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Displaying items by tag: Irish Manufacturing Surge

#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below.

Irish Economy: Surge in Manufacturing - New export orders for Irish manufacturing companies grew in July for the first time in five months. The Investec Manufacturing Purchasing Managers' Index (PMI) increased from 50.3 in June 2013 to 51.0 in July, making it the first rise above the 50 mark dividing growth from contraction since February.

European Shipping: Weak Trade Prospects - The latest global port tracker for North Europe says that trade prospects are not improving despite there being a few short term hopeful signs. This is mainly due to the slowdown in China's growth rate. Experts are predicting that the Northern European market will remain on a downward slope as China's anaemic growth impacts the export scene as much as the recession, which will negate any hope of a peak season.

Container Market: Peak Season on the Wane - The peak season of the east-west trades no longer means a big surge in cargo volumes, ensuring big implications for carriers and shippers according to Drewry. The way that this year's peak season in the Northern Hemisphere is shaping up, ocean carriers should not count too much on a significant revenue boost in 3Q of 2013.

For more of the above and other stories visit the IMDO Weekly Markets Review (Week 31) and also on Afloat.ie's dedicated Ports & Shipping News section.

 

Published in Ports & Shipping

Coastal Notes Coastal Notes covers a broad spectrum of stories, events and developments in which some can be quirky and local in nature, while other stories are of national importance and are on-going, but whatever they are about, they need to be told.

Stories can be diverse and they can be influential, albeit some are more subtle than others in nature, while other events can be immediately felt. No more so felt, is firstly to those living along the coastal rim and rural isolated communities. Here the impact poses is increased to those directly linked with the sea, where daily lives are made from earning an income ashore and within coastal waters.

The topics in Coastal Notes can also be about the rare finding of sea-life creatures, a historic shipwreck lost to the passage of time and which has yet many a secret to tell. A trawler's net caught hauling more than fish but cannon balls dating to the Napoleonic era.

Also focusing the attention of Coastal Notes, are the maritime museums which are of national importance to maintaining access and knowledge of historical exhibits for future generations.

Equally to keep an eye on the present day, with activities of existing and planned projects in the pipeline from the wind and wave renewables sector and those of the energy exploration industry.

In addition Coastal Notes has many more angles to cover, be it the weekend boat leisure user taking a sedate cruise off a long straight beach on the coast beach and making a friend with a feathered companion along the way.

In complete contrast is to those who harvest the sea, using small boats based in harbours where infrastructure and safety poses an issue, before they set off to ply their trade at the foot of our highest sea cliffs along the rugged wild western seaboard.

It's all there, as Coastal Notes tells the stories that are arguably as varied to the environment from which they came from and indeed which shape people's interaction with the surrounding environment that is the natural world and our relationship with the sea.