Displaying items by tag: Dublin Port Record Growth
Shipping Review: Dublin Port Record Growth, P&O Close Route, Baltic Dry Plunges & More
#ShippingReview – Jehan Ashmore reviews the shipping scene over the last fortnight where among the stories are outlined below.
Dublin Port posts record year for cargo in 2015, where trade growth year-on-year was 6.4% and total throughput was 32.8 million gross tonnes.
Also experiencing positive growth last year the Port of Cork & Bantry Bay Port reached a total of 11 million tonnes. Total trade traffic for Cork reached 9.8 million tonnes while Bantry Bay Port Company recorded 1.1 million tonnes in 2015, slightly down on last year.
P&O Ferries close the seasonal Larne-Troon route following a comprehensive reviews of its options.
d’Amico Tankers Limited (Ireland) sold the Cielo di Salerno for US$13,000,000. The 36,032dwt handysize product tanker was sold last month to SW Cap Ferrat Shipping LLC based in the Marshal Islands.
The Baltic Dry Index plunged to a record amid signs of slowing economic growth in China that’s also hurting the nation’s stock market.