Displaying items by tag: Liqued bulk

25th August 2011

Port and Shipping Volumes Show Second Quarter Slowdown

Volumes for both port and shipping traffic during the second quarter for 2011 have declined when compared to growth rates over the first three months of last year according to the Irish Maritime Development Office (IMDO).

The figures released today also highlight that during the second quarter only 1of the 5 principal freight segments had any growth over the same timeframe, while the other modes remained flat or recorded some volume decline compared to the same period last year.

Below is a list of figures for each transport mode based for the second quarter of 2011.

•Lift-on/Lift-off (lo/lo) trades remained static at 0%.

•Roll-on/Roll-off (ro/ro) export traffic was down by 1%.

•Dry bulk volumes increased by 5%,

•Break bulk volumes were down by 6%

•The Tanker/Liquid bulk market was down 6%.

For more in-depth analysis of each freight-transport mode issued by the IMDO and accompanied by graphic charts click HERE.

Published in Ports & Shipping

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About the Loughs Agency

The Loughs Agency is a governmental body established under the 1998 Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Ireland. The Agency's goal is to provide sustainable social, economic, and environmental benefits by effectively conserving, managing, promoting, and developing the fisheries and marine resources of the Foyle and Carlingford areas.

The Agency's governing legislation confers several specific functions, including the promotion of development of Lough Foyle and Carlingford Lough for commercial and recreational purposes in respect of marine, fishery, and aquaculture matters. Moreover, the Agency is responsible for managing, conserving, protecting, improving, and developing the inland fisheries of the Foyle and Carlingford areas. Additionally, the Agency has the task of developing and licensing aquaculture, as well as the development of marine tourism.

The Loughs Agency reports to the North South Ministerial Council and its government Sponsor Departments, the Department of Agriculture, Environment and Rural Affairs (DAERA) in Northern Ireland, and the Department of the Environment, Climate, and Communications (DECC) in Ireland. The Departments fund the Agency on an equal basis.

The Loughs Agency's focus on sustainable development is expected to have a positive impact on the economy, environment, and local communities in the Foyle and Carlingford areas. The Agency's efforts to conserve and enhance the region's marine resources, including fisheries and aquaculture, are expected to benefit local communities, promote tourism, and contribute to economic growth.

In conclusion, the Loughs Agency plays a vital role in promoting the sustainable social, economic, and environmental development of the Foyle and Carlingford areas. Its work on marine conservation and development is crucial in ensuring the long-term viability of the region's natural resources and in promoting sustainable economic growth.