Breakbulk shipping

Up-to-date breakbulk news and analysis about the end-to-end movement of breakbulk cargo and heavy lift and project cargoes. Coverage tracks breakbulk news about premier gateway ports, terminals, carriers and charterers. It also covers as well as wind cargo, roll-on/roll-off (ro/ro), newbuildings, storage and processing capacity, inland supply chain connectivity and landside transport for energy, infrastructure, construction and other industries.

The latest Breakbulk shipping News & Analysis

Rouen boosts breakbulk focus

Andrew Spurrier, Special Correspondent | Oct 21, 2015, 5:23 PM EDT

France’s River Seine port of Rouen has for a long time made a specialty of the north-south regular line trades, particularly those between northern Europe and west Africa.
MaritimeBreakbulk shipping

SSA Marine Exec: Too many terminals still stuck in the time of breakbulk

Bill Mongelluzzo, Senior Editor | Oct 10, 2015, 1:00 PM EDT

SSA Marine Vice President John DiBernardo says it is no wonder that many container terminals today are struggling to handle the cargo surges generated by big ships. They continue to do business much as they did in the days of breakbulk shipping, acting as storage sheds as they await the arrival of truckers who show up in randomly.
North American portsBreakbulk shipping

Three former NYK, 'K' Line execs charged in ro-ro price-fixing case

JOC Staff | Oct 7, 2015, 11:16 AM EDT

Three former “K” Line and NYK executives have been indicted for alleged participation in a scheme to rig bids and fix prices for international shipments of roll-on, roll-off shipments to and from the United States.
Breakbulk carriers

Rickmers profit rises by double-digits

Bruce Barnard, Special Correspondent | Aug 20, 2015, 8:59 AM EDT

Rickmers Group’s operating profit rose 35 percent in the first half, as its shipping unit returned to the black and a strong dollar boosted revenues.
Breakbulk carriers

Oil project cuts rattle breakbulk

Michael Hollmann, Special Correspondent | Jun 3, 2015, 12:00 AM EDT

Cutbacks to exploration and production budgets by oil and gas producers are reverberating across the breakbulk and heavy-lift sectors as material and supply shipments slump.
MaritimeBreakbulk shipping

Rickmers converts from a KG to corporation; possible IPO prelude

Bruce Barnard, Special Correspondent | Jun 1, 2015, 10:41 AM EDT

Rickmers Holding has switched its legal status from limited partnership to stock corporation, paving the way for a potential initial public offering by Germany’s biggest container ship owner and manager, most likely in New York.
Breakbulk carriers

Why breakbulk's recovery failed

Michael Hollmann, Special Correspondent | May 7, 2015, 12:00 AM EDT

After the world financial meltdown and recession of 2008, many hoped that the market balance in multipurpose shipping could be restored by at least 2015.
MaritimeBreakbulk shipping

Rickmers profit stalls, revenue falls

Bruce Barnard, Special Correspondent | Apr 10, 2015, 10:30 AM EDT

Rickmers Group’s net income stalled and revenue declined in 2014 but Germany’s leading container ship owner and manager continued to grow its fleet and restructured its loans.
Breakbulk carriers

Rickmers Maritime slides into the red in 2014

Bruce Barnard, Special Correspondent | Feb 26, 2015, 11:31 AM EST

Rickmers Maritime sank to a $16 million net loss in 2014 from a $23.5 million profit in the previous year as impairments and lower containership charter rates in the third quarter offset a profitable final three months.
Breakbulk carriers

Breakbulk carriers face critical year as competition builds

Peter T. Leach, Editor-at-Large | Dec 29, 2014, 2:50 PM EST

So many breakbulk and heavy-lift carriers are losing money that industry analysts expect some smaller carriers to face bankruptcy in 2015 or consolidation with other carriers, at the very least.
ForwardingBreakbulk shipping

Baltic Reefers acquires NYK’s reefer division

Grace M. Lavigne, Associate Web Editor | Aug 27, 2014, 5:01 PM EDT

Baltic Reefers will acquire NYKCool from NYK Reefers, the refrigerated shipping segment of Japanese shipping giant NYK Line on Sept. 1.
Breakbulk carriersCool Cargoes

Rickmers-Linie (America) names new president, CEO

Grace M. Lavigne, Associate Web Editor | Jun 16, 2014, 10:40 AM EDT

Rickmers-Linie has named Waldemar “Val” Poulsen as president and CEO of Houston-based Rickmers-Linie (America), effective July 1.
Breakbulk carriers

Widdows Out as Rickmers Group CEO

Bruce Barnard, Special Correspondent | Apr 30, 2014, 10:10 AM EDT

Ron Widdows, the high-profile U.S. chief executive officer of Rickmers Group, will step down from his post tomorrow, May 1, the leading German shipowner announced today as it posted its 2013 results.
Breakbulk carriers

Breakbulk, Heavy-Lift Market Poised for Resurgence

Peter T. Leach, Editor-at-Large | Jan 22, 2014, 10:48 AM EST

The market for breakbulk and heavy-lift ocean cargo is emerging from the doldrums it experienced last year. Although a backlog of global industrial projects carried the heavy-lift sector through 2012 and construction of new pipelines and wind farms in the U.S. filled inbound multipurpose breakbulk vessels that year, demand largely dried up in 2013. But the picture is brightening, and the market is positioned for a significant recovery in 2014 and 2015.
ForwardingBreakbulk shipping

Rickmers Maritime Trust Sets Up Corporate Bond Program

JOC Staff | Nov 19, 2013, 11:43 AM EST

Rickmers Maritime Trust has established a Singapore $300 million (about US$240.5 million) corporate bond program to fund capital expenditure.
Breakbulk carriers

Rickmers Boosts Bond as Profit, Revenue Shrink

JOC Staff | Oct 28, 2013, 11:29 AM EDT

Rickmers Group is adding €75 million (about US$103.4 million) to its €175 million corporate bond issued in June.
Breakbulk carriers

Rickmers Teams Up With US Investor to Buy Container Ships

JOC Staff | Sep 23, 2013, 1:31 PM EDT

Rickmers Group, the German shipowner, has established a joint venture with funds linked with U.S.-based Apollo Global Management to buy container ships.
Breakbulk carriers

Rickmers Maritime Rights Issue Oversubscribed

JOC Staff | May 21, 2013, 8:13 AM EDT

Breakbulk carriers

Rickmers Holding Issues 200 Million Euro Bond

JOC Staff | May 15, 2013, 9:40 AM EDT

Breakbulk carriers

Rickmers-Linie Adds 10th Ship to Pearl String Service

JOC Staff | May 3, 2013, 4:45 PM EDT

Rickmers-Linie has added a 10th vessel on its eastbound round-the-world Pearl String Service, which connects Europe, Asia and North America, as part of its continuing investment program.
Breakbulk carriers

Rickmers-Linie Charters Vessel for Middle East, India Fleet

JOC Staff | Apr 8, 2013, 8:56 PM EDT

Rickmers-Linie has decided to charter into its fleet the 19,100 deadweight ton, 2012-built Pacific Winter.
Breakbulk carriers

Rickmers-Linie Expands Philadelphia Service

JOC Staff | Mar 26, 2013, 10:38 AM EDT

Rickmers-Linie will expand its service at the Port of Philadelphia with the addition of a westbound service connecting Asia, South America and North America...
Breakbulk carriers

Rickmers Joins With Oaktree to Order Eight Container Ships

JOC Staff | Dec 3, 2012, 2:46 PM EST

Breakbulk carriers

BBC Chartering USA Appoints New President

x | Sep 9, 2009, 3:57 PM EDT

BBC Chartering &amp; Logistic on Sept. 3 named Per Petersen president of BBC Chartering USA. <br /> <br />
Breakbulk carriers