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IMDO Review: Stena On Brexit, UK Shipping Calls for Free Trade, Expanded Panama Canal & More

13th July 2016
The impact of the Brexit fallout has been discussed by Stena Line and separately by the UK Chamber of Shipping that has called for free trade Commission assistance The impact of the Brexit fallout has been discussed by Stena Line and separately by the UK Chamber of Shipping that has called for free trade Commission assistance Photo: Jehan Ashmore

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

Irish Maritime News: Brexit: Stena Line Discuss the Impact of Brexit - As reported also on Afloat.ie, Stena Line has said it will have to assess how Brexit could impact the UK.

The Swedish company, which sails from Holyhead to Dublin, employs hundreds of workers in North Wales. A Stena Line spokesman said: "As Brexit is a completely new situation Stena Line will have to evaluate its potential impacts from a number of different perspectives.”

Brexit: UK Chamber of Shipping Calls for Free Trade Commission Assistance - In response to last week's decision by the UK to leave the European Union (EU) in the so-called "Brexit" referendum, the UK Chamber of Shipping has issued a call for the government to establish a new Free Trade Commission for the country in order to support, among other things, the country's shipping industry.

Global Maritime News: Expanded Panama Canal - The newly expanded Panama Canal is expected to boost trade between China and Latin/South America as it makes the flow of goods between the two regions easier and more efficient, a Mexican expert on Asia said.

Jose Luis Leon-Manriquez of Mexico City’s Autonomous Metropolitan University, spoke with Xinhua following the opening of the expanded canal on Sunday, with the inauguration ceremony featuring a huge Chinese container ship (COSCO Shipping Panama, Afloat adds) passing through the waterway.

For more on the above stories and other news items, click the IMDO Market Review (Week 26) 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

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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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