Press Releases

Unedited news and product information from vendors.

Breakbulk Industry Faces Growth Amid Recovery Challenges; March-April 2011 Issue of Breakbulk Magazine Released Today
Mar 22, 2011 (05:03 PM EDT)


NEWARK, N.J., March 22, 2011 /PRNewswire/ -- Ship orders are growing and continued improvement is expected for the breakbulk transportation sector in 2011, reports Breakbulk Magazine. The March-April 2011 issue, released today, includes a sneak peak at Drewry Shipping Consultants' latest predictions for the year, including a look at the multipurpose fleet and analysis of cargoes expected to drive growth.

"As of January 2011, the multipurpose order book, including heavy-lift vessels, amounted to almost 7.4 million deadweight tons, which represented 28 percent of the fleet," said Susan Oatway, Editor and Senior Consultant, Drewry Maritime Research, in the Breakbulk article "Multipurpose Fleet Outlook." "The multipurpose ship order book can be considered at a healthy level, considering the potential for demolition candidates."

Japan's recent earthquake and tsunami, reviewed in "1,000-Year Quake, Tsunami Wreck Japan," has been a tragic revisiting of the immense damage a natural disaster can inflict in seconds. The ripple effects that disasters create in the shipping industry is a key theme of the current issue, which also includes an examination of the effect of Australia's recent flooding on the coal-mining industry and a year-later look at Haiti's painfully slow recovery from the January 2010 earthquake in the article "Stuck in Low Gear."

"We have moved some machinery, but we expected to have roll-on, roll-off ships full of equipment, new and used, to go down there to build roads and buildings and push debris out of the way," said Michael Hopkins, Crowley Maritime, vice president for Caribbean operations, of relief planned for Haiti. "It's nothing like we had expected and hoped for."  

Breakbulk also takes an in-depth look at Australia's stringent biosecurity regime and regulations, important considerations to those importing project and breakbulk cargo for the country's many massive capital projects.

"Cocoa Wars" investigates the effect of the Ivory Coast's political turmoil on the breakbulk transport of cocoa, and additional reporting surveys India's infrastructure; wrinkles in trade relationships between China and South America; the Canada-based stevedore Logistec; new developments in European roll-on, roll-off transportation; and tricky cargo moves by barge and self-propelled modular trailers.

This issue's Breakbulk Index provides in-depth data on steel prices and production, pulp prices, piracy incidents, the largest power plants planned for Asia and other data pertaining to commodities and projects affecting the global movement of breakbulk and project cargo.  

Editorial Contact: Janet Nodar, Editor, at +1-251-473-2742 or jcnodar@breakbulk.com.

About Breakbulk -- The Breakbulk (www.breakbulk.com) division of UBM Global Trade has been the most trusted source of intelligence for the breakbulk and project cargo industry since its first breakbulk conference in 1989. The Breakbulk division includes the bimonthly Breakbulk Magazine, three annual conferences, access to all business news articles, indices, archives and more on Breakbulk.com and the weekly e-newsletter, Breakbulk Newswire. Authoritative editorial content in the forms of daily news and in-depth analysis ensure Breakbulk members have the data and information necessary to understand the issues facing the breakbulk, heavy-lift and project cargo shipping sectors. For membership information visit www.breakbulk.com/membership.

About UBM Global Trade - UBM Global Trade is the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide. The company's portfolio of more than 100 online, print and interactive workflow business solutions includes The Journal of Commerce, Breakbulk, RailResource, PIERS and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of United Business Media Limited, is headquartered in Newark, NJ, with offices throughout the United States. For more information, explore www.ubmglobaltrade.com or call 800-952-3839 (+1-973-776-8660 outside the U.S. or Canada).

SOURCE Breakbulk