Port & Shipping Volumes Continue Slowdown in 3rd Quarter

24th November 2011

#PORTS & SHIPPING- The volume of shipping and port traffic through the Republic of Ireland continued to decline during the third quarter of 2011, according to the latest analysis of traffic figures released by the Irish Maritime Development Office (IMDO).

Results from third quarter data indicate that only 1 of the 5 principal freight segments had any growth over the third quarter, while all other segments declined compared to the same period last year as outlined below in the key third quarter data:-

• Lift-on/Lift-off (lo/lo) trades were down 5%

• Roll-on/Roll-off export traffic was down by 2%

• Dry bulk volumes increased by 2%

• Break bulk volumes were down by 3%

• The Tanker/Liquid bulk market was down 7%.

For a more in-depth analysis of each freight-transport mode issued by the IMDO and accompanied by graphic charts click HERE. In addition to compare the 3rd quarter figures with the previous 2nd quater for this year click HERE.

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Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals.

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