#IMDOreview -The latest Irish Maritime Development Office (IMDO) Weekly Market Review includes the following stories outlined below.
Irish Maritime News: Port of Cork Ringaskiddy - Development is Endorsed by the EU - As reported by Afloat.ie, the Port of Cork secured EU funding from the Connecting Europe Facility (CEF) – Transport sector. As a Trans-European Transport Network (TEN-T) project, over €12.3 million was allocated for the Port's Ringaskiddy Redevelopment Project, further endorsing the Port of Cork as a vital link in the European transport network.
Global Maritime News: Quebec Launch $9 Billion Maritime Strategy - On Monday, Quebec Premier Philippe Couillard officially launched the Liberal's Maritime Strategy, presenting a blueprint for an estimated $9 billion in investments over the next 15 years to develop industry and commerce in the province along the St. Lawrence River to where it meets the Atlantic Ocean.
Shipping Confidence Falls to All Time Low - Shipping industry confidence has fallen to the lowest levels seen since the start of quarterly surveys commissioned by Moore Stephens seven years ago. Respondents complained predominantly about low freight rates, while some expressed continuing doubts about private equity funding.
For more of the above stories and much more click the IMDO Market Review (Week 27) here.
In addition to further dedicated coverage visit Afloat.ie's Ports & Shipping news.
