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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
US steel importers await tariff reversal to drive up demand
Michael Angell, Associate Editor |
A US trade court’s ruling that an expansion of tariffs to include finished steel products was invalid allows shippers to claw back import levies, but steel importers say they need a full rollback before shipments can grow.
Breakbulk carriers
Oil price recovery spurs rebound in energy project cargo
Special Correspondent Keith Wallis |
Energy cargo is recovering a year after the pandemic-fueled crash in oil prices, just as the breakbulk carrier market heats up.
Breakbulk carriers
Energy projects
SAL, Jumbo launch super-heavy-lift alliance after regulatory approval
Special Correspondent Keith Wallis |
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.
Breakbulk carriers
MPV/HL boost from bulk, container vessel congestion won’t last: Drewry
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
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.
Breakbulk carriers
Busy breakbulk market will not spur MPV newbuildings
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The MPV/HL market is on the upswing, but a lack of finance and lingering overcapacity will hold back investment in new ships.
Breakbulk carriers
Project cargo
MPV charter rate gains show no sign of slowing
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Toepfer's multipurpose rate index tracks recovery as container-side chaos continues to benefit the breakbulk market
Breakbulk carriers
Jumbo, SAL form JV amid improving MPV/HL outlook
Special Correspondent Keith Wallis |
A new super-heavy-lift joint venture, if approved, will benefit from an offshore wind market poised to expand through 2050.
Breakbulk carriers
Energy projects
Toepfer’s March multipurpose forecast rebounds on demand signals
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Container market woes and a booming bulk market are cutting competition and boosting freight rates for the multipurpose/heavy-lift sector.
Project cargo
Breakbulk carriers
Ro/ro carriers ordering green ships as auto demand rises
Keith Wallis, Special Correspondent |
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
Ro/ro cargo
Breakbulk carriers
Wallenius Wilhelmsen designing wind-propelled ro/ro ship
Special Correspondent Keith Wallis |
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.
Ro/ro cargo
Breakbulk carriers
MPV fleet will benefit from container chaos through Q2: Drewry
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Drewry's charter rate index is up 2.2 percent for February as COVID-19 lockdowns drive consumers to favor premium container cargoes.
Breakbulk carriers
Washington state ports see breakbulk surge in 2020
Chris Barnett, Special Correspondent |
Wind energy cargoes boosted the Port of Longview’s breakbulk volumes, while high and heavy drove growth at the Northwest Seaport Alliance (NWSA) ports of Seattle and Tacoma.
Breakbulk carriers
Final penalties handed down in Australian car carrier cartel case
Keith Wallis, Special Correspondent |
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.
Breakbulk carriers
Ro/ro cargo
Multipurpose index forecast up 2 percent amid renewables optimism
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
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.
Energy projects
Breakbulk carriers
US auto imports expected to continue rebound after late 2020 recovery
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
A microprocessor chip shortage and new COVID-19 spread could slow recovery by hampering vehicle production.
Ro/ro cargo
Breakbulk carriers
First of eight new F-type ships joins UHL fleet
Special Correspondent Keith Wallis |
In a further sign of a tumultuous market, UHL's newest "Eco-Lifter" will deliver containers to Europe on its maiden voyage.
Breakbulk carriers
Energy projects
Green project cargo booms at California’s Port of Stockton
Special Correspondent Chris Barnett |
A state-wide commitment to renewables is behind a massive increase in project cargo tonnage at the Northern California port of Stockton.
Breakbulk carriers
Energy projects
Multipurpose carriers benefit from congested container market's 'whipsaw effect'
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
High box rates and congestion woes are driving container-side shippers to the breakbulk sector for relief.
Breakbulk carriers
SAL Renewables signals growing commitment to offshore wind market
Special Correspondent Keith Wallis |
With the addition of dedicated installation capacity, SAL will target European offshore development, maintenance, and decommissioning.
Energy projects
Breakbulk carriers
Cautious ro-ro carriers reactivating idled ships on firmer market
Special Correspondent Keith Wallis |
Rising short-term charter rates and recovering cargo volumes are leading ro-ro carriers to reactivate ships in cold lay-up since early 2020.
Ro/ro cargo
Breakbulk carriers
New shipbroker to specialize in breakbulk, heavy-lift market
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Former SAL executive Justin Archard has departed the super-heavy-lift carrier and will be a founding partner with Hamburg-based One World Shipbrokers.
Project cargo
Breakbulk carriers
Cargo shifts complicate MPV liner service offerings
Special Correspondent Keith Wallis, Senior Editor Janet Nodar |
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.
Breakbulk carriers
Drewry, Toepfer indices optimistic as tight container market boosts MPP sector
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
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.
Breakbulk carriers
Capacity crunch forces shift to MPP ships for container services
Special Correspondent Keith Wallis |
Escalating box rates and tight capacity in the container carrier market are pushing service providers to bring in ships from the multi-purpose sector.
Breakbulk carriers
Maritime
G2 Ocean expanding breakbulk services despite COVID-19
Keith Wallis, Special Correspondent |
Multi-purpose carrier G2 Ocean's African and Indian semi-liner breakbulk services, established just as COVID-19 exploded, are flourishing despite lockdowns.
Breakbulk carriers
Optimistic market pushes Toepfer index higher
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The contract market is improving for F-type 12,500-dwt multipurpose ships, while spot rates remain volatile, according to Toepfer Transport.
Breakbulk carriers
UHL expands F900 fleet, adds Houston office
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
UHL, one of very few carriers currently adding newbuildings to the multipurpose fleet, is scheduled to receive eight new F900 ships through December 2021, with the first ship scheduled for delivery in December.
Breakbulk carriers
Project cargo
Breakbulk ports
New breakbulk terminal opens in New Orleans
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Gulf Stream Marine adds Alabo Street Wharf to its string of US Gulf breakbulk terminals and positions itself to handle out-of-gauge cargo with a focus on transshipment to the Midwest.
Breakbulk carriers
Project cargo
New project cargo player brings ex-Zeamarine executives aboard
Senior Editor Janet Nodar and Special Correspondent Keith Wallis |
China Navigation Company creates Swire Projects to take advantage of an improving outlook for the project market and brings aboard three ex-Zeamarine executives.
Breakbulk carriers
Energy projects
Ex-SAL executive joins DSV as director of global sea chartering
Special Correspondent Keith Wallis |
The former head of SAL Heavy Lift’s marine projects will lead the chartering team at global forwarder DSV, which is handling global logistics for wind turbine manufacturer Vestas.
Energy projects
Breakbulk carriers
Andersen to focus on Americas as new Intermarine CEO
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Svend Andersen comes out of retirement to take a stake in the US-based carrier Intermarine and explore new trade possibilities in the Americas.
Breakbulk carriers
Project cargo
Drewry sees improving MPV/HL market ahead
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Less stringent lockdowns, for now, during COVID-19’s second wave mean stronger global trade, as renewables continue to be a bright spot for the multipurpose/heavy-lift (MPV/HL) sector.
Breakbulk carriers
Project cargo
MPV/HL charter rates continue to recover amid fresh consolidation
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
As Toepfer’s Multipurpose Index shows signs of modest recovery, SAL’s purchase of Intermarine has the potential to leverage shipping synergies.
Breakbulk carriers
Project cargo
Intermarine stake gives MPV/HL carrier SAL growth in Americas
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift, and Special Correspondent Keith Wallis |
SAL and ex-BBC Chartering CEO Svend Andersen take ownership stakes in Intermarine as Andersen returns to the MPV/HL market.
Breakbulk carriers
Chipolbrok, Crane join forces to extend MPV/HL service to Japan
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Although the specific port rotation of the semi-liner service will depend on the cargo mix, Japan will now be a regular call for MPV/HL carrier Chipolbrok thanks to a new business relationship with third-party logistics provider and agent Crane Worldwide.
Breakbulk carriers
Energy projects
Modest time charter rate rally holds for F-type MPV/HL sector
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
In a three-tiered market, F-types hold their own, high-end MPV/HL ships reap the rewards of DP systems and super-heavy cranes, while lower-geared, less specialized ships suffer.
Breakbulk carriers
Energy projects
Port of Lake Charles reopens despite serious damage from Hurricane Laura
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
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 carriers
High-and-heavy hits the road to LNG Canada project
Chris Barnett, Special Correspondent |
Despite a COVID-19-driven construction slowdown and a complex permitting regime, the second wave of breakbulk cargo will soon begin delivery to the $40 billion LNG Canada project.
Ro/ro cargo
Breakbulk carriers
August MPV index eyes narrow gain after COVID-19 low
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
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.
Breakbulk carriers
Houston first-half steel imports down sharply amid energy sector freeze
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Falling oil prices and rising demand for wind turbines are driving the mix of breakbulk and project cargo in Houston and throughout the US Gulf.
Breakbulk ports
Breakbulk carriers
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