Displaying items by tag: Irish shipping trade figures

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 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.