ShippingWatch

Container boom generates chaotic upturn for multipurpose and heavy lift sector

Containers have proved a lucrative business for the multipurpose sector, which faces a boom in all business areas, say carriers UHL and AAL to ShippingWatch. A shortage of new vessels, however, may put a damper on the upturn.

Photo: AAL

The partners behind specialized carrier United Heavy Lift (UHL) made a leap when they took over nine modern specialized vessels from ailing competitor Zeamarine in 2019.

The sector had been strained for years, and several specialized carriers had to turn the key. Today, however, UHL partner Lars Rolner is pleased that he decided to bet on new vessels, as Hamburg-based UHL has hit the mark in terms of the business cycle.

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