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Breakbulk September 2019

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September 2019 | The Journal of Commerce 7 www.joc.com Cover Story Breakbulk & Project Cargo how to cater for growing demand in modu- larized construction...from large LNG plants and FPSO [fl oating production storage and o oading] modules to the increasing size of wind turbines," he said. ALE's involvement in the development of Taiwan's 130-megawatt Formosa 1 o shore wind farm saw the company redevelop land A resurgent market The quest for improved margins — likely leading to consolidation — comes during a rebound in demand for heavy-lift transportation. A resurgence in oil and gas developments, petrochemicals, and renewable energy that has led to increased optimism among specialist heavy-lift and project cargo carriers is also having a trickle-down e ect on land-based heavy transport specialists. "The market is getting better after two very di cult years, [which happened] due to lack of investments in the oil and gas sector. I believe that in the next three years, the market will reach the same positive levels of four or fi ve years ago," Belli said. Yannick Sel, global sales director for ALE, told The Journal of Commerce heavy transport is "starting to see growth in a range of key markets. Capital investment and growth are returning to the oil and gas sector after a prolonged and deep downturn that started in 2015." Renewables and civil projects are also in growth mode, he said, and European heavy transport companies are increasingly being tapped to lead important civil projects because clients prefer "partners that can provide a bespoke engineering service where local businesses lack experience on large, complex projects." Latture was equally bullish about the US market. "Barnhart is a regional player focused on only the US," he said. "Industrial construc- tion remains strong, with particular oppor- tunities in wind power and [the downstream portion] of natural gas production. O shore wind is also beginning to emerge in the US as a viable market." "From what I can see, things seem to be picking up," added a senior executive with a leading EPC contractor. "We're working on three petrochemical plants that are all going into front-end engineering design [FEED]. In terms of studies for mining proj- ects, there's a huge amount going on. We're on the cusp of a boom. "In terms of oil and gas, the fl avor of the month is liquefi ed natural gas [LNG]," the EPC executive said. "There's just been the fi nal investment decision giving the go-ahead for the Mozambique LNG project. It's going to be a massive undertaking." The remoteness of the region requires a com- plex logistics and mobilization e ort that only global heavy-lift specialists will have the experience to perform, he said. Market dynamics are also shifting, with customers demanding more innovative solutions, as opposed to straightforward "vanilla" transport and lifting operations, according to ALE's Sel. "Key issues include within the Port of Taichung to make it suitable for heavy load storage and load-out, in addition to providing the usual transport services. "Renewable energy will continue to grow," Sel said. "We recently worked with GE in transporting their record-breaking 12 MW Haliade-X turbine, ready for testing in the UK and also for its unveiling in France. SAFETY. COMMITMENT. INTEGRITY. | toteinc.com From twice-weekly shipping to Puerto Rico & Alaska or world-class ship and crew management, the same values of safety, commitment, and integrity are underway. ALWAYS RUS

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