Ports & Shipping Review: Container Rates 17 Month Low, €3m Port of Cork Crane, Dry Bulkers Price Rise and EU's Blue-Belt

14th July 2013

#ShippingReview: Over the last fortnight Jehan Ashmore has reported from the shipping scene where container market rates are unlikely to drop any further following average global rates falling to a 17-month low last month.

Port of Cork Company are to invest €3 million in new mobile crane plant equipment for the Ringaskiddy Deep-water Berth.

Rising prices for second-hand dry bulk vessels point to a turnaround in the industry.

The European Commission launched the 'Blue Belt' communication, which contains two concrete proposals that will contribute to establishing an internal market for maritime transport.

Published in Ports & 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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