News / Demand for multipurpose vessels grows as lines lose interest in project cargo

BBC Chartering

As container lines ’lose interest’ in oversized cargo, larger-sized breakbulk and heavylift vessels are predicted to see an average 6% rise in their earnings this year, according to Drewry.

Breakbulk shipowners are now not seeing the usual threat to their sector from container carriers looking to top up their ships with project and heavylift cargo.

The danger from “carrier poaching” has receded significantly in past months as the supply of containerships has been artificially reduced by the vast number of vessels out ...