Shipping Review: Dublin Port Record Growth, P&O Close Route, Baltic Dry Plunges & More

23rd January 2016

#ShippingReview – Jehan Ashmore reviews the shipping scene over the last fortnight where among the stories are outlined below.

Dublin Port posts record year for cargo in 2015, where trade growth year-on-year was 6.4% and total throughput was 32.8 million gross tonnes.

Also experiencing positive growth last year the Port of Cork & Bantry Bay Port reached a total of 11 million tonnes. Total trade traffic for Cork reached 9.8 million tonnes while Bantry Bay Port Company recorded 1.1 million tonnes in 2015, slightly down on last year.

P&O Ferries close the seasonal Larne-Troon route following a comprehensive reviews of its options.

d’Amico Tankers Limited (Ireland) sold the Cielo di Salerno for US$13,000,000. The 36,032dwt handysize product tanker was sold last month to SW Cap Ferrat Shipping LLC based in the Marshal Islands.

The Baltic Dry Index plunged to a record amid signs of slowing economic growth in China that’s also hurting the nation’s stock market.

Published in Ports & Shipping

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About The Author

Jehan Ashmore

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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.

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