The world’s seafarers are trending in the media at the moment, with the UK's Guardian and BBC News covering the fact that some are stretched to their limits working beyond their contracts, exhausted, under stress, and invisible to the governments that rely on the goods they carry. Many seafarers are currently
Covid-19
Covid-19 Update from Shipping & Logistics Executives Worldwide
It’s difficult to discuss the future of breakbulk transportation with any degree of certainty at the moment. At Breakbulk.news we have been talking to some international industry logistics providers to hear what they have to say about their circumstances on the ground over the past few weeks. Considering the weak economic
First apples sent by breakbulk to UK in years indicative of shift in shipping
According to Charles Gantz, managing director at Anlin Shipping, they usually carry apples and pears in containers on-deck. But with the current disruptions, exporters are willing to carry apples below-deck, and with great success. Anlin Shipping doesn’t usually budget for vessels during April, but this year three of their vessels have
Multipurpose charter rates are slipping
Time charter rates in the multipurpose shipping sector have dropped even further over the last month, according to Toepfer's Multipurpose Index for April. Multipurpose Index As can be seen in the April TMI April report, average daily time charter rates for a 12,500 dwt/F-type heavy lift vessel stands at USD6,863 for April
Multipurpose & heavylift shipping could stagnate if outbreak not contained by Q4 2020
Drewry’s latest forecast for multipurpose and heavy lift (MPV/HL) shipping confirms that if the coronavirus (COVID-19) outbreak is contained by 4Q20, the expected demand growth for breakbulk and project cargo will stay positive but remain very weak. In its latest Multipurpose Shipping Forecaster report, Drewry presents three different scenarios, depending on
COVID-19 Drives Air Freight Demand for Project Cargo, say deugro
Global logistics is experiencing a growing deficit in freight capacity across all modes of transportation. Air freight, in particular, is in high demand within the project logistics sector. deugro say they are satisfying this demand with an increasing number of air charters for critical equipment. The coronavirus pandemic is affecting schedules,
Urgent Demand for Medical Equipment Lifts Air Cargo Fees to ‘Crazy’ levels
According to Bloomberg: Increased demand for medical equipment to fight the coronavirus has sent the cost of chartering aircraft skyrocketing and turned a typically humdrum process into an ultra-competitive auction. “Chartered prices have been pushed up from less than $300,000 four to six weeks back to $600,000 to $800,000 in the
Wallenius Wilhelmsen safeguarding liquidity due to Covid-19 crisis
Wallenius Wilhelmsen are taking precautionary steps to adjust their operations and safeguard their liquidity as the shipping company prepares “for a challenging time ahead” as a result of the Covid-19 crisis. With regard to their fleet, Wallenius Wilhelmsen said that the current situation indicates an overcapacity of 10-15 vessels. They are