Features Breakbulk & Project Cargo
Executives pointed out that the uncertainty over the financial viability of wind energy and oil and gas developments that existed two years ago— which caused project cancellations, delays and supply chain pressures— has eased and a new realism has taken hold.
“ The supply chain has indeed become more realistic in terms of what is achievable,” said Yannick Sel, group commercial director / projects at Belgium-headquartered heavy transport and lifting company Sarens.
“ The industry has become much more proactive... because everyone has seen what happens when they leave it too late.”
Sel believed this change could cause a geographic shift from where the projects will happen.
Dykiert said the market is seeing a“ partial revival” of oil and gas and LNG projects, particularly in the Middle East, US Gulf Coast, and parts of Asia.“ The major operators have become more disciplined, but they are no longer curtailing investment to the extent seen some years ago,” he said. deugro’ s Sawyer added that capital discipline is no longer translating into widespread project postponements.“ What we are seeing instead is a more selective investment environment,” she said.
Dykiert sees wind energy moving into a more realistic and sustainable phase.“ The forward pipeline for both offshore and onshore wind is considerably stronger than it looked two years ago, particularly in Europe,” he said.
In the US, the Trump administration’ s policy curtailment of wind energy projects had led to a shift for the heavy transport and lifting industry both domestically and internationally. For domestic companies, the move from wind to conventional energy sources had led to more heavy transport and lifting opportunities in oil and gas, including LNG, operators said.
In the global arena, executives said the US policy change has led companies to pursue opportunities in other markets while also being symptomatic of the wider challenges facing the industry.
“ For heavy transport project logistics providers, the practical response to the US wind moratorium has been greater geographic diversification,” Sawyer said.“ Rather than relying heavily on a single market or technology segment, companies are increasingly balancing resources and investments across multiple regions and energy sectors to manage regulatory and political risk.”
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Data center development and the global energy transition underpin a strong project cargo outlook. Sarens www. joc. com September 2026 | Journal of Commerce 15