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Heavy Lift shipowner: 2015 was a tough year for multi-purpose

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.

Photo: Hansa Heavy Lift

2015 was a rough year for multi-purpose and heavy lift and 2016 does not look like it will be any better, says COO of the Hamburg-based heavy lift and multi-purpose carrier SAL Heavy Lift, Toshi Yamazaki, in a press release.

In the statement, he sums up how 2015 has been a tough year for heavy lift and multi-purpose as a result of a large influx in tonnage and a low oil price. It is precisely the oil price which puts pressure on one of the segment's most important customers - the oil and offshore industry.

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