The new downturn in the dry bulk market could pose a threat to the recovery of the breakbulk market, as a downturn in the dry bulk or container sector usually leads to increased competition.

The breakbulk market is expected to recover slowly this year. Susan Oatway, senior analyst for the MPV and Heavy Lift market at Drewry, recently told PCJ that global breakbulk demand is expected to grow with 1.5%, although the growth for the multipurpose and heavy lift market is only estimated at a half percent.