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breakbulk news
breakbulk carriers
Breakbulk carriers
News and analysis of carriers serving the breakbulk, heavy-lift, and project cargo markets
The latest
Breakbulk carriers
News & Analysis
Softening summer market weighs on Toepfer multipurpose vessel index
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Expected demand for wind cargo, among other factors, is still driving underlying optimism in the MPV sector, but a wind turbine tech “arms race” could cast a long shadow.
Breakbulk News
Breakbulk carriers
Energy projects
Emerging from pandemic fog, global reefer market reverts to type
Richard Bright, Journal of Commerce analyst |
If the reefer mode can tough out the rest of 2023, next year should be better for operators largely because there will be more cargo, and therefore demand will be stronger, writes analyst Richard Bright.
Cool Cargo News
Breakbulk News
Breakbulk carriers
Supply chain
Cadeler, Eneti combine to create $1.3 billion wind installation vessel operator
Keith Wallis, Special Correspondent |
The merger of wind installation vessel operators Cadeler and Eneti, which already have a combined project backlog worth $1.75 billion, was driven by an expected surge in offshore wind farm projects through 2030, Cadeler CEO Mikkel Gleerup told a webinar Friday.
Breakbulk carriers
Energy projects
Summer doldrums pressure MPV sector, but long-term view positive
Keith Wallis, Special Correspondent |
Sentiment is more positive in the longer term, with industry observers predicting a rebound in rates from 2024 onwards due to stronger cargo volumes and tight tonnage supply.
Breakbulk News
Breakbulk carriers
Project cargo
Ro/ro cargo
Norden aims to diversify cargo base with MPV acquisition
Keith Wallis, Special Correspondent |
Norden is looking to capitalize on an expected strong project and breakbulk market with the purchase of Denmark-based multipurpose vessel (MPV) operator Thorco Projects.
Breakbulk News
Breakbulk carriers
Project cargo
Shipping icon Bertram Rickmers, 71, succumbs to injuries from fall
Janet Nodar, Senior Editor |
Visionary shipping legend Bertram Rickmers created the Pearl String, the only round-the-world breakbulk liner service, which operated from 2003 until the fall of Zeamarine in 2020.
Breakbulk News
Breakbulk carriers
Project cargo
CEVA Logistics shifts into vessel operations with ro-ro newbuildings
Keith Wallis, Special Correspondent |
Traditional 3PL provider CEVA plans to lease four new hybrid ro-ro vessels chartered by parent company CMA CGM.
Breakbulk News
Breakbulk carriers
Ro/ro cargo
Softer rates, long-term confidence provide mixed signals for MPV carriers
Janet Nodar, Senior Editor, and Susan Oatway, Research Analyst for Breakbulk and Project Cargo |
Multipurpose and heavy-lift carriers expect short-term rate pain but a rising market further out, analysts say.
Breakbulk News
Breakbulk carriers
Project cargo
Boost in container ship capacity puts end to MPV spillover market
Susan Oatway, Research Analyst for Breakbulk and Project Cargo, and Eric Johnson, Senior Editor |
Cargoes “unboxed” during the pandemic market are sliding back to container carriers on the hunt for volumes to fill their ships, while excess containers on MPV ships have disappeared.
Breakbulk News
Container Shipping News
Trans-Pacific
Breakbulk carriers
Changing of the guard in the works at BBC Chartering USA
Keith Wallis, Special Correspondent |
Tim Kopfensteiner will become president of MPV carrier BBC Chartering’s US operations following Per Petersen’s retirement later this year.
Breakbulk News
Breakbulk carriers
Project cargo
Breakbulk23: Methanol has head start in MPV green fuel race
Eric Johnson, Senior Technology Editor |
Breakbulk and project cargo carriers are likely to take their cue from container carriers before committing to building alternative fuel ships to meet aggressive carbon reduction mandates, experts say.
Breakbulk News
Breakbulk carriers
Project cargo
MPV sentiment improves even as short-term demand softens
Janet Nodar, Senior Editor, and Susan Oatway, Research Analyst for Breakbulk and Project Cargo |
Multipurpose carrier analysts report short-term rate softening and a looser spot market, but there is confidence in longer-term energy and renewables demand.
Breakbulk News
Breakbulk carriers
Project cargo
Global car carriers see mixed outlook after stellar 2022
Keith Wallis, Special Correspondent |
Vehicle demand is expected to offset declining high-and-heavy volumes in 2023, according to car carriers.
Breakbulk News
Breakbulk carriers
Ro/ro cargo
MPV carrier Swire Projects eyes growth in Australian project market
Keith Wallis, Special Correspondent |
New operator Swire is growing its fleet and gearing up to move cargo for the busy Australian minerals and energy markets.
Breakbulk News
Breakbulk carriers
Project cargo
New IMO rules muddying vessel strategy for MPV, heavy-lift owners
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
MPV and heavy-lift vessel owners need clarity on emissions, alternative fuels, and regulations before committing to new vessel schemes.
Breakbulk News
Breakbulk carriers
Project cargo
Heavy-deck demand faltering, but long-term outlook remains strong
Keith Wallis, Special Correspondent |
Despite a temporary lull, heavy-deck carriers and industry analysts see a “mind-boggling” outlook for global offshore wind demand.
Breakbulk News
Breakbulk carriers
Project cargo
Energy projects
New IMO rule at odds with practical realities: breakbulk executives
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift, and Keith Wallis, Special Correspondent |
Breakbulk industry executives warn new rules aimed at reducing vessel emissions could incentivize vessel operators to implement measures that increase emissions in other areas of the supply chain.
Breakbulk News
Breakbulk carriers
Transport, Trade, and Regulation News
Multipurpose vessel rates may be at post-COVID bottom: Toepfer
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The MPV sector’s market correction appears to have bottomed at rates still healthy for owners and carriers, even as the sector feels pressure from minor bulk carriers hunting for cargo.
Breakbulk News
Breakbulk carriers
Breakbulk sector ‘sitting on structural overcapacity’: Dynamar
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
While market indicators such as relatively high charter rates and a strong demand outlook are promising, the Netherlands-based maritime consultancy says the stability of the breakbulk market is by no means guaranteed.
Breakbulk News
Breakbulk carriers
MPV sector slows as rebalancing under way after ‘rush’ of pandemic market
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Short-term uncertainty and longer-term confidence are the multipurpose sector’s new normal, analysts say, after the extreme volatility of the COVID-driven market.
Breakbulk News
Breakbulk carriers
Project cargo
MPV rates slump as breakbulk moves back to container sector
Janet Nodar, Senior Editor |
Despite a decline in daily charter rates, the longer-term MPV outlook remains strong due to increased investments in oil and gas and renewables projects.
Breakbulk News
Breakbulk carriers
Plenty of work in the pipeline for breakbulk carriers, but rates uncertain
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Project and breakbulk carriers and logistics service providers have a healthy to-do list of energy-related cargo projects ahead of them; now the question is whether rates and availability will return to pre-pandemic levels.
Breakbulk News
Breakbulk carriers
Project cargo
Energy projects
Long-term demand to steady MPV/HL fleet: analysts
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The multipurpose/heavy-lift vessel sector is proving to be less volatile than the container and bulk sectors as the pandemic market normalizes, analysts say.
Breakbulk carriers
Meeting Europe’s modal shift to rail will top $500 billion: study
Greg Knowler, Senior Europe Editor |
Moving a significant share of Europe’s inland cargo from road to rail will be costly and challenging, but it is achievable through better utilization of door-to-door combined transport, a new report has found.
International rail
Breakbulk carriers
Intermarine partners with Thailand-based project specialist on new Asia JV
Keith Wallis, Special Correspondent |
US-based MPV operator Intermarine is expanding into Asia and Europe via a partnership with Thailand’s WeShip.
Breakbulk carriers
Mobile breakbulk dockworkers avoid strike, head to mediation with employer
Michael Angell, Associate Editor |
Union workers at Mobile’s breakbulk and general cargo docks are the only ones working for a maritime employer without a ratified contract during the ILA’s current 2018-2024 master contract term.
Breakbulk carriers
Mobile’s breakbulk docks face strike threat after talks with ILA local fail
Michael Angell, Associate Editor |
The ILA’s local union at Mobile’s general cargo and breakbulk docks may walk off the job this week if a deal can’t be reached with breakbulk stevedore CSA Equipment.
Breakbulk carriers
In tight tonnage market, AAL adds three secondhand ships
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Multipurpose and heavy-lift carrier AAL is aiming to increase tonnage despite market volatility as it pursues “long-term sustainable expansion.”
Breakbulk carriers
Ship orders defy declining reefer fleet trend
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
A handful of reefer carriers, having received an unexpected shot in the arm during the pandemic, are adding vessel capacity despite the long-term decline of this niche fleet.
Breakbulk carriers
Summer slump, market uncertainty pressuring MPV rates
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The MPV sector’s long-term outlook remains strong, but shippers are holding off booking in the hope that rates will continue to slide, analysts say.
Breakbulk carriers
Demand spike breathes new life into specialized reefer fleet
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The specialized reefer fleet has been shrinking for years as perishables shippers have migrated away from breakbulk shipping to refrigerated containers carried on global liner services, but “the mode keeps rescuing itself,” says one observer.
Breakbulk carriers
Multipurpose ships boosting container line capacity: Alphaliner
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Container carriers are adding incremental capacity to their regional and feeder liner services with MPV and other non-container ships, maritime analyst Alphaliner says.
Breakbulk carriers
dship Carriers acquires secondhand ship for MPV fleet
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
While spillover cargo flows back to the container market, a strong breakbulk market is keeping the MPV sector afloat.
Breakbulk carriers
New Orleans H1 breakbulk tonnage doubles amid ‘spillover’ surge
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Pandemic congestion may be easing as container rates fall, but breakbulk spillover cargo shows no sign of slowing at the Port of New Orleans.
Breakbulk carriers
Breakbulk ports
Breakbulk carrier, box maker team for trans-Pac domestic container service
Michael Angell, Associate Editor |
Carrier53, a joint venture of a breakbulk vessel operator and container manufacturer, said it will offer trans-Pacific sailings from China to the US West Coast with a special emphasis on domestic intermodal containers.
Container lines
Forwarding
Breakbulk carriers
MPV/HL charter rates may have peaked, but no crash ahead: analysts
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Easing container congestion and the summer “doldrums” have sent MPV rates drifting downward, but carriers expect energy-related demand and tight capacity to keep the sector healthy in the long term.
Breakbulk carriers
Specialized reefer fills gap for shippers of perishable goods
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Congestion and unreliable service from liner carriers is driving some cold chain shippers back to the conventional reefer fleet
Breakbulk carriers
Carrier SAL orders up to six super-heavy MPVs
Keith Wallis, Special Correspondent |
SAL joins competitors AAL and UHL with firm orders for multipurpose newbuild vessels, even as charter rates soften a bit from their current high levels.
Breakbulk carriers
Short-term breakbulk pessimism offset by long-term rate strength
Keith Wallis, Special Correspondent |
Uncertainty and congestion are undermining market confidence, but MPV rates are expected to stay well above pre-pandemic levels, according to breakbulk analysts.
Breakbulk carriers
Some shippers sticking with MPVs even as ‘spillover’ market subsides
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The breakbulk industry’s scramble to manage spillover cargo is ebbing as shippers' need for alternative tonnage eases, but that does not necessarily mean a rush back to pre-COVID norms.
Breakbulk carriers
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