Rebalancing the Project and Breakbulk Market: Expectations for 2023

After weathering a tumultuous couple of years, breakbulk and project cargo shippers are wondering what to expect from the multipurpose and heavy-lift shipping segment through 2023 and into 2024. What is the outlook for MPV/HL capacity, demand, ship orderbook, and rates? Although the pandemic-driven spillover market has dissipated, strong demand for roll-on, roll-off shipments is pushing high and heavy cargo toward MPV and container carriers, and looming energy-related oil and gas and renewables demand continues to keep the long-term outlook buoyant for breakbulk shippers, carriers, and logistics service providers. Susan Oatway, who recently joined the Journal of Commerce and S&P Global Market Intelligence teams as a research analyst with a focus on breakbulk and project shipping, will join senior editor Janet Nodar for this in-depth look at breakbulk and project market expectations. The webcast also will serve to lay the groundwork for the Breakbulk & Project Cargo Conference, to be held in New Orleans on April 19-21.

Janet Nodar, Senior Editor, Breakbulk, Project, and Heavy-Lift Shipping, Journal of Commerce, S&P Global Market Intelligence

Susan Oatway, Research Analyst-Project and Breakbulk Cargo, Journal of Commerce, S&P Global Market Intelligence

 

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