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Displaying items by tag: Budget 2016

#Budget2016 - Ocean energy research will receive a further €4.5 million boost in next year's Budget, as announced by the Department of Communications, Energy and Natural Resources.

The funding follows from last year's €10 million allocation to ocean energy research, after the publication of the Offshore Renewable Energy Development Plan in early 2014.

A total of €68 million has been allocated for energy efficiency and renewable energy in 2016 as revealed in Tuesday's Budget.

And a further €9 million is being provided for geoscience initiatives including the INFOMAR and TELLUS programmes, which will support expanded geoscience research in Ireland’s offshore and onshore.

INFOMAR researchers recently helped reveal the remains of World War I shipwrecks, some of which have not been seen since the boats went down a century ago.

Published in Power From the Sea

#Budget2016 - The Seafood Development Programme will get a boost from next year's Budget, according to Marine Minister Simon Coveney.

Welcoming the €94 million in national co-funding under yesterday's Budget 2016 announcement, the minister says it will contribute, along with the allocation of almost €147 million for Ireland under the new European Maritime and Fisheries Fund 2014-2020, to enabling the launch of "new schemes" under the programme launched in March this year.

These will be "aimed at promoting the sustainable development of the seafood sector to 2020 and availing of the opportunities presented by the growing demand for seafood internationally."

Pending approval of the programme, Minister Coveney said he is "providing some €36 million to my department, the Marine Institute and BIM to fund the roll-out of capital investment schemes for the seafood sector under the programme.

"In 2016, this is expected to include the launch of a range of new investment schemes for the CFP discards ban, decommissioning scheme, sustainability in the inshore fisheries sector aquaculture development, seafood processing and Fisheries Local Action Groups."

The €36 million will come from the €103.8 million allocation for fisheries, fishery harbours and marine-related non-commercial State-sponsored bodies: the Marine Institute, Bord Iascaigh Mhara and the Sea-Fisheries Protection Authority.

Minister Coveney also welcomed the publication yesterday of the independent Marine Taxation Review, which recommends potential areas for support of this key sector through the taxation system.

“I look forward to further engagement with Minister Noonan on the implementation of these recommendations, particularly in relation to the proposed extension of seafarers tax allowances to the fishing industry; and the recommendation for appropriate tax treatment to support the fishing vessel decommissioning scheme.”

Published in Fishing

#Budget2016 - €93m has been earmarked for Ireland's maritime programme for the next year - a 7% increase on 2015 spending – in the latest Budget announced yesterday (Tuesday 13 October).

Key among the targets of this funding, according to the Department of Transport, Tourism and Sport (DTTAS), are maintaining the quality and level of service through the Irish Coast Guard's search and rescue helicopter contract, and helping the Commissioner of Irish Lights transition to a new funding model.

"The Irish Coast Guard service requires a strong resource commitment on the part of the Exchequer," said a statement from the DTTAS yesterday (Tuesday 13 October). "The SAR helicopter has seen a step change in the quality of service on offer and that will remain a priority.

"Future developments in IT will also ensure the coastguard service remains best in class internationally."

The funding rise comes via an 8% increase in the departmental budget, as welcomed by Transport Minister Paschal Donohoe and Minister of State for Tourism Michael Ring yesterday.

That includes €2 million in additional funding for tourism initiatives such as the Wild Atlantic Way and the new Ireland's Ancient East.

Meanwhile, the 14% increase in the Public Service Obligation subvention for transport will be further good news to Aran Islands residents, coming after Aer Arann reached an agreement with the Government to extend its contract till the end of September next year, according to Galway Bay FM.

As previously reported on Afloat.ie, Marine and Defence Minister Simon Coveney also welcomed the €904 million allocation to defence funding for 2016 to facilitate the implementation of the department's White Paper proposals – which includes the commissioning of three new patrol ships.

Published in Coastguard

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!