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Displaying items by tag: Trade Volumes

Goods in terms of volumes going through Ireland's ports between April and June this year fell in comparison with the same period last year, according to the Central Statistics Office.

The seven main Irish ports - Dublin, Cork, Rosslare, Drogheda, Shannon Foynes, Waterford and Bantry Bay - handled 12.3 million tonnes of goods in the three months.

This is a decrease of 7.5% compared with the same three months of 2018.

Exports from these ports amounted to 4.3 million tonnes, an almost 9% fall on the same period last year, while there were 8 million tonnes of imports, a 6.7% decrease on the three months in 2018.

For more BreakingNews has a report. 

Published in Irish Ports

First quarterly figures for 2011 show that volumes of shipping and port traffic on the majority of principal sectors grew, according to the Irish Maritime Development Office (IMDO).

The figures below outline a moderate trade volume growth in four out of the five key freight segments: Lift-on/ lift-off (lo-lo), Roll-on/Roll-off (ro-ro),dry-bulk, break-bulk and the tanker/liquid market.

• Total lift-on/ lift-off (lo/lo) trades volumes grew by 3%.
• Roll-on/Roll-off export traffic was also up 2% per cent on an all island basis.
• Dry bulk volumes through ROI ports increased by 21%,
• Breakbulk volumes were also up 25%
• The tanker/liquid market was the only sector to record a decline, down by -12% compared to the same period last year.

For further information about the figures, charts and a summary released from the IMDO click here

Published in Ports & Shipping

About Marine Technology

Marine technology, as defined by the European association WEGEMT, refers to the use of technology for ensuring the safe use, exploitation, protection of, and intervention in, the marine environment. This includes a wide range of technologies that support naval architecture, marine engineering, ship design, ship building, and ship operations.

In addition to these foundational technologies, marine technology also encompasses oil and gas exploration, exploitation, and production, hydrodynamics, navigation, sea surface and sub-surface support, underwater technology and engineering, marine resources (including both renewable and non-renewable marine resources), transport logistics and economics, inland, coastal, short sea and deep sea shipping, protection of the marine environment, and leisure and safety.

The importance of marine technology cannot be overstated. With over 70% of the earth's surface covered by water, the marine environment plays a critical role in our lives. From transportation to energy production, marine technology enables us to harness the immense potential of the oceans while minimizing the impact on the environment.

Moreover, the development of marine technology is crucial for the sustainable use of marine resources. As the demand for seafood and other marine products continues to grow, the sustainable management of these resources becomes increasingly important. Marine technology can help us to achieve this by providing innovative solutions for sustainable fishing, aquaculture, and other forms of marine resource management.

In Ireland, claims are made that the island country "has the potential to be the “Silicon Valley” of the aquatech world". Ireland is at a very exciting stage when it comes to aquatech. There are currently 62 aquatech companies operating here, all using technology to enable sustainable seafood farming at a time when the sector is facing many challenges.”

Ireland’s growing expertise in the developing aquatech sector means it has the potential to become a global leader in the field, with Irish aquatech companies turning over €200m last year.

Over €15m has been invested in aquatic businesses, and over 200 high-tech jobs have been created in the sector over the last six years.

In conclusion, marine technology is a vast and rapidly evolving field encompassing a broad range of technologies and applications. As we continue to explore and exploit the potential of the oceans, marine technology will play an increasingly important role in ensuring the safe and sustainable use of these resources.