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breakbulk carriers
Breakbulk carriers
News and analysis of carriers serving the breakbulk, heavy-lift, and project cargo markets
The latest
Breakbulk carriers
News & Analysis
Heavy load, bulk carriers pivot to offshore wind amid expected growth
Keith Wallis, Special Correspondent |
Bulk carrier Scorpio and specialized oil and gas heavy load carrier OHT shift toward the offshore wind industry as the sector is poised to expand by 270 percent.
Energy projects
Breakbulk carriers
Caterpillar says heavy equipment dealers slashing ro‑ro orders
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The heavy equipment manufacturer saw second-quarter sales tumble 42 percent in North America as the economic effects of the COVID-19 crisis crushed end-user demand.
Ro/ro cargo
Breakbulk carriers
US breakbulk steel imports face new woes on Halliburton focus shift
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Oil field services company Halliburton will focus on international clients rather than North American onshore oil and gas, signaling a further slowdown in US breakbulk steel imports.
Breakbulk carriers
Probe continues after collision damages MPV/HL vessel Alanis in Ontario
Special Correspondent Chris Barnett |
The low-speed collision in the Welland Canal, which links Lake Ontario to Lake Erie, damaged both vessels, but did not cause any injuries or pollution.
Breakbulk carriers
Maritime
Slight MPV/HL fleet contraction won’t cure capacity woes: Drewry
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
As a project cargo pipeline "hole" looms thanks to retrenchment in the oil and gas sector, slow scrapping and newbuilding orders are not enough to cure sector over-tonnage.
Breakbulk carriers
Project cargo
JOC Uncharted: More consolidation likely in MPV/HL sector, says BBC’s Ulrichs
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
BBC Chartering CEO Ulrich Ulrichs said in a JOC Uncharted interview that the MPV/HL fleet should brace for higher operating costs and further consolidation, similarly to the global container fleet.
Breakbulk carriers
Project cargo
COVID-19 slows rollout for new KOGA Shipping
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Despite a difficult business environment, new MPV/HL carrier KOGA Shipping is growing its client base as it enters the US Gulf-Caribbean market, according to CEO Fernando Maruri.
Breakbulk carriers
Project cargo
Intermarine calibrates capacity to lower Americas demand
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Oil price volatility and the related pullback on capital investment is affecting cargo volumes, primarily on the onshore oil and gas side; offshore effects will take longer to flow through the project supply chain.
Breakbulk carriers
Project cargo
Sagging construction, ag demand hamstrings ro-ro shipping
Special Correspondent Catherine Dorrough |
Hit hard by COVID-19, a "patchwork" of high and heavy cargoes keeps the market afloat after a sharp drop in imports across the US’ top ro-ro ports.
Heavy-haul transport
Breakbulk carriers
AAL steps into MPV liner service breach
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
MPV/HL carrier AAL’s Asia–Europe service, which has filled a vacuum created by the demise of Zeamarine, is seeing relatively strong demand despite a pandemic-hampered market.
Breakbulk carriers
Project cargo
Third phase of Siberian project cargo move under way
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Russia's spring thaw allows Combi Lift and SAL to begin delivery of project cargo for a massive Siberian gas project.
Heavy-haul transport
Breakbulk carriers
Breakbulk carrier G2 Ocean expands use of e-bills
Keith Wallis, Special Correspondent |
Blockchain-based electronic bills of lading can simplify shipping hurdles created when the effects of COVID-19 hamper travel and restrict normal processes.
Logistics Technology News
Breakbulk carriers
COVID-19 capex crunch threatens project logistics sector
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The massive demand destruction in the oil sector has triggered billions of dollars in capex cuts, shrinking the project cargo pipeline.
Project cargo
Breakbulk carriers
BBC’s Ulrichs navigates pandemic-altered MPV/HL market
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
BBC Chartering's CEO sees a rough course ahead amid COVID-19, but a stronger MPV/HL segment in the long run.
Breakbulk carriers
Project cargo
United Heavy Lift, Intermarine tie up to boost North America reach
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Intermarine will serve as exclusive commercial agent in North America for United Heavy Lift, though UHL ships are not expected to operate in Intermarine's liner services.
Breakbulk carriers
Project cargo
MPV/HL carrier Spliethoff adds former Zea Gold to fleet
Special Correspondent Keith Wallis |
Dutch carrier Spliethoff expands its multipurpose/heavy-lift fleet and opens an office in Singapore.
Breakbulk carriers
TMI down 9.8 percent on year as coronavirus sinks MPV/HL sector
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Toepfer's Multipurpose Index falls as COVID-19 effects hamper trade and plummeting oil prices shrink capital investments.
Breakbulk carriers
Project cargo
COVID-19 effects blow through breakbulk steel market
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Breakbulk steel imports are expected to decline further this year after falling in 2019, as sinking demand for vehicles and other steel-based products adds to tariff woes.
Breakbulk carriers
COVID-19, oil crash dampen Drewry MPV/HL forecast
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
A global economy hammered by pandemic control measures and an oil price war is bad news for the MPV/HL sector, maritime consultancy Drewry reports.
Breakbulk carriers
Project cargo
Heavy transport sector moves big cargo despite market turmoil
Special Correspondent Keith Wallis |
Cosco delivered a 3,700-mt bridge to Sweden even as the oil price crash hamstrings the spot market for the heavy transport sector.
Heavy-haul transport
Breakbulk carriers
Breakbulk shippers increasing ISPM 15 ‘self-mitigation’ measures
Catherine Dorrough, Special Correspondent |
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.
Breakbulk carriers
Project cargo
Breakbulk ports
Wallenius Wilhelmsen shrinks fleet on coronavirus demand dip
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Global car and roll-on, roll-off (ro-ro) carrier Wallenius Wilhelmsen Group is laying up ships and sending others to the scrap yard to preserve cash and liquidity as the spread of coronavirus causes automotive production to shut down worldwide.
Breakbulk carriers
Ro/ro cargo
Plunging oil prices pose fresh threat to MPV/HL sector
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
As export markets in China thaw following the reopening of manufacturing facilities closed due to the coronavirus disease 2019 (COVID-19), project owners face short-term vessel shortages and carriers fear a potential drop in demand due to falling oil prices.
Project cargo
Breakbulk carriers
G2 Ocean beefs up executive staff amid project cargo push
Special Correspondent Keith Wallis |
Multipurpose carrier G2 Ocean is expanding in Africa and Asia to support the joint venture company’s quest to double project cargo’s contribution to annual revenues.
Breakbulk carriers
Energy projects
China manufacturing outage hitting MPV/HL sector
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Project cargo bound for industrial projects is trapped in China due to measures to control coronavirus disease 2019 (COVID-19), triggering project delays and endangering a normally reliable cargo market.
Project cargo
Breakbulk carriers
Zeamarine goes public with restructuring amid bankruptcy filings
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
MPV/HL carrier Zeamarine files for insolvency in Bremen court as the Zea Gold is arrested for bunkers on board.
Breakbulk carriers
Project cargo
Restructuring puts Zeamarine on uncharted course
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Within just a few days in early December, Bremen-based multipurpose/heavy-lift (MPV/HL) carrier Zeamarine saw the sudden departure of founder Jan-Hendrik Többe and CCO Dominik Stehle, prompting the firm to bring in restructuring expert Sven Lundehn.
Breakbulk carriers
AAL adds monthly Europe-Asia breakbulk liner service
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Evolution continues in the MPV/HL fleet as AAL adds a global semi-liner service and an ex-Zeamarine executive plans a new US Gulf breakbulk service.
Breakbulk carriers
Intermarine brand resurrected in Zeamarine restructuring
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Richard Seeg has been named CEO of the newly-revived Intermarine brand, which will operate the Americas Line project and breakbulk cargo service out of Houston and New Orleans.
Breakbulk carriers
Project cargo
Port of Morrow nabs $1.6 million grant for breakbulk terminal
Chris Barnett, Special Correspondent |
Officials say the funding will help complete the Oregon river port’s partially finished breakbulk terminal and expedite project cargoes for two ambitious wind energy projects in the state.
Breakbulk carriers
Energy projects
Heavy-haul transport
Nine former Zeamarine ships added to UHL’s fleet list
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Zeamarine sheds its most modern ships as United Group strengthens its position in a slowly improving market.
Breakbulk carriers
Project cargo
Drewry expects 6 percent average MPV/HL rate growth in 2020
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Economic uncertainty eases, but overcapacity and changes in fleet makeup continue to pressure the MPV/HL sector.
Breakbulk carriers
Project cargo
Heavy-haul transport
SAL adds executives, gears up for 2020
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
German super-heavy carrier SAL announces C-suite additions and a digitization push as the outlook for 2020 stabilizes.
Breakbulk carriers
Project cargo
Wind cargo boosts freight tons at Port of Duluth-Superior
Chris Barnett, Special Correspondent |
The Port of Duluth-Superior sees growth opportunities in wind, breakbulk, and project cargo, and is investing heavily in Clure Terminal.
Breakbulk carriers
Energy projects
ARO 2020: Despite improving MPV/HL market, thin margins the new normal
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
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.
Breakbulk carriers
Project cargo
Heavy-haul transport
SAL invests in ships, green technology
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Harren & Partner, owner of heavy-lift carrier SAL, has purchased three secondhand ships and is also testing an innovative combustion system for retrofitting on other ships in the fleet.
Breakbulk carriers
Project cargo
CEO Birkeland wraps up tenure at G2 Ocean
Keith Wallis, Special Correspondent |
The Gearbulk/Grieg Star G2 Ocean partnership will continue to build its project cargo business as the JV transitions in its executive ranks, with the departure of chief executive Rune Birkeland at year-end.
Breakbulk carriers
Drastic changes play out at Zeamarine amid executive departures
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
German tax and crisis management expert Sven Lundehn has been brought in to manage the Bremen-based carrier, as top executives leave and founder Jan Hendrik Többe makes an exit.
Breakbulk carriers
Maritime
Special report: ‘Cargo is king’ for SAL Heavy Lift
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Outsiders can find vessel chartering in the breakbulk sector exasperatingly opaque. In part three of a six-part special report on the topic, JOC.com takes a look at how SAL Heavy Lift manages its business, which is seeing a boost in vessel use this year from energy projects.
Breakbulk carriers
Special report: No two days the same in breakbulk chartering
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Outsiders can find vessel chartering in the breakbulk sector exasperatingly opaque. In part two of a six-part special report on the topic, JOC.com takes a peek behind the curtain at BBC Chartering, which boasts the largest fleet in the sector.
Breakbulk carriers
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