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Irish Port and Shipping News
IMDO Weekly Review: Irish Agri-Foods Reaching €12bn Goal, Newbuilds Two Year High, Container Rates Slump
#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below. Irish Economy: Agri-food exports - Irish agri-food will meet its goal of reaching €12bn annual exports by 2020, according to Irish Exporters Association chief executive…
US Training Ship to Visit Dublin Port
#TrainingShip – The veteran US training ship T.S. Empire State (1962/14,557grt) arrived into Dublin Bay yesterday having crossed the Atlantic Ocean, she is however not due to dock in Dublin Port until tomorrow, writes Jehan Ashmore. Operated by the SUNY…
IMDO Weekly Review: EU/US Trade Deal Benefits, Container Flatlines, European Coal Slumps and more…
#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below. Irish Economy: EU/US trade deal - Ireland will benefit more than any other European country except Britain if the European Union and United States hammer…
Container Shipping Giants to Merge Resources in Effort to Raise Rates
#ContainerRates- The World's largest container line, AP Moeller-Maersk A/S said it will pool vessels with its two biggest rivals in an effort to manage overcapacity and raise unprofitable freight rates, according to Bloomberg. The Danish giant Maersk Line, Mediterranean Shipping…
European Social Dialogue Meeting for Ports Sector Underway
#PortSector – European port employers representatives and trade union organisations are meeting in Brussels today for the official inauguration of the Sectoral Social Dialogue Committee for the Port Sector. The committee will act as a platform to discuss issues of…
Ports & Shipping Review: Maritime Labour Package, Shipping Sector Steady Course, Ferry Service 40th, New Cruise Terminal plus more..
#ShippingReview: Over the last fortnight Jehan Ashmore has reported from the shipping scene where Minister for Transport, Leo Varadkar confirmed a successful Irish Presidency trilogue which dealt with the Maritime Labour Package. Celtic Link Ferries recorded an increase in both…
Seized Bulk-Carrier Sold at Auction for €4.8m
#SoldShip – The Belize flagged bulk-carrier Clipper Faith (1998/19,354grt) seized in Dublin Port in March as previously reported on Afloat.ie has been sold at auction for €4.8m reports RTE News. The crew who had not been paid since December 2012,…
Ardmore Shipping Newbuild Tanker Time-Chartered to Cargill
#NewTanker – Cork based Ardmore Shipping has taken delivery of the newbuild Ardmore Seaventure from SPP Shipbuilding in Korea and the 49,999dwt tanker was immediately delivered to Cargill on a 12 month time charter arrangement. Ardmore Seaventure is classed as…
Purr... fect as Wind-Farm Cats Excel
#WindFarmCraft- Wicklow based marine-plant specialist Island Shipping look back on their pair of wind-farm support vessels (WFSV) introduced in recent years and with added satisfaction. Following research of the 17m craft, they have performed particularly well with the best in…
Irish Based International Shipping & Leasing Sector Remained Steady in 2012
#IrishShippingSector – Irish based shipping companies in 2012 experienced a challenging year with operations in both the domestic and international shipping markets, according to the Irish Maritime Development Office (IMDO). Against this turbulent backdrop, the number of vessels being owned,…
IMDO Weekly Review: Ireland Improves Ranking, Containership Oversupply, Bullish Bulker Outlook by 2015 and much more
#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below. Irish Economy: Competitiveness -The latest IMD World Competitiveness Yearbook 2013 saw Ireland rise three places to number 17 in overall competitiveness rankings, with significant improvements…
Ireland Records Success on Maritime Labour Package
#FlagDirective- Minister for Transport, Leo Varadkar has confirmed another successful Irish Presidency trilogue with the European Parliament on the Flag State Directive, which covers marine issues. The trilogue which involved negotiations between the EU's Council, Commission and Parliament met last…
Ports & Shipping Review: Fodder Record, Ferry Facelift, Maritime Day, New ESPO Head, Magnifica’s Call and more…
#ShippingReview: Over the last fortnight Jehan Ashmore has reported from the shipping scene where the fodder crisis, the worst in over 50 years has led to ports witness unprecedented levels of animal feed imports. New Zealand ferry operator Interislander which…
ESPO’s Mixed Reaction Over Port Regulation
#PortRegulation – At the 10th a.g.m. of the European Sea Ports Organisation (EPSO) conference held in Varna, Romania, the main debate centred on the new ports policy regulation and communication of the European Commission, which were issued last week. Commission…
European Sea Ports Organisation Appoints Ryckbost to Lead Secretariat
#NewESPOSecretary -At a meeting of the European Sea Ports Organisation (ESPO) held in the Romanian Black Sea port of Varna, the General Assembly of the organisation today appointed Isabelle Ryckbost as the new Secretary General. Ms Ryckbost succeeds Patrick Verhoeven…
IMDO Weekly Review: Box Rates Declining, New Oil Refinery, Dry-Bulker Fleet Expands
#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below. Container Market: SCFI rates diverge - According to figures from the Shanghai Containerised Freight Index (SCFI), spot box rates for long-haul cargoes from China are…