#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below.
Irish Economy: Exports could fall 2.8bn - The value of exports from the Republic could fall by €2.8 billion this year as earnings from pharmaceutical sales slip again, according to the latest estimates. The Irish Exporters' Association reported last week that the total value of exports in the first six months of this year was down 1.9% at €88.6 billion from €90.3 billion during the same period in 2012.
Container Market: Container volumes uplift - Volumes of containers increased at an accelerated rate in June 2013, marking the third consecutive month of growth, Container Trade Statistics [CTS] noted last week. The latest CTS aggregated volume data survey shows that, global containerized exports in June grew by 2.84% to 10.90 million TEU, which also appears to be the highest global total for June since 2011.
Bulker Market: Dry-cargo demolition plummets - Dry-cargo demolition has dropped by over 50% in 2013, according to Tradewinds. It counts 23.9million deadweight tonnes of bulkers sent to the scrap heap this year, down from 36.5 million dwt in 2012.Scr apping figures in all of the main sub-sectors are down on where they were in 2012.
For more on each of the above and other stories visit the downloadable PDF IMDO Weekly Markets Review (Week 32). In addition to Afloat.ie's dedicated Ports & Shipping News section.
