Menu

Ireland's sailing, boating & maritime magazine

In association with ISA Logo Irish Sailing

IMDO Review: New Port Safety Code, Shipping Indices Perform Badly & New Suez Canal Branch

5th January 2016

#IMDOreview -The Irish Maritime Development Office (IMDO) latest Weekly Market Review has among the following stories as outlined below.

Irish Maritime News: HSA Publish New Code of Practice for Health and Safety in Dock Work. On Monday the 30th of November, the Health and Safety Authority published ‘Code of Practice for Health and Safety in Dock Work’. This new Code of Practice was written by the Health and Safety Authority in consultation with representatives from the Irish ports and docks sector.

The Code applies to commercial ports and dock premises, harbours and canals where goods and passengers are transported, handled or held for the purpose of loading or unloading ships.

Global Maritime News: Shipping Indices Perform Badly in 2015 as World Trade. Growth Underperforms Shipping Indices have performed badly this year as world trade has remained subdued. The Shanghai Containerized Freight Index (SCFI), which reflects spot rates for container transport from Shanghai to the rest of the world, has declined by as much as 47% so far this year.

New Canal Branch of Suez Canal: The new canal branch of the Suez Canal, inaugurated last August, has generated revenue of $1.4 billion during the last three months. During a press conference on Wednesday, Mahmoud Rizq, a member of the board of directors of the Suez Canal, noted that the canal has accomplished revenue of $4.3 billion during the past 10 months, which is equal to 32 billion Egyptian pounds.

For more on the above stories and other news items, click the IMDO Market Review (Week 49) 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

Featured Sailing School

INSS sidebutton

Featured Clubs

dbsc mainbutton
Howth Yacht Club
Kinsale Yacht Club
National Yacht Club
Royal Cork Yacht Club
Royal Irish Yacht club
Royal Saint George Yacht Club

Featured Brokers

leinster sidebutton

Featured Webcams

Featured Car Brands

subaru sidebutton

Featured Associations

ISA sidebutton
ICRA
isora sidebutton

Featured Events 2020

Featured Chandleries

CHMarine Afloat logo
osm sidebutton
viking sidebutton

Featured Sailmakers

northsails sidebutton
uksails sidebutton

Featured Marinas

dlmarina sidebutton

Featured Blogs

W M Nixon - Sailing on Saturday
podcast sidebutton
mansfield sidebutton
BSB sidebutton
sellingboat sidebutton

Please show your support for Afloat by donating