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#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below.

Container Market: World fleet supply growth to slow in 2014 - Global containership fleet growth is to moderate to its slowest rate in over a decade according to Alphaliner forecasts. The revised fleet growth now stands at 5.5%, the lowest annual figure since 1999, as scrappage levels increase and owners delay deliveries to next year.

Newbuilding Market: 71 Vessels ordered in one week - The recovery seems to be well underway in the newbuilding market according to the latest weekly report by shipbrokers Golden Destiny. Despite the difficulties players have had sourcing finance through the conventional channels.

Irish Passenger Numbers: 7% increase from last January - Failte Ireland has released their Irish passenger statistics for January, recording total passenger traffic (departures and arrivals) of 1.64million, up 7% on January last year. Passenger movements by air fared much stronger than by ferry as a number of ferries were cancelled due to the adverse weather. Overall passenger numbers on cross channel routes grew by 11% in January, broken down, this amounts to cross channel air passengers increasing 13% while cross channel sea numbers decreased 1%.

For more on each of the above and other stories click the downloadable PDF IMDO Weekly Markets Review (Week 8). In addition to coverage on Afloat.ie's dedicated Ports & Shipping News section.

 

Published in Ports & Shipping