Starbulk ships containers on Capesize Bulker
The container market has been disrupted by strong demand and reduced terminal capacity. File Image / Pixabay
Shipping company Starbulk responds to the current supply and demand imbalances in the containerized freight market by setting up one of its bulk carriers to transport containers.
The company has modified one of its 175,000 DWT Bulk carriers Capesize to transport 1,400 TEU, including 200 crates loaded and 1200 empty, maritime intelligence service Alphaliner said Wednesday in his weekly newsletter.
Alphaliner called the move a “historic first”, with the latest attempt to do something similar having been made in the 90s on much smaller bulk carriers operated by TO THROW.
“With a shortage of capacity aboard container ships and a lack of cellular tonnage to charter, a number of major shippers have, in recent months, been tapping into the multipurpose and OHBC (open hatch bulk carrier) markets to ship their containers abroad, ”Alphaliner said in the note.
“Versatile owner BBC Chartering and operator OHBC Saga Welco were among the carriers used to ship these additional flows of containers, for various major shippers, including retail giant Walmart, among others.”