As container freight rates continue to increase exponentially, more shippers are turning back to Breakbulk to fulfil their requirements. In the last three months alone, container freight rates have risen by another 50%. The "Ever Given" grounding in the Suez Canal has made the world more aware of what the shipping industry entails. The consequences have emphasised the fragility of the world's supply chains as the repercussions continue to be felt. This has caused many shippers to rely on Breakbulk rather than the unreliable container rates.
In such a situation, Project Logistics Alliance's founding member Alexander Global Logistics (AGL), focuses on arriving at the best possible freight solutions for their customers.
AGL has recently chartered MV Sunrise (blt 2009 / DWT 37,000 mt) on a part-cargo basis for a voyage with 4500 motif wood pulp from Flushing, Netherlands, to Dammam, Saudi Arabia. This comes after a similar journey in the first quarter of this year to the Middle East with 9000 mt of wood pulp in a sister vessel, Sunset.
MV Sunrise loaded steel in Antwerp prior to loading wood pulp in Flushing. The wood pulp was loaded in the same hold as steel plate while making sure suitable separation were in order to protect the wood pulp. Cargo lashing and securing were performed by the specialist shore crew at Flushing. The vessel was alongside the berth for less than 24 hours. In shipping, the mantra 'you snooze, you lose' is critical, and suitable Breakbulk vessels on this market are not open for very long at all. AGL specialises in managing these problematic market situations and providing reliable and efficient solutions to their supply chain customers. AGL provides logistical solutions for their regular forest products producers within Northern Europe using partnership owners, traders, and dedicated forest product terminals. They are also currently seeking Breakbulk solutions for forestry products from the Far East to West Africa and from the Middle East to Central America to expand their portfolio.
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