Cover Story
Breakbulk &
Project Cargo
www.joc.com 6 The Journal of Commerce
|
April 2018
She cited broad improvement in
the global economy that is boosting
demand, a slowdown in vessel orders
that is keeping capacity growth in
check, and the possibility that con-
tainer and bulk carriers will see im-
provement in their core markets that
discourages them from competing for
project and breakbulk shipments.
This kind of optimism has been
voiced before, but now it is being
shared by companies involved in oil
Global economic
growth brightens
prospects for
multipurpose carriers
By Joseph Bonney
Multipurpose
THE MIRAGE IS starting to look real.
After years of forecasts of imminent
recovery in depressed breakbulk and
project markets, there are growing
signs the market fi nally is close to
shaking its doldrums.
"I am a little more optimistic
than I was last year," said Susan
Oatway, breakbulk specialist at
Drewry, who spoke during a recent
JOC webcast. "The fundamentals are
defi nitely there."
