deugro recently pulled the curtains on a project for TPSK, a consortium of TechnipFMC and SK Engineering & Construction, that required moving 280,000 freight tons (frt) from over 35 seaports and airports to Vietnam. The...Read more
UECC is set to provide a new link for the automotive and high and heavy and breakbulk cargoes sailing between the Port of Pasajes in Spain and the Port of Cuxhaven in Germany. Starting May...Read more
Two major trends are anticipated to fuel growth in the breakbulk sector in 2023, the first being the focus on decarbonisation and the second being the shortage in the construction equipment market, driving the prices...Read more
White Paper“In 2022, demand growth for multipurpose vessels slowed significantly, while fleet capacity increased,” Susan Oatway says when summarising the breakbulk and project cargo year 2022. As a result of that combination, rates fell from the...Read more
With only around 87,000 commercial ships in the world, ‘Uberization’ of the shipping business is a relatively easy proposition according to SHIPNEXT CEO, Alexander Varvarenko. Speaking at a conference in New Orleans, Varvarenko added that...Read more
Breakbulk throughput in the Port of Rotterdam dipped significantly in the first three months of the year, mainly due to the fact that container carriers are dipping back into the sector. Read more
People of the industryMoving project cargo on Pure Car and Truck Carriers (PCTC) has evolved over the years, with the option now certainly delivering plenty of benefits to market players. José-Antonio Del Río, has been there to see...Read more
Metsä Group has agreed to cooperate with the Dutch shipping company Royal Wagenborg on reducing the climate impact of maritime transport. The goal the company has set it to reduce carbon dioxide emissions in sea...Read more
Quarterly throughput figures at the port of Antwerp-Bruges have come under pressure from the complex geopolitical and macroeconomic context, slipping when compared to the corresponding period in 2022. The merged port noted that general cargo...Read more
Over the month of March 2023, Drewry Multipurpose Charter Index slipped as expected with container carriers returning as competitors for breakbulk cargoes, putting more pressure on the multipurpose vessel rates. Read more
The recent dissolution of the 2M alliance between MSC and Maersk is expected to bring more competition in the container shipping sector. However, could the dissolution have a wider effect, on markets such as project...Read more
The family-run medium-sized shipping company HS Schiffahrts has seen the first steel for its 7,000 dwt multipurpose vessels cut at the Cochin Shipyard (CSL), India.Read more
Trans Global Project (TGP) has been contracted to deliver project logistics services for a clinker plant being developed in the Dominican Republic. The company will deliver breakbulk cargo from European ports to the project site.Read more
People of the Industry“With the present market disruptions, options are continuously shifting and changing. Right now the number of carriers to specific areas is going down, not up, that makes our job very interesting,” states Anton Plompen, marketing...Read more
Photo of the WeekEach week, Project Cargo Journal will be sharing one photograph, showcasing industry activity. This week’s photograph is courtesy of Seven Elephants Ship Agents.Read more
The need for a more sustainable world has brought about one of the major game changers of our time, the energy transition. For the EU this has become even more urgent because of the war in...Read more
With an economic slowdown expected Wallenius Wilhelmsen sees cause for cautious optimism, with roll-on, roll-off vessels being the safest, fastest and most cost-efficient way to transport oversized, heavy to lift or out-of-gauge cargo.Read more