New Dutch multipurpose joint venture Shipping Company Groningen, which includes Thorco Project, has growth ambitions in spite of the challenges currently plaguing the segment. ShippingWatch has interviewed one of the architects behind the venture, CEO Jan van der Laan.
Markedet for heavy lift-transport og multi-purpose har været underdrejet i adskillige år efterhånden, og 2017 ser også ud til at blive et svært år for branchen, der må søge mod nye områder for at fylde skibene. Douglas-Westwood peger i en analyse to på mulige lyspunkter.
Two of Germany's large and struggling lenders to shipping, NordLB and Bremer Landesbank, have 15 percent of their loans, EUR 2.7 billion, at stake in the collapsed multi-purpose and heavy lift industry.
The ailing multi-purpose and heavy lift sector could tumble further down next year, for which very few contracts have been signed so far, according to assessments from operators. Drewry downgrades its already weak forecast.
Extensive consolidation in the global heavy lift industry is underway and will presumably materialize in the coming months, several industry sources tell ShippingWatch. Heavyweights BBC Chartering and SAL Heavy Lift can play a key part in the resolution of the ailing industry's future.
Engineers constitute the core of United Heavy Lift, which is owned and headed by Danish Lars Rolner. The Hamburg-based carrier achieved a satisfying profit in the past fiscal year, he tells Danish media Børsen.
It looked like a huge boom for project and heavy lift vessels in the first half of 2015 but the freight volumes trickled right out of the market, says Svend Andersen, CEO of BBC Chartering, the world's largest operator in the segment.
An excess of tonnage in the market, as well as the low oil price looming over offshore customers, has made its mark on the market for project cargo and heavy lift. 2016 does not look like it will bring improvement, assesses COO of German SAL Heavy Lift, Toshi Yamazaki.
In spite of a heavy lift market under serious pressure, German SAL Heavy Lift has managed to deliver a profit after five years with deficits. One of the secrets is the muscles of the owners backing the company, SAL's Justin Archard tells ShippingWatch in Singapore.
Trods et marked for heavy lift under stærkt pres er det lykkedes for tyske SAL Heavy Lift at levere sorte tal efter fem negative år. En af hemmelighederne er den muskel, som ejeren lægger bag selskabet, fortæller SAL’s Justin Archard til ShippingWatch i Singapore.
Although the heavy lift industry is under severe pressure with low rates and too many ships on the market, German SAL Heavy Lift still plans to build and charter more ships. However, there are no plans to expand the fleet, SAL Heavy Lift's Managing Director of Asia tells ShippingWatch.
Selvom heavy lift-industrien er under stærkt pres med lave rater og for mange skibe på markedet, planlægger tyske SAL Heavy Lift alligevel både at nybygge og chartre flere skibe. Dog er der ingen planer om at udvide flåden, siger SAL Heavy Lifts Asien-direktør til ShippingWatch.
Deficits on owned ships and a completely collapsed heavy lift market gave Thorco Shipping a significant financial beating in 2014. "The heavy lift market has collapsed completely," chairman Thor Stadil tells ShippingWatch.