#Ports&Shipping -The latest IMDO Weekly Shipping Market Review reports that in the Irish Shipping sector there are plans under the New Ports Policy to radically overhaul Ireland's commercial ports and give Government a more hands-on role in the maritime ports sector were announced last week by the Department of Transport, Tourism & Sport.
The new National Ports Policy aims to harness the potential of every port in Ireland. Shareholders will be encouraged to take an activist approach to ensure the State gets best value from these crucial facilities, whether that shareholder is the Government or the local authority.

Container Market: Ultra-large containership deliveries slowed in the first few months of the year, sparking claims of a lower than forecast delivery rate for 2013, Lloyd's Loading List relayed last week. The latest report from shipbroker Braemar Seascope shows that only three containerships with capacity of 10,000 TEU or larger have been delivered in the first two months of the year. This compares with eight vessels of more than 10,000 TEU delivered during the last two months of 2012.

Shipping Industry: Overall confidence levels in the shipping industry recovered to their highest level for two years in the three months ended February 2013, according to the latest survey from Moore Stephens. There was improved expectation of freight rate increases over the next twelve months, particularly in the dry bulk sector, and greater likelihood of new investment in the industry.

To read more of each of the above stories and other news from the IMDO Shipping Markets Review for Week 13, click HERE to be viewed or downloaded as a PDF