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breakbulk news
breakbulk carriers
Breakbulk carriers
News and analysis of carriers serving the breakbulk, heavy-lift, and project cargo markets
The latest
Breakbulk carriers
News & Analysis
New Orleans H1 breakbulk tonnage doubles amid ‘spillover’ surge
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Pandemic congestion may be easing as container rates fall, but breakbulk spillover cargo shows no sign of slowing at the Port of New Orleans.
Breakbulk carriers
Breakbulk ports
Breakbulk carrier, box maker team for trans-Pac domestic container service
Michael Angell, Associate Editor |
Carrier53, a joint venture of a breakbulk vessel operator and container manufacturer, said it will offer trans-Pacific sailings from China to the US West Coast with a special emphasis on domestic intermodal containers.
Container lines
Forwarding
Breakbulk carriers
MPV/HL charter rates may have peaked, but no crash ahead: analysts
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Easing container congestion and the summer “doldrums” have sent MPV rates drifting downward, but carriers expect energy-related demand and tight capacity to keep the sector healthy in the long term.
Breakbulk carriers
Specialized reefer fills gap for shippers of perishable goods
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Congestion and unreliable service from liner carriers is driving some cold chain shippers back to the conventional reefer fleet
Breakbulk carriers
Carrier SAL orders up to six super-heavy MPVs
Keith Wallis, Special Correspondent |
SAL joins competitors AAL and UHL with firm orders for multipurpose newbuild vessels, even as charter rates soften a bit from their current high levels.
Breakbulk carriers
Short-term breakbulk pessimism offset by long-term rate strength
Keith Wallis, Special Correspondent |
Uncertainty and congestion are undermining market confidence, but MPV rates are expected to stay well above pre-pandemic levels, according to breakbulk analysts.
Breakbulk carriers
Some shippers sticking with MPVs even as ‘spillover’ market subsides
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The breakbulk industry’s scramble to manage spillover cargo is ebbing as shippers' need for alternative tonnage eases, but that does not necessarily mean a rush back to pre-COVID norms.
Breakbulk carriers
Chaotic ‘spillover’ market reveals value of breakbulk shipping skills
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Old-fashioned breakbulk and supply chain skills have served shippers well in the “spillover” market, and some practices may linger after the container market normalizes.
Breakbulk carriers
MPV indexes hold steady at high levels as container spot rates soften
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
No “summer slump” is expected for the multipurpose sector even though softening spot rates for container shipping will send some spillover shippers back to boxes.
Breakbulk carriers
MPV carrier UHL orders two F-900 ‘Eco-lifter’ newbuildings
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The latest vessels in UHL’s F-900 series will be built in Hudong, China, and are due to be delivered in late 2023 and early 2024.
Breakbulk carriers
MPV rates plateau, but long-term strength expected: analysts
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
A tightening supply of multipurpose ships bodes well for carriers and their bottom lines, but signals a higher “new normal” ahead for breakbulk and project shippers.
Breakbulk carriers
Pitfalls increase for breakbulk importers as sanctions grow in complexity
Chris Barnett, Special Correspondent |
Breakbulk importers must navigate complex sanctions rules and a CBP crackdown on goods made with forced labor, attendees at JOC’s 2022 Breakbulk and Project Cargo conference were told.
Breakbulk carriers
Steel, other US commodity imports face severe shortage of storage space
Chris Barnett, Special Correspondent |
Severely limited warehousing capacity at North American ports is adding to the challenges facing breakbulk shippers in 2022, attendees at JOC’s Breakbulk and Project Cargo conference were told.
Breakbulk carriers
‘Troublesome’ outlook ahead for breakbulk shippers
William B. Cassidy, Senior Editor |
Multipurpose and heavy-lift vessel capacity will remain tight for years, keeping upward pressure on pricing, carrier executives said at the JOC Breakbulk & Project Cargo conference.
Breakbulk carriers
War, market uncertainty stall MPV rate growth: analysts
Keith Wallis, Special Correspondent |
Although rates could plateau or slide as global stressors impact the MPV market, underlying demand will not soften as the energy transition accelerates.
Breakbulk carriers
Industry veteran to drive new approach at Combi Lift
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Combi Lift will serve as a wholesale "integrator" of owner Harren & Partner’s assets, including the carriers SAL Heavy Lift and Intermarine
Breakbulk carriers
Ukraine invasion could tighten already-scarce MPV tonnage
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Russia’s invasion of Ukraine could exacerbate a tonnage shortage in the global MPV/HL sector driven by ongoing container-side congestion and spillover cargo.
Breakbulk carriers
Loss of AN-225 in Russian attack a blow to Ukraine's Antonov Airlines
Keith Wallis, Special Correspondent |
While Antonov's smaller AN-124s continue to operate, restoring the behemoth AN-225 will take five years and cost more than $3 billion, according to the Ukrainian government's news outlet.
Breakbulk carriers
AAL bucks MPV ordering trend with two new ships
Keith Wallis, Special Correspondent |
MPV/HL newbuildings expand dship, BBC Chartering fleet as AAL places orders for a total of six new ships.
Breakbulk carriers
‘Trickle-down’ expectations pressuring MPV operators
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
While a rate "plateau" may be looming, container congestion and equipment supply shortages will continue to push spillover cargo into the MPV sector, analysts say
Breakbulk carriers
Project cargo
Expect high MPV rates, tight capacity through 2022, say analysts
Keith Wallis, Special Correspondent |
Soaring freight rates are incentivizing MPV carriers to turn down lower-value backhauls and return empty to load ports.
Breakbulk carriers
Container imports jump at Everett as carriers seek alternative ports
Chris Barnett, Special Correspondent |
Extra-loaders carrying spillover cargo are dramatically increasing container imports at the Port of Everett in Washington state.
Breakbulk carriers
MPV extra-loader demand expected to last into 2022
Keith Wallis, Special Correspondent |
In a bid for predictability, shippers are signing up for long-term MPV charters despite rocketing rates fueled by strong cargo demand from traditional customers and freight forwarders managing spillover container cargo.
Breakbulk carriers
MPV newbuildings won’t dent coming capacity shortage
Keith Wallis, Special Correspondent |
While newbuildings add needed tonnage to the MPV/HL fleet, they will not stave off what sector participants say is a looming capacity shortage.
Breakbulk News
Breakbulk carriers
MPV rates up, but rate of increase easing: Drewry
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
"Spillover" demand in the MPV/HL carrier segment is not yet slowing, thanks to ongoing port congestion and shippers willing to use alternatives to traditional container shipping.
Breakbulk carriers
Container inquiries dropping for MPV sector: analysts
Special Correspondent Keith Wallis |
While the urgency of containers being carried on multipurpose/heavy-lift vessels is easing, the spillover market will continue to affect the MPV sector into 2023, analysts say.
Breakbulk carriers
Global ro/ro carrier Wallenius Wilhelmsen names new CEO
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Lasse Kristoffersen, former CEO of bulk operator Torvald Klaveness, will take the helm of Wallenius Wilhelmsen
Ro/ro cargo
Breakbulk carriers
Container 'spillover' into breakbulk market stabilizing
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Consolidation and a looming capacity shortage will shape the MPV sector once the spillover market has calmed.
Breakbulk carriers
Rate gains in MPV/HL sector to slow: analysts
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Both shipper panic and carrier euphoria are calming as the breakbulk market becomes more predictable, albeit at higher rates.
Breakbulk carriers
MPV/HL demand rising, but growth to slow longer term: MSI
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
A strong short-term market is pushing MPV/HL demand, but carriers sense the market frenzy is abating.
Breakbulk carriers
AAL orders four new heavy-lift ships
Special Correspondent Keith Wallis |
While the “spillover” container market that is driving up MPV rates and creating a capacity shortage will eventually dissipate, in the longer term a low orderbook could mean a capacity shortage, analyst Drewry says.
Breakbulk carriers
Project cargo
MPV/HL charter rates up 137 percent since October 2020: Toepfer
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
The spillover market will not dissipate until box rates dip below five figures, according to Geodis' senior VP for global ocean freight.
Breakbulk carriers
Growing share of US imports arriving on MPV/HL ships amid capacity crunch
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Skyrocketing demand is pushing imports into the US toward MPV/HL and other non-container carriers in a wave of spillover cargo.
Breakbulk carriers
MPV/HL market shifts toward longer-term commitments
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
In a change from long-held norms, earlier contracting is becoming more standard in the breakbulk and project market as cargo shippers labor to secure capacity and reduce risk and price volatility.
Project cargo
Breakbulk carriers
Höegh Autoliners orders eco-friendly Aurora-class car carriers
Special Correspondent Keith Wallis |
Oslo-based Höegh’s latest order for vehicle carriers comes amid growth in imports of China-made vehicles at European ports.
Ro/ro cargo
Breakbulk carriers
Despite climbing MPV/HL rates, shipping boom ‘finite’: Drewry
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Container shippers are increasingly switching to breakbulk solutions to move their cargo, pushing MPV/HL bookings into the fall and driving up rates.
Breakbulk carriers
New approaches needed to stamp out breakbulk pests
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Controlling dangerous wood-boring pests in wood packaging material will require more consistent enforcement across the US and helping the private sector learn how to look for these pests themselves.
Transport, Trade, and Regulation News
Maritime
Breakbulk carriers
Breakbulk ports
MPV market tightens further amid rush for capacity: Toepfer
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Forward bookings are becoming the norm as some MPV/HL carriers require premiums for laycan dates, and a dearth of newbuildings in the sector implies that the current market will not slow down in the short term.
Breakbulk carriers
Container chaos driving demand for Antonov capacity
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Shippers eager to move computer components, semiconductor chips, and auto production parts are eating up super-heavy air capacity even as demand for traditional OOG cargo improves.
Breakbulk carriers
Air Cargo
MPV/HL rates to maintain upward momentum: analysts
Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Spillover container cargo is driving the strongest breakbulk market in more than a decade, MPV/HL carriers say.
Breakbulk carriers
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