News & Analysis
20 May 2022
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.
10 May 2022
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.
29 Apr 2022
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.
12 Apr 2022
Although rates could plateau or slide as global stressors impact the MPV market, underlying demand will not soften as the energy transition accelerates.
14 Mar 2022
Combi Lift will serve as a wholesale "integrator" of owner Harren & Partner’s assets, including the carriers SAL Heavy Lift and Intermarine
07 Mar 2022
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.
02 Mar 2022
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.
22 Feb 2022
MPV/HL newbuildings expand dship, BBC Chartering fleet as AAL places orders for a total of six new ships.
11 Feb 2022
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
11 Jan 2022
Soaring freight rates are incentivizing MPV carriers to turn down lower-value backhauls and return empty to load ports.
27 Dec 2021
Although spillover cargo from the congested container market will recede as the market stabilizes, breakbulk and recovering project demand coupled with shrinking capacity are expected to keep MPV/HL rates from sinking to pre-COVID-19 levels
22 Dec 2021
Extra-loaders carrying spillover cargo are dramatically increasing container imports at the Port of Everett in Washington state.
21 Dec 2021
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.
21 Dec 2021
While newbuildings add needed tonnage to the MPV/HL fleet, they will not stave off what sector participants say is a looming capacity shortage.
08 Dec 2021
"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.
29 Nov 2021
Lasse Kristoffersen, former CEO of bulk operator Torvald Klaveness, will take the helm of Wallenius Wilhelmsen
16 Nov 2021
Consolidation and a looming capacity shortage will shape the MPV sector once the spillover market has calmed.
12 Nov 2021
Elevated freight rates and strong high and heavy and breakbulk volumes boosted roll-on/roll-off carrier Wallenius Wilhelmsen’s earnings even as vehicle volumes slide due to chip and parts shortages.
05 Nov 2021
Both shipper panic and carrier euphoria are calming as the breakbulk market becomes more predictable, albeit at higher rates.
01 Nov 2021
A strong short-term market is pushing MPV/HL demand, but carriers sense the market frenzy is abating.
19 Oct 2021
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.
07 Oct 2021
The spillover market will not dissipate until box rates dip below five figures, according to Geodis' senior VP for global ocean freight.
06 Oct 2021
Skyrocketing demand is pushing imports into the US toward MPV/HL and other non-container carriers in a wave of spillover cargo.
04 Oct 2021
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.
04 Oct 2021
Oslo-based Höegh’s latest order for vehicle carriers comes amid growth in imports of China-made vehicles at European ports.
13 Sep 2021
Container shippers are increasingly switching to breakbulk solutions to move their cargo, pushing MPV/HL bookings into the fall and driving up rates.
03 Sep 2021
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.
06 Aug 2021
Spillover container cargo is driving the strongest breakbulk market in more than a decade, MPV/HL carriers say.
04 Aug 2021
MOL’s order for LNG-fueled car carriers shows that ro-ro newbuildings are stacking up as the sector pivots toward lower-carbon and next-generation fuels.
21 Jul 2021
As desperate shippers search for cargo solutions and sop up breakbulk capacity, the new MPV/HL sentiment index reveals strong short-term confidence but longer-term wariness in the breakbulk sector.
12 Jul 2021
MPVs are booked through the summer, but improving charter rates are not yet sufficient to support newbuildings, analysts say.
30 Jun 2021
Despite higher costs to move automobiles and high and heavy cargoes, and uncertainties related to the COVID‑19 pandemic that continue to challenge the recovery, demand is rebounding quickly.
10 Jun 2021
After a long slump, strengthening MPV freight rates could encourage reinvestment in the sector for the first time in a decade.
07 Jun 2021
Worried forwarders are struggling to find transport solutions for their clients in a congested global shipping market, pushing formerly containerized cargoes out of boxes and into breakbulk modes.
07 May 2021
Breakbulk freight rates are climbing, but uncertainty about new fuels, ship designs, and the long-term strength of the market are holding back orders for new ships.
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