Old-fashioned breakbulk and supply chain skills have served shippers well in the “spillover” market, and some practices may linger after the container market normalizes.
Breakbulk importers must navigate complex sanctions rules and a CBP crackdown on goods made with forced labor, attendees at JOC’s 2022 Breakbulk and Project Cargo conference were told.
Severely limited warehousing capacity at North American ports is adding to the challenges facing breakbulk shippers in 2022, attendees at JOC’s Breakbulk and Project Cargo conference were told.
While Antonov's smaller AN-124s continue to operate, restoring the behemoth AN-225 will take five years and cost more than $3 billion, according to the Ukrainian government's news outlet.
"Spillover" demand in the MPV/HL carrier segment is not yet slowing, thanks to ongoing port congestion and shippers willing to use alternatives to traditional container shipping.
While the urgency of containers being carried on multipurpose/heavy-lift vessels is easing, the spillover market will continue to affect the MPV sector into 2023, analysts say.
Shippers eager to move computer components, semiconductor chips, and auto production parts are eating up super-heavy air capacity even as demand for traditional OOG cargo improves.
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.
After a COVID-19 pandemic lull, violations of ISPM 15 regulations around dangerous insects are increasing in Houston and elsewhere, triggering costly remedies and intense frustration in the breakbulk and project cargo community.
MPV/HL carriers and breakbulk ports benefited last year from record US wind cargoes as expiring tax credits, improved technology, and increasing demand accelerated development
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.
Indices forecast rising rates for MPPs through the end of the year as breakbulk demand improves and container shippers searching for alternatives underpin a strengthening market.
Wind energy cargoes imported through the Port of Lake Charles are driving a significant increase in overall breakbulk tonnage at the Louisiana port during the first seven months of 2020.
Breakbulk shipper John Deere is signaling mild optimism for the balance of the year even as construction and agriculture machinery sales falter due to the COVID-19 pandemic.
While the oil and gas sector has pulled back dramatically from early 2020 capital spending plans, the low bunker fuel prices that have also come with global oil demand destruction have helped to control costs.
With information on ISPM 15 violations still difficult to come by, shippers are investigating and educating wood packaging materials (WPM) makers, increasing requirements for heat treatments, and turning to non-WPM materials for dunnage.
The Journal of Commerce's 2020 Breakbulk and Project Cargo Conference will continue to build on the spirit of the original event as a content-led, high-level information sharing and networking gathering for the industry.
A busy renewable energy sector and stable oil and gas markets have collided with persistent overcapacity in the multipurpose/heavy-lift (MPV/HL) sector, causing rate growth to sputter and stall.
Commentary
Addressing the widening logistics ‘talent gap’