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Displaying items by tag: Arklow Shipping bulkers

#BulkerSisters - Arklow Spirit last night returned to anchor in Dublin Bay to await orders while another bulk-carrier occupies the same berth to where the Irish flagged ship is one of a pair of the largest registered in the State, writes Jehan Ashmore.

As Afloat.ie previously reported Arklow Spirit on Monday made a maiden call to Dublin Port. The 182m long bulker registered in the Co. Wicklow port had discharged animal feed from Brazil via Cork (Ringaskiddy). A sister Arklow Spray, also of 33,905dwt are the largest ships listed on the Irish Shipping Register that are owned by an indigenous company, Arklow Shipping Ltd.

Arkow Spray the newer of the sisters dating to 2014 and built from the same South Korean yard, is currently docked in the USA at the Port of New York.  The bulk-carrier docked at a berth off the East River that is reached by the Hudson River, had arrived in recent days from Providence, Rhode Island.

Normally both ASL bulk-carriers are to be found operating on global deep-sea shipping lanes compared to serving in domestic waters as in the case of Arklow Spirit. It is otherwise commonplace to have short-sea traders call to Dublin having operated within north-western Europe. It should however be noted that ASL's smaller 14,990dwt bulkers of the 'M' class trade within Irish waters too given Arklow Marsh made a recent call also to the capital.  

As for the Dublin docked bulk-carrier referred in the introduction, this is the Cape Moreton a Hong Kong flagged ship that is berthed in Alexandra Basin. The bulker is marginally smaller in terms of both dwt (32,875) and in length overall at 179m. What is common though is that the trio of bulkers have the same number of cargo holds, five and served by four deck-mounted cranes.

Cape Moreton completed in 2010 is operated by Pacific Basin, one of the world's leading owners of modern Handysize and Supramax dry bulk ships.

The company is headquartered and listed in Hong Kong, an autonomous territory of China. The shipping company was established a decade before the handover of the former British colony to China took place in 1997, has currently a fleet of more than 250 vessels trading on a global basis.

This year Pacific Basin opened a commercial office in Rio de Janeiro, Brazil.

Published in Ports & Shipping

#PORTS & SHIPPING – Arklow Shipping is further expanding its bulker fleet and moving into the market for larger vessels with an order for three ships in South Korea, according to Tradewinds.

The company which is headquartered in the Co. Wicklow port has booked two 35,000-dwt handysize-bulkers and a general cargoship at Daesun Shipbuilding. TradeWinds sources say Arklow is paying a premium for the ships against more competitive pricing from China.

Brokers price the Daesun bulkers at around $25.5m, which compares to similar deals in China at around $22m. As for the general cargoship, she will be delivered in the first half of 2013 and the bulkers in the second half of the year. Arklow previously signed up for a series of 14,000-dwt multipurpose (MPP) vessels at Mokpo, which later went into administration.

The orders were then passed on to Sekwang Shipbuilding only for it also to fall into financial difficulties. Daesun has had its problems too and was delisted from the Seoul Stock Exchange in April as it did not meet the bourse's financial requirements.

The latest order appears to have taken Arklow's owned fleet into the larger-handysize segment. So far it has focussed mainly on bulkers, general-cargo and MPP ships up to 14,000 dwt. It has a fleet of 55 ships including 12 newbuildings, most of which are registered in the Republic of Ireland. Arklow declines to comment on the Daesun order.

Published in Ports & Shipping

Ferry & Car Ferry News The ferry industry on the Irish Sea, is just like any other sector of the shipping industry, in that it is made up of a myriad of ship operators, owners, managers, charterers all contributing to providing a network of routes carried out by a variety of ships designed for different albeit similar purposes.

All this ferry activity involves conventional ferry tonnage, 'ro-pax', where the vessel's primary design is to carry more freight capacity rather than passengers. This is in some cases though, is in complete variance to the fast ferry craft where they carry many more passengers and charging a premium.

In reporting the ferry scene, we examine the constantly changing trends of this sector, as rival ferry operators are competing in an intensive environment, battling out for market share following the fallout of the economic crisis. All this has consequences some immediately felt, while at times, the effects can be drawn out over time, leading to the expense of others, through reduced competition or takeover or even face complete removal from the marketplace, as witnessed in recent years.

Arising from these challenging times, there are of course winners and losers, as exemplified in the trend to run high-speed ferry craft only during the peak-season summer months and on shorter distance routes. In addition, where fastcraft had once dominated the ferry scene, during the heady days from the mid-90's onwards, they have been replaced by recent newcomers in the form of the 'fast ferry' and with increased levels of luxury, yet seeming to form as a cost-effective alternative.

Irish Sea Ferry Routes

Irrespective of the type of vessel deployed on Irish Sea routes (between 2-9 hours), it is the ferry companies that keep the wheels of industry moving as freight vehicles literally (roll-on and roll-off) ships coupled with motoring tourists and the humble 'foot' passenger transported 363 days a year.

As such the exclusive freight-only operators provide important trading routes between Ireland and the UK, where the freight haulage customer is 'king' to generating year-round revenue to the ferry operator. However, custom built tonnage entering service in recent years has exceeded the level of capacity of the Irish Sea in certain quarters of the freight market.

A prime example of the necessity for trade in which we consumers often expect daily, though arguably question how it reached our shores, is the delivery of just in time perishable products to fill our supermarket shelves.

A visual manifestation of this is the arrival every morning and evening into our main ports, where a combination of ferries, ro-pax vessels and fast-craft all descend at the same time. In essence this a marine version to our road-based rush hour traffic going in and out along the commuter belts.

Across the Celtic Sea, the ferry scene coverage is also about those overnight direct ferry routes from Ireland connecting the north-western French ports in Brittany and Normandy.

Due to the seasonality of these routes to Europe, the ferry scene may be in the majority running between February to November, however by no means does this lessen operator competition.

Noting there have been plans over the years to run a direct Irish –Iberian ferry service, which would open up existing and develop new freight markets. Should a direct service open, it would bring new opportunities also for holidaymakers, where Spain is the most visited country in the EU visited by Irish holidaymakers ... heading for the sun!