Breakbulk News

EPCs say that tariffs enforced after project costs are finalized not only impact the bottom line but in some cases destroy the viability of a project, hitting volumes in the breakbulk trade.

Airbus’ sudden shutdown of its heavy-lift subsidiary is pushing aviation experts to investigate alternative options to ensure lifts for outsized and project cargo loads are maintained.

A planned US executive order to halt offshore wind turbine activities along the East Coast has the sector in turmoil.

International automakers are putting much-needed investment into Indian manufacturing facilities to increase export capacity.

The question is not whether the market will be strong in the first quarter, but rather how high rates will climb, writes analyst Richard Bright.

With the president-elect looking to unwind some Biden administration policies, US port operators want to ensure that maritime transportation funding will not be unduly affected.

The shipowner’s decision to expand its MPV fleet is underpinned by expected growth in project cargo volumes and a lack of suitable ships.

The project, expected to drive further investment at Europe’s second-busiest port, is the largest investment in Europe’s chemical industry in more than 20 years.

The challenges for truck demand growth in 2025 vary depending on activity in four major sectors: warehousing, office, data centers and manufacturing, according to Jason Miller.

US energy and climate regulations and policies are expected to shift with the incoming Trump administration, although the magnitude of that shift is still unknown.

Increased orders and decreased recycling in 2024 helped capacity, but the volumes are still not where they need to be to balance the MPV fleet.

Outside investment for project carriers is scarce, primarily because future project cargo flows are so difficult to predict.

Slow vehicle sales, easing charter rates and surplus fleet growth are set to ease the intensity of the ro/ro sector.

The wind energy sector provides a key source of project and breakbulk cargo, but US policy shifts could dampen future activity given that President-elect Donald Trump has been a vocal opponent of offshore wind.

Limited air freight options for specialized cargoes are not expected to ease in the short term.

Steady-but-uninspiring demand for MPVs has kept freight rates at a sustainable level.

A growing need to replace aging US hydropower units adds weight to project demand from the renewable energy sector.

Industrial projects reliant on imported steel are expected to feel the pinch of an import and quality crackdown in the country.

A decline in sales of high-and-heavy equipment for the bellwether roll-on/roll-off cargo providers will reduce demand for breakbulk carriers.

Donald Trump has promised to stop US offshore wind projects on “day one” of his administration, but stakeholders say they are cautiously optimistic that momentum from existing projects and leases could help ease his resistance.

MPV operators are hopeful the incoming Trump administration will build on Biden’s support for nuclear power generation, which would boost cargo volumes.

The Ships for America Act and national security spotlight seen as growth opportunities for US-flag commercial fleet.

Minimal movements in industry indexes underline a constant demand for MPVs with capacity artificially reduced by Red Sea diversions.

A second Trump term could benefit US oil projects, but offshore wind is under threat as an early casualty of the new administration.

A slower-than-expected transition to renewable energy sources is augmenting — rather than replacing — investment in traditional oil and gas, boosting project cargo demand.

Weak economic trends have kept the pressure on industrial end-markets serviced by Linde and Air Liquide, which provide key cargo for the breakbulk and project cargo segments.

Asian exports and growth in construction and mining demand are expected to prop up ro/ro volumes, two major vessel operators say.

The Port of Virginia is enjoying a 372% surge in breakbulk cargo volumes thanks largely to handling cargo shipments supporting a 2.6-gigawatt offshore wind project.

The decline in oil prices has prompted diversification of projects for Baker Hughes and SLB.

Beth Ann Branch is taking the reins as New Orleans develops the $1.8 billion Louisiana International Terminal, which will allow the port to service ultra-large container ships.

Rapid urbanization and strong economic growth are driving project cargo volumes in India, although heavier cargoes are becoming harder to handle due to port equipment and infrastructure limitations.

Healthy demand for “sophisticated” multipurpose vessels is being undercut by a sluggish market for standard MPVs.

A 10-ship order and the acquisition of MPV carrier ForestWave will increase Spliethoff’s fleet to 155 ships by 2029.

The record order book for car carriers comes amid forecasts of falling global production of light vehicles, a key driver of roll-on/roll-off vessel demand.

Container lines are contracting directly with perishables shippers, undercutting volume brokers, but the specialized reefer fleet is hanging on to niche markets as a handful of ports pivot toward dockside cold storage.

Should a strike occur — and if it continues for an extended period — one possible outcome is the spillover of container cargo into breakbulk vessels, similar to the scenario that played out in response to supply chain bottlenecks during the pandemic.

The MPV sector is seeing a period of stability in charter rates and cargo demand after a period of intense routing disruptions linked to the militant attacks on commercial shipping in the Red Sea.

Multipurpose carriers are reluctant to invest in newbuildings for several reasons, including uncertainty around the availability of carbon-neutral fuels for tramp shipping.

EPCs report revenue gains and hefty project backlogs as manufacturing and traditional and alternative energy projects gain momentum.

A Journal of Commerce analysis reveals that the average age of MPVs now trading globally is rapidly approaching 20 years, with almost 12% of vessels 25 years or older.