the current market will not slow down in the short term.
06 Aug 2021
Spillover container cargo is driving the strongest breakbulk market in more than a decade, MPV/HL carriers say.
04 Aug 2021
MOL’s order for LNG-fueled car carriers shows that ro-ro newbuildings are stacking up as the sector pivots toward lower-carbon and next-generation fuels.
21 Jul 2021
As desperate shippers search for cargo solutions and sop up breakbulk capacity, the new MPV/HL sentiment index reveals strong short-term confidence but longer-term wariness in the breakbulk sector.
12 Jul 2021
MPVs are booked through the summer, but improving charter rates are not yet sufficient to support newbuildings, analysts say.
30 Jun 2021
Despite higher costs to move automobiles and high and heavy cargoes, and uncertainties related to the COVID‑19 pandemic that continue to challenge the recovery, demand is rebounding quickly.
10 Jun 2021
After a long slump, strengthening MPV freight rates could encourage reinvestment in the sector for the first time in a decade.
07 Jun 2021
Worried forwarders are struggling to find transport solutions for their clients in a congested global shipping market, pushing formerly containerized cargoes out of boxes and into breakbulk modes.
07 May 2021
Breakbulk freight rates are climbing, but uncertainty about new fuels, ship designs, and the long-term strength of the market are holding back orders for new ships.
06 May 2021
As cargo demand surges, multipurpose, container, and dry bulk carriers are all competing for tonnage and pushing up vessel charter rates.
23 Apr 2021
Energy cargo is recovering a year after the pandemic-fueled crash in oil prices, just as the breakbulk carrier market heats up.
19 Apr 2021
German regulators approved an alliance between Jumbo and SAL that concentrates super-heavy-lift capacity in the hands of fewer players as the project market begins to recover from both long-term and pandemic-driven doldrums.
15 Apr 2021
Drewry’s multipurpose index bounced 15 percent and the inaugural Market Sentiment Index has revealed a wary optimism as the MPV sector benefits from container chaos.
05 Apr 2021
The MPV/HL market is on the upswing, but a lack of finance and lingering overcapacity will hold back investment in new ships.
01 Apr 2021
Toepfer's multipurpose rate index tracks recovery as container-side chaos continues to benefit the breakbulk market
04 Mar 2021
A new super-heavy-lift joint venture, if approved, will benefit from an offshore wind market poised to expand through 2050.
02 Mar 2021
Container market woes and a booming bulk market are cutting competition and boosting freight rates for the multipurpose/heavy-lift sector.
26 Feb 2021
Grimaldi and United European Car Carriers are pursuing lower emissions vessels, and Wallenius Wilhelmsen is taking three more ships out cold layup to serve a rebounding vehicle cargo market
17 Feb 2021
The IMO's low-carbon standards and shippers eager to reduce their carbon footprints are pushing vessel operators toward lower-emission designs such as WW’s wind-powered ship.
11 Feb 2021
Drewry's charter rate index is up 2.2 percent for February as COVID-19 lockdowns drive consumers to favor premium container cargoes.
05 Feb 2021
Regulators have now fined ocean carriers Wallenius Wilhelmsen Ocean (WWO), NYK RORO, and “K” Line a total of $63 million for price fixing on vehicle shipping services on routes to Australia.
03 Feb 2021
Toepfer Transport's MPV/HL rate forecast climbs to $7,146 as optimism grows in the breakbulk market amid a new US presidential administration seen as favorable to renewables.
02 Feb 2021
A microprocessor chip shortage and new COVID-19 spread could slow recovery by hampering vehicle production.
21 Jan 2021
In a further sign of a tumultuous market, UHL's newest "Eco-Lifter" will deliver containers to Europe on its maiden voyage.
15 Jan 2021
High box rates and congestion woes are driving container-side shippers to the breakbulk sector for relief.
14 Jan 2021
With the addition of dedicated installation capacity, SAL will target European offshore development, maintenance, and decommissioning.
11 Jan 2021
Rising short-term charter rates and recovering cargo volumes are leading ro-ro carriers to reactivate ships in cold lay-up since early 2020.
30 Dec 2020
Former SAL executive Justin Archard has departed the super-heavy-lift carrier and will be a founding partner with Hamburg-based One World Shipbrokers.
21 Dec 2020
US-based project forwarders say they’re struggling to secure capacity as rebound demand and multipurpose and heavy-lift capacity is tapped by container lines in reaction to even stronger container demand.
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