Container boom pushing up breakbulk rates

Chamber of Shipping > Blog > News > International > Container boom pushing up breakbulk rates

As container rates and associated supply chain chaos escalate, two related trends are galvanizing the breakbulk sector: shippers and their forwarders are booking more and more laden containers on multipurpose vessel/heavy-lift ships, and many are testing out cargoes in the breakbulk mode.  Breakbulk operators are keenly aware that spillover effects from the tumultuous container market will not last forever and are currently enjoying productivity gains that they have not seen for almost a decade.  There are no new multipurpose vessel/heavy-lift ships entering the market any time soon but the spillover to this sector is definitely giving owners some much needed market confidence.

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