Midyear Breakbulk and Project Cargo Outlook

Conflict in the Red Sea, port congestion, longer voyages, and strong shipping demand are tightening capacity in the multipurpose sector and slowly pushing up rates. There are indications that some mode-malleable cargo is moving back from container to breakbulk modes, although this is expected to dissipate if and when container rates fall. Cargo shippers busy with traditional oil and gas projects as well as energy transition and manufacturing-related projects are coping with extended transit cycles and region-specific challenges finding equipment and vessel coverage.

This webcast will examine cargo demand and multipurpose/heavy-lift fleet supply and makeup amid a tumultuous geopolitical environment. Join Breakbulk and Project Cargo Senior Research Analyst Susan Oatway as she presents the latest forecast from the Journal of Commerce Breakbulk Quarterly Report. Joining Susan will be two industry executives who will engage in in-depth discussion about capacity and tonnage availability from the cargo shipper perspective.

Moderator:

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

Speaker(s):

Phillip Brown, BGL Global Chartering Manager, Bechtel

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

George Vassilas, Head of Chartering Americas Region, DHL USA

*Check back soon for more information! Interested in sponsoring this webcast? For more information, please visit https://subscribe.joc.com/mediasolutions/

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