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Heavy Lift Across the World

Rate pressures facing conventional sector being seen by heavy lift operators

May 29 - Speaking at this week's Breakbulk Europe conference in Antwerp, Arie Peterse, managing director of BigLift Shipping suggested that shipping lines that focus on heavy lift and over-dimensional cargoes, blessed with many years of capacity shortages


Predicting that in considering supply and demand, freight rates will trend lower in the next two years, Mr Peterse advised that that whilst his own company still has a backlog of contracts of affreightment from the past two years, it only provides employment for a small portion of the fleet until 2011. Which does suggest that BigLift, along with the other lines will have to rely more on the weakening spot market to contract cargo.
One specialist multinational project forwarder who wished to remain anonymous said that whilst the coming years are expected to be more difficult for all involved the project and heavy lift business, he anticipated that as freight rates for over-dimensional and heavy lift are likely to continue falling as investments in projects stall, this might sway things in favour of companies such as his.
Mr Peterse concluded: "It will be survival of the fittest again." Which reminded us of the headline on the front cover of our Jan/Feb 09 edition.



Heavy Lift | News

Damen ships multiple hulls with Boskalis thumbnail image

Damen ships multiple hulls with Boskalis

June 25 - Royal Boskalis Westminster’s heavy lift vessel Black Marlin has departed Shanghai loaded with 18 Concordia Damen hulls and a crane barge.
Views: 95
FROM THE MAGAZINE: Road rules drive cargoes on to rail thumbnail image

FROM THE MAGAZINE: Road rules drive cargoes on to rail

June 24 - Germany is seeing more project cargoes switching to rail as road regulations are more strictly enforced, while in Russia the sheer distances involved ensure the economic advantages of rail, writes Yvonne Mulder.
Views: 295
Duke steps up at Grieg Star thumbnail image

Duke steps up at Grieg Star

June 21 - Matt Duke is to succeed Camilla Grieg as ceo of Grieg Star, effective July 1, 2019. 
Views: 554

Heavy Lift Across The World

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