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SUPPLEMENTREVIEW & OUTLOOK


Antonov Airlines delivered two drying drums from Paris-Vatry Airport, France, to Port Hedland International Airport, Australia, on behalf of chemical company Yara Pilbara Nitrates (YPN).


A softer year for airfreight


Speaking with HLPFI in 2019, Ukraine’s Antonov Airlines said that the outsize and project cargo market had been much softer during 2019 in comparison with 2018. Mirroring weakening global trade and the volatile situation across a range of industries and regions, the


market where multipurpose vessels lay idle in Asia, it did not want to inflame the situation even more by adding tonnage. “We are carefully observing the developments in the multipurpose market to place our newbuilding orders at the right time,” said Chipolbrok’s general director Piotr Mikolajczyk at the time. Despite these sentiments, we did see a


handful of newbuild orders placed throughout 2019. Spliethoff Group signed contracts with China’s Mawei Shipyard for the construction of two DP2-enabled B-type vessels; DYT Yacht Transport placed an order for a newbuild yacht transportation vessel; the Nanjing Jinling shipyard received an order from Japan’s NYK Bulk & Projects


www.heavyliftpfi.com


heavy lift airfreight sector was somewhat lacklustre during the past 12 months. Nevertheless, Antonov described the sector as


relatively stable and pointed to long-term projects that will take place through 2020-2021. Last year was not as forgiving for Russia’s


Volga-Dnepr Group, which in October had to respond to media reports that it was in financial difficulties. In a statement to HLPFI’s sister publication Air Cargo News,


Carriers for two heavy lift vessels to be delivered in 2021 and 2022; while COSCO Shipping Specialized Carriers contracted Guangzhou Shipyard International to construct a new semi-submersible vessel. United European Car Carriers (UECC) also signed a contract for the construction of two


In spite of well-known industry challenges, there have been some large-scale projects taking place and contracts awarded over the past 12 months.


Volga-Dnepr said that it was not considering filing for bankruptcy, despite tough conditions. However, it stated: “As we are in a market downturn stage and [the] forecast for next year is not rosy, yes, we are running [an] optimisation and staff reduction programme.” It was subsequently announced in November that


two of the group’s airlines –AirBridgeCargo Airlines (ABC) and CargoLogicAir (CLA) –would cancel a total of 11 freighter connections.


new-generation pure car and truck carriers (PCTC) with China Ship Building Trading and Jiangnan Shipyard. And, in spite of well-known industry


challenges, there have been some large-scale projects taking place and contracts awarded over the past 12 months. In July, Zeamarine won the largest


contract since its inception from Schenker Australia for the BHP South Flank project in Western Australia. Zeamarine had previously stated that the Eco Lifter vessels would be used to transport the cargo, but these ships are now in UHL’s operation. Meanwhile, Roll Group secured a contract to transport 24 modules for Total’s ethane cracker project in the USA.


January/February 2020 39


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