#Ports&Shipping –The latest IMDO Weekly Market Review includes the following stories as detailed below.
Irish Shipping News: Dublin Port 2014 Record Year - As reported on Afloat.ie, Dublin Port Company published trade statistics for 2014 which show a record year for trade, with Y-O-Y growth of 7.0%. Total throughput for 2014 was 31 million gross tonnes with 7,108 ship arrivals in the year, bringing the port's activity back to the record levels of 2007.
Global Maritime News: Shanghai port busiest container port for 2014 - The Port of Shanghai has taken the crown as the world's busiest container port for the fifth year in a row as the port authority announced a 2014 throughput of 35.29m teu. Last year's box volumes rose by 4.5% compared to 33.77m teu recorded in 2013.
Bunker Price Fall: Owners saving $9,000 per day on bunker fuel - Falling bunker prices are saving shipowners around $9,000 per day, according to international shipowners association BIMCO. On average, a ship consumes around 30 tonnes of bunker fuel a day, so July's high price of $600 per tonne would cost an owner with a vessel on a spot charter around $18,000 per day.
For more on each of the above and other stories click IMDO Weekly Markets Review (Week 3). In addition to dedicated coverage on Afloat.ie's Ports & Shipping News section.
