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Displaying items by tag: Shipping Markets Analysis

Opportunities are available for two students to work in Maritime Economics. The positions are made possible through the Irish Maritime Development Office (IMDO) as part of the Marine Institute's Summer Bursary Scheme 2011. Students will get to work alongside the team in this key programme area of Maritime Economics.

The Bursary programme is a work experience scheme aimed at undergraduates of Universities, Institutes of Technology and National Institutes for Higher Education. The Bursary Scheme is strictly limited to undergraduates who have completed 2 years study in a relevant discipline. Below is a description of the positions and other details.

IMDO – Maritime Economics (2)

Two students are required to provide direct assistance in the key programmes of the Irish Maritime Development Office. The key programme areas include Business Development and Shipping Market Analysis supported by a strategic marketing programme. Two students will be required to co-ordinate research on market and economic issues in the Irish maritime industry and analyse data on competitor maritime jurisdictions.

The successful students will gain a broad knowledge of the maritime industry, international trade, maritime finance, and national shipping development. They will also gain a valuable insight into the national and international maritime transport sector and associated business services, along with experience in collating information and critical analysis.

The student should have good communication and analytical skills. An interest in international trade, business, economics or shipping and logistics is desirable but not essential. The student should be able to work independently and also as part of a team. The bursary will be based in MI-Harcourt Street.

For further information on the busary scheme you can download a PDF file from here and also download a PDF application form here. In addition information in general about the IMDO can be found by logging onto www.imdo.ie and the Marine Institute at www.marine.ie

Published in Jobs

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!