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Breakbulk April 2019

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April 2019 | The Journal of Commerce 17 www.joc.com Breakbulk & Project Cargo becoming routine. Although there are now fewer players in the market, as long as the pressure on freight rates remains unsus- tainable, stakeholders will have no choice but to consider further measures. "With economic forecasts suggesting that 2019 will be another year of peaks and troughs, it would not surprise me to see this wave of consolidation continue — maybe not in the form of further acquisitions but certainly through more alliances and coop- eration among the sector's stakeholders as they seek additional ways to gain synergies and cut costs," he said. The sector certainly saw some drama during 2018 and early 2019, with the announcement of Zeaborn and Intermarine's joint venture, Zeamarine, in the spring, and the year-end bankruptcy of Ham- burg-based Hansa Heavy Lift still unfolding. As of late 2018, there were 900 to 1,000 vessels in the MPV/HL segment with lift capacities above 100 metric tons (110 tons). A small- er segment of "premium" carriers, perhaps only 550 to 600, are able to lift more than 250 metric tons. Premium players in the specialized MPV/HL market currently include AAL, BBC Chartering, Jumbo, SAL, Chipolbrok, Cosco Heavy Transport, BigLift/Splietho , Thorco Projects, and the aforementioned Zeamarine, which incorporates Zeaborn, the former Intermarine, and the former Rickmers-Line. Panayides considers a record low order- book to be good news, as there has been a need to reduce tonnage oversupply in the MPV/HL sector. "Encouragingly, a substantial part of the orderbook is planned only for replacement of older tonnage and will therefore not contribute to supply growth," he said. "To accommodate below-deck cargoes." Happy Dover is certifi ed to sail with open deck hatches, making it possible to stow high objects in the lower hold that would protrude above the main deck. They loaded and lashed in Rostock in two days and made the Atlantic crossing in 13 days, sailing the southern route through the Azores to avoid wintry conditions. "There was no problem at all. She made 14 to 16 knots a day," Wender said. second project cargo to move below deck while still meeting Liebherr's crane delivery date to Port Canaver- al, Wenders said. "Happy Dover is one of our fi ve Happy D-type vessels," Wender told The Journal of Commerce, "and was se- lected for its super-heavy-lift capacity and fl exibility, suitable two 400-met- ric-ton and one 120-metric-ton onboard vessel cranes to handle the Liebherr crane, and the two holds to Lake Charles, Louisiana, USA • portlc.com (337) 493-3513 • dloughney@portlc.com LAKE CHARLES HARBOR & TERMINAL DISTRICT PORTOF LAKE CHARLES L A K E C H A R L E S P O R T O F Project cargo moves efficiently through the Port of Lake Charles by roadway, railway and waterway. The mobile harbor crane was o oaded at Port Canaveral by local dockworkers selected by BigLift. "The crane was discharged in a single day's shift. It went very smoothly because there was a good coopera- tion by all the parties. This is what we all love about heavy-lift. It's our sweet spot." email: janet.nodar@ihsmarkit.com twitter: @janet_nodar IMO 2020 will further shrink or restrict the use of the current MPV/HL fleet.

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