Cosco Shipping is significantly expanding its heavy-lift Multi-Purpose Vessel (MPV) fleet. The company placed an order for eight new ships, designed to transport a range of specialized cargo. This str
by Air Freight Resurges for Project Cargo Amid Rate Declines
A notable shift is underway in global logistics, with air transport becoming a newly viable option for project cargoes. This change follows a recent decline in air freight charter rates. Consequently,
by UK Offshore Wind Sector Gears Up: Operators Ready for Growth, Challenges Ahead
The United Kingdom’s offshore wind sector anticipates a significant boom, and Multi-Purpose Vessel (MPV) and heavy-lift ship operators are signaling their preparedness. Recent project approvals have f
by Project Cargo Sector Anticipates Growth from Energy and Raw Materials
The heavy-lift sector experienced a notable surge in activity during 2025, primarily propelled by a robust demand for power generation cargoes. This vital cargo stream not only delivered a significant