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Displaying items by tag: Mr Dermot O'Mahoney

While all sectors at the Port of Cork experienced a challenging period during 2010, the end of year total trade traffic shows an increase. Total trade in 2010 through the Port of Cork amounted to 8.8 million tonnes, an increase of 8.6% compared to 2009.

One area of increase which has a very positive effect on the local economy is the increase in exports from the Port. Total exports at the Port of Cork have remained strong increasing by 10% to date, in comparison to 2009. Exports are a key driver in the successful recovery of the Irish Economy and the Port of Cork is committed to continuous support in the growth of international trade for both current and future economic prospects.

The container business at the Port of Cork has remained constant with over 150,000 TEU handled in 2010. Animal feed stuffs, fertiliser and other trades have shown a significant increase in 2010. Oil traffic has shown a slight increase of 3.5% as a consequence of lower levels of economic activity; however it continues to be a significant part of the Port of Cork business.

Commenting on the end of year trade traffic results, Mr Dermot O'Mahoney Chairman of the Port of Cork said: "The Port of Cork is pleased to announce that total trade traffic in 2010 has shown an 8.6 % increase on 2009 traffic. With 98% of all goods imported or exported from Ireland moved by ship, the importance of ports to our economy is vital. The Port of Cork is a key link to the continued economic success of the entire Munster region and the challenges now for the Port of Cork, is to continue to develop. This requires that we be visionary and seize opportunities presented by emerging trends and logistic supply changes."

He continued: "While the next four to five years will be challenging for us all, we need to continue to promote the fact that Ireland is an excellent investment location and is well placed to capitalise on growing global markets."

52 cruise liners visited the Port of Cork during 2010 bringing over 100,000 passengers and crew to the region. According to research carried out by UK consultants GP Wild, the average in-transit spend per passenger, while visiting an Irish port is €73. This is a significant contribution towards the local tourism economy.

Ferry passenger numbers though the port also increased mainly due to the welcomed re-commencement of the ferry service linking Cork with Swansea. The weekly ferry service from Cork to Roscoff with Brittany Ferries also had a successful year.

In 2010, the Port of Cork developed a recreational strategy to improve the marine leisure facilities around Cork Harbour. The first project carried out was the construction of a 100m marina on South Custom House Quay. This long term investment for the city of Cork has already proven to be very popular among local boats and visiting boats. The Port of Cork expects 2011 to be even busier.

Published in Port of Cork

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!