Bulkers of up to ultramax size are leaving the congested container yards at terminals in southern China with boxes lashed to their decks and hatch covers as shippers seek creative ways to beat the squeeze on the boxship market.
The move to put boxes on decks follows a trend seen earlier this year when open-hatch bulkers with box-shaped holds and multipurpose (MPP) vessels saw increased demand for boxes in their mix of cargoes, brokers told TradeWinds.
