Breakbulk and Project Transport: Competition, Capacity, and Decarbonization
This forward-looking roundtable discussion will focus on project and breakbulk market expectations and challenges as they appear to a range of ocean transportation providers. The project and breakbulk cargo niche is less transparent and more difficult to analyze than other shipping sectors. Indices are limited, while tracking trade flow requires a grasp of many trade routes and cargoes. Wind energy, oil and gas, mining, steel, and other breakbulk generate very different cargoes and commodities in a variety of trade lanes. Some of these cargoes require engineered transportation and specific ship types; others are far more flexible. This fragmentation greatly adds to the complexity of the niche. In this session, carrier executives will discuss market expectations, competition, the orderbook, and gearing up for decarbonization and green fuels.