News / Carriers struggling to attract container traffic now attack the multipurpose sector

The continuing struggle by container lines to fill ships means the project and breakbulk shipping sector is in for more of the “worst market conditions for over 10 years”.

And according to Drewry, there will be no let up of the “dreadful” trading seen in 2015.

Following the recent publication of its Multipurpose Shipping Market and Forecast 2016 report, Drewry’s lead multipurpose analyst, Susan Oatway, described competition from container shipping as the “fly in the ointment” of the sector’s recovery.

She said project shippers in particular ...