Menu

Ireland's sailing, boating & maritime magazine

IMDO Review: 10,000 Marine Jobs, Ardmore Results, US-Cuba Ferries & More

29th May 2015
IMDO Review: 10,000 Marine Jobs, Ardmore Results, US-Cuba Ferries & More

#Ports&Shipping – The latest Irish Maritime Development Office (IMDO) Weekly Market Review includes the following stories outlined below.

Irish Maritime News: 10,000 Marine Jobs by 2020- The Expert Group on Future Skills Needs (EGFSN) has advised the Government to upskill younger workers to support the 10,000 new jobs the marine economy will create by 2020.

Ardmore Shipping Corporation Announces - Financial Results for Quarter 1 2015 -Ardmore reported EBITDA (Earnings before interest, taxes, depreciation, and amortization) of $12.2 million for the three months ended March 31, 2015, an increase of $8.2 million from $4.0 million for the three months ended March 31, 2014.

US Awards First Cuba Ferry Permits - Up to six companies have been awarded licences to operate ferry services between the US and Cuba, the first in more than 50 years. It is understood that the licences are broad in scope, leaving specific routes, frequencies and number of vessels open and apparently up to the operator.

For more of each of the above stories and much more click the IMDO Market Review (Week 19) here.

In addition to further dedicated coverage visit Afloat.ie's Ports & Shipping news.

Published in Ports & Shipping
Jehan Ashmore

About The Author

Jehan Ashmore

Email The Author

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. 

We've got a favour to ask

More people are reading Afloat.ie than ever thanks to the power of the internet but we're in stormy seas because advertising revenues across the media are falling fast. Unlike many news sites, we haven't put up a paywall because we want to keep our marine journalism open.

Afloat.ie is Ireland's only full-time marine journalism team and it takes time, money and hard work to produce our content.

So you can see why we need to ask for your help.

If everyone chipped in, we can enhance our coverage and our future would be more secure. You can help us through a small donation. Thank you.

Direct Donation to Afloat button