Ports & Shipping Review: ISL 30th Year Reunion, Container Rise 9%, Arklow's Newbuild Brave, CMA-GGM’s $201m Profit

29th November 2014

#Ports&ShippingReview: Over the last fortnight, Jehan Ashmore has reported on the shipping scene, where former officers, crew and staff attended a reunion to mark the 30th anniversary of Irish Shipping Ltd, the state company which went into liquidation in 1984.

The Irish Maritime Development Office (IMDO) released figures that showed container shipping volumes, Lo/Lo have risen by 9% in the third quarter of 2014.

Arklow Shipping's fifth out of six B class general cargo 'green' newbuilds, Arklow Brave is to be christened and launched next month at a Dutch shipyard.

French global containership giant, CMA CGM in the third quarter, announced net profit of $201m as cargo volumes reached an all-time high and order for six mega 18,000TEU capacity ships due 2015.

Published in Arklow Shipping, Ports & Shipping

Published in Arklow Shipping

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About The Author

Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals.

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About Arklow Shipping

Arklow Shipping Limited, one of Ireland's leading shipping companies, has marked over 50 years of operation following its establishment in 1966.

The company, which began with a fleet of seven ships, has grown steadily over the years and now boasts a fleet of 59 vessels.

The company was founded by Captains James Tyrrell, Michael Tyrrell, and Victor Hall, who collaborated to create an umbrella company to operate their ships. This move allowed them to reduce overheads and strengthen their position in the market. The original fleet comprised seven ships, namely Tyrronall, Murell, Marizell, Valzell, Kilbride, River Avoca, and Avondale, all of varying sizes.

The shipping industry in Ireland underwent a significant transformation in the 1960s, with the replacement of traditional auxiliary schooners with modern crafts.

Arklow Shipping was at the forefront of this change, and the founders recognized the need for a new approach to shipping in Ireland. They built a company that could adapt to the changing market demands, and this has been a key factor in the company's continued growth.

Over the years, Arklow Shipping has bought, sold, and built ships, facing the challenges and opportunities that come with operating in the shipping industry. Despite these challenges, the company has remained committed to meeting market demand and providing high-quality services to its clients.

Today, Arklow Shipping is a leading player in the shipping industry, with a strong reputation for reliability and professionalism. The company's success story is a testament to the vision and dedication of its founders, who laid the foundation for a company that has stood the test of time.