2018 Breakbulk and Heavy-Lift Outlook

After several years of unrelieved gloom and premature reports of a market recovery, breakbulk and project cargo shippers and carriers say better times may really be around the corner, possibly this year. “We see a positive upturn in 2018 and 2019, Susan Oatway, lead analyst for multipurpose shipping at Drewry Shipping Consultants, said in late 2017. “I am cautiously optimistic.” Drewry expects breakbulk rates will start to rise this year as the global economy improves, more vessels are scrapped, fewer new ships are launched, and competing container and bulk carriers find more attractive opportunities in their core markets. Any recovery would contrast with the depressed market the industry has endured since slumping energy and commodity prices caused demand to plunge just as carriers took on hundreds of multipurpose vessels ordered on the eve of the Great Recession. 
This webcast will analyze the trends and dynamics driving the breakbulk and heavy-lift shipping industry in the year ahead.
Joseph Bonney, Senior Editor, Breakbulk and Project Cargo, JOC, Maritime & Trade, IHS Markit
Susan Oatway FICS, Associate, Drewry
Interested in sponsoring this webcast? For more information, please contact Tony Stein at Tony.Stein@ihsmarkit.com
Thursday, February 22, 2018 - 11:00