NEWARK, N.J., Nov. 17, 2011 /PRNewswire/ -- Breakbulk Events announced that Susan Oatway, senior consultant at Drewry Shipping Consultants, will deliver the opening keynote address at the first annual Breakbulk South America Congress, Dec. 6-7, 2011, in Sao Paulo, Brazil.
In her speech, "Multipurpose Fleet Outlook," Oatway will examine the position of multipurpose vessels and fleet development within the slowly recovering general cargo market. Her keynote will provide a global trade outlook with forecasts for medium-term demand and sustainable fleet renewal.
South America is enjoying a historic run of stability and steady growth that is pushing the cargo and logistics industries like never before. Regional leader Brazil has quadrupled its trade in the last decade to become the ninth-largest economy in the world, with forecasts to jump to No. 5 by 2020.
Following the discovery of significant new oil fields and the advent of more than 160 new windmill farms during the next two years, project cargo is in great demand in Brazil. Colombia, another emerging star, is experiencing its largest investment in infrastructure in decades as its oil and mining sectors boom. But these and other South American emerging markets continue to faces big transportation challenges associated with poor infrastructure and supply chain links.
Breakbulk South America joins the highly successful Breakbulk Events group of annual conferences worldwide that bring together top executives in the breakbulk and project cargo transportation sectors. Panels at the inaugural event will discuss issues such as cabotage growth potential, use of public ports versus private terminals, the boom in offshore development, and project cargo opportunities in the mining, energy and construction sectors. To learn more about the conference, or to register, please visit http://breakbulkevents.com/?section=breakbulk_south_america_2011.
About Breakbulk -- The Breakbulk division of UBM Global Trade has been the most trusted source of intelligence for the breakbulk and project cargo industry since its first breakbulk conference in 1989. The Breakbulk division includes the bimonthly Breakbulk Magazine, three annual conferences and exhibitions, several two-day congresses, and access to business news articles, indices, archives and more on Breakbulk.com and the weekly e-newsletter, Breakbulk Newswire. Authoritative editorial content in the form of daily news and in-depth analysis ensure Breakbulk members have the data and information necessary to understand the issues facing the breakbulk, heavy-lift and project cargo shipping sectors. For membership information visit www.breakbulk.com/membership.
About UBM Global Trade -- UBM Global Trade is the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide. The company's portfolio of more than 100 online, print and interactive workflow business solutions includes The Journal of Commerce, Breakbulk, RailResource, PIERS and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of UBM LLC, is headquartered in Newark, NJ, with offices throughout the United States. For more information, explore www.ubmglobaltrade.com or call 800-223-0243 (+1-973-848-7250 outside the U.S. or Canada).
SOURCE UBM Global Trade