Displaying items by tag: New Safety Code for Ports

5th January 2016

IMDO Review: New Port Safety Code, Shipping Indices Perform Badly & New Suez Canal Branch

#IMDOreview -The Irish Maritime Development Office (IMDO) latest Weekly Market Review has among the following stories as outlined below.

Irish Maritime News: HSA Publish New Code of Practice for Health and Safety in Dock Work. On Monday the 30th of November, the Health and Safety Authority published ‘Code of Practice for Health and Safety in Dock Work’. This new Code of Practice was written by the Health and Safety Authority in consultation with representatives from the Irish ports and docks sector.

The Code applies to commercial ports and dock premises, harbours and canals where goods and passengers are transported, handled or held for the purpose of loading or unloading ships.

Global Maritime News: Shipping Indices Perform Badly in 2015 as World Trade. Growth Underperforms Shipping Indices have performed badly this year as world trade has remained subdued. The Shanghai Containerized Freight Index (SCFI), which reflects spot rates for container transport from Shanghai to the rest of the world, has declined by as much as 47% so far this year.

New Canal Branch of Suez Canal: The new canal branch of the Suez Canal, inaugurated last August, has generated revenue of $1.4 billion during the last three months. During a press conference on Wednesday, Mahmoud Rizq, a member of the board of directors of the Suez Canal, noted that the canal has accomplished revenue of $4.3 billion during the past 10 months, which is equal to 32 billion Egyptian pounds.

For more on the above stories and other news items, click the IMDO Market Review (Week 49) here.

In addition to further dedicated coverage visit Afloat.ie's Ports & Shipping news.

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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.