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Displaying items by tag: Shipping Volumes Up

#ShippingReview – Over the last fortnight, Jehan Ashmore has reported on the shipping scene as outlined in the following stories below.

Shipping and port activity in the Republic of Ireland rose by 3% in the second quarter of 2015 when compared to the same period of 2014, according to the latest quarter of the iShip Index* published today by the Irish Maritime Development Office (IMDO).

An incredible overhead time-lapse video of the oil tanker Galway Fisher arriving at Galway Harbour recently, showed the skipper’s skills in edging into the tight confines of Dun Aengus Dock.

The European Sea Ports Organisation (ESPO) annual conference will be held in Dublin in 2016. The 13th year of the conferenece will be hosted by the Dublin Port Company and is to take place on 2-3 of June.

Published in Ports & Shipping

#Ports&ShippingReview – Over the last fortnight, Jehan Ashmore has reported on the shipping scene where Irish ports and shipping volumes rose 6% in Q1 of 2015 compared to same period of 2014 according to the Irish Maritime Development Office (IMDO).

EPSO presented its views on Mid-Term review of 2011 White Paper on transport, the organisation said they must feed the review process started by European Commission which should result in "adjustment" or "review" of the strategic document of 2011.

CMA-CGM implements a War Risk Surcharge on all shipments to Hodeidah, Yemen, with charges of US$300 per 20-foot and $600 per 40-foot containers.

Up to €40 million is sought from investors to commit in a major upgrade of Rosslare Europort. The investment will equip the port operated by Iarnród Éireann to handle the ships of the future.

Published in Ports & Shipping

#VolumesUp - An increase in volumes of 6% for Irish ports and shipping was recorded in the first quarter of 2015 when compared to the corresponding period of 2014.

The data is according to the latest quarterly iShip Index* published today by the Irish Maritime Development Office (IMDO).

The latest analysis also indicates that all five of the principal freight segments grew in the first quarter of 2015.

The Roll on/Roll off freight segment experienced volume growth of 7% in the first quarter to 233,033 units and is the ninth consecutive quarterly increase in this traffic category. The majority of Roll on/Roll off traffic moves between Ireland and Great Britain and this freight segment is a simple but reliable indicator of the level of trade between both economies.

Container traffic (lift on/lift off) grew by 5% to 156,927 units. Encouragingly container imports have now risen for six consecutive quarters. Container exports, however, fell slightly by 1% to 66,339.

The overall bulk traffic segment saw tonnage volumes increase by 5%, excluding transhipments, when compared to the previous year. Break bulk, which largely consists of imports of construction and project related commodities, increased by 14%. Break bulk has now seen eight consecutive quarterly increases. Liquid bulk also rose by 3%, again excluding transhipments, and dry bulk increased by 6%.

*iShip Index: The iShip index is a volume index for all freight traffic moved to and from the Republic of Ireland. This does not include passengers and transhipment activity.

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!