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Multipurpose sector facing some headwinds, but long-term outlook remains bullish

A year ago, the MPV and container sectors were riding a wave of optimism resulting from pandemic related issues including a supply chain crisis like we’d never seen before.

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Multi-purpose vessels and HL sector cautiously optimistic for 2023

If this year’s Black Friday sales were a precursor to what 2023 will bring us, the all-time record sales of over $ 9 billion would indicate the economy is hitting on all cylinders.

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Multi-purpose vessel/heavy lift ship outlook

At present we find the current state of the MPV/HL [Multi-Purpose Vessel/Heavy Lift] sector, the work-horse ships of the project business, to be in fairly good shape.

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2021 “An interesting year” for MPPs

Last February I wrote an article entitled “Container Crisis Opportunity in the Multipurpose Sector” [AJOT Issue #718, Breakbulk Quarterly, page 9] concluded the article by saying “It should be an interesting year,” and 2021 didn’t disappoint.

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