Minister of State Seán Canney has launched the 23rd Irish Maritime Transport Economist, the Irish Maritime Development Office’s (IMDO) annual report on ports, shipping and maritime trade.
The launch, held at the Conrad Hotel, drew senior figures from the Department of Transport, ports, shipping firms and industry stakeholders.
Published by the Irish Maritime Development Office (IMDO), the report tracks trade flows, benchmarks performance and informs long-term port capacity planning.
IMDO Director Liam Lacey opened proceedings. Economic Advisor Daniel Fallen Baily outlined 2025 traffic performance, while Business Development Manager Kate Farrell presented sector opportunities.
Guest speaker Professor Noel O’Connor, CEO of the Insight Centre for Data Analytics, addressed digitalisation in the maritime industry.
The report highlights a challenging global backdrop. Irish ports operated amid geopolitical tensions, supply chain disruption and policy shifts.
Ireland remains highly exposed to global trade. With a trade-to-GDP ratio of 246%, and 90% of goods by volume moving by sea, maritime performance is critical to the economy.
Despite pressures, the sector has shown resilience. Recent shocks include the pandemic, Brexit transition, the war in Ukraine and disruption at Holyhead.
Lacey said the industry’s response has been key. “I would like to extend my sincere thanks to everyone working across the maritime sector for their professionalism, adaptability and continued commitment,” he said.
He added that the sector underpins “Ireland’s international connectivity” and supports wider economic growth and competitiveness.
The report notes rising population, shifting trade patterns and energy transition demands. It points to the need for continued investment in capacity, efficiency and infrastructure.
