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Displaying items by tag: New Strategic Service Agreement

#ServiceAgreement - The Isle of Man Steam Packet Company has presented an ‘offer’ to the Manx Government for a new strategic sea services agreement to replace the user agreement.

The IOM Today writes that last summer the government issued an ultimatum to the Steam Packet – make us a ‘significantly enhanced’ offer or ferry services will be put out to competition.

Now the ferry operator’s chief executive, Mark Woodward, has confirmed an offer has been made which he hoped Tynwald will get the chance to support in the next few months.

The company has not yet disclosed details of the ‘offer’ but Mr Woodward told the Courier it will be made public and that it will involve investment in new ships.

Welcoming the appointment of Vision Nine as the new promoter for the TT and Classic TT, Mr Woodward said the offer to government would ‘help address the crucial issue of visitor capacity’.

For more on the story, click here.

Published in Ferry

As an island economy, a healthy maritime sector is key to our national competitiveness. Virtually all our imports and exports pass through Irish ports.

Ireland is dependent on ports and shipping services to transport goods and 90% of our trade is moved though Irish ports. Shipping and maritime transport services make a significant contribution to Ireland’s ocean economy, with the sector generating €2.3 billion in turnover and employing over 5,000 people in 2018.

Ireland’s maritime industry continues to grow and progress each year with Irish ports and shipping companies making significant investments. The ports sector in Ireland is currently undergoing a number of expansions and developments with Dublin Port’s Alexandra Basin development, the development of Ringaskiddy in Cork by Port of Cork and the development of Shannon Foynes Port. Along with these major investments, shipping companies are also investing heavily in new tonnage, with Irish Ferries, CLdN and Stena leading new build programmes.

These pages cover the following sectoral areas: shipowners, harbour authorities, shipbrokers, freight forwarders and contractors, cruise liner operators, port users, seamen, merchants, academic institutions, shipyards and repair facilities, naval architects, navy and defence personnel.

Our pages are covering some of the most notable arrivals around our coast and reporting too on port development and shipping news.

This section of the site deals with Port and Shipping News on our largest ports Dublin Port, Port of Cork, the Shannon Estuary, Galway Harbour and Belfast Lough.

A recent study carried out for the Irish Ports Association (IPA) totalled 75.7 billion during 2004 and their net economic impact was some 5.5 billion supporting around 57, 500 full time employees.

Liam Lacey, Director of the Marine Institute’s Irish Maritime Development Office (IMDO) said, “The Irish maritime industry can look to the future with confidence. It has shown itself to be resilient and agile in responding to challenges. Over the past decade, it has had to respond to the challenges of the financial crisis of 2008, the uncertainty surrounding Brexit and recent challenges. Ireland’s maritime sector has continued to underpin our economy by maintaining vital shipping links for both trade and tourism.”