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Irish Port and Shipping News
IMDO Shipping Review: Asia-Europe Growth Continues, Dry-Bulk Market Struggles, Obama Signs Port Infrastructure Bill and much more
#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below. Container Market: Asia-Europe volumes continue strongly -Container volumes from Asia to Europe continued their strong growth in April, with the sub-routes to the Western Mediterranean…
Half-Way Launch Stage of Arklow’s Six 'Greener' Hulled Newbuild Order
#GreenNewbuild – Arklow Beach became the third of six 'B' class 'green' newbuilds launched amidships at the Ferus Smit yard in Westerbroek, the Netherlands for Arklow Shipping's Dutch subsidiary, writes Jehan Ashmore. The spectacular sideways launch (see photo's) and christening…
Ports & Shipping Review: Commission Approve P3 Alliance, Cabinet Sanction Harbours Amendment Bill, FollowTheFleet.ie Survey and More Ardmore Tankers
#Ports&ShippingReview: Over the last fortnight, Jehan Ashmore has reported on the shipping scene, where the European Commission has approved the P3 Alliance Network involving three major container shipping operators. At cabinet level, Minister for Transport, Leo Varadkar has secured approval…
Harbours (Amendment) Bill 2014 Information Links from Department of Transport
#Harbours(Amendment)Bill- As previously reported the Harbours (Amendment) Bill 2014, recently announced by Minister for Transport, Tourism & Sport (DTTAS) Leo Varadkar, will allow five designated Ports of Regional Significance. The ports designated under the bill are Drogheda, Dún Laoghaire, Galway,…
Ardmore Expand with Acquisition of Second-Hand Product Tankers
#ArdmoreAquireTankers - Ardmore Shipping Corporation have acquisition two second-hand 47,500 Dwt MR product tankers built in 2008 at Onomichi Dockyard Co. Ltd., Japan for a purchase price of $23m each. The vessels are expected to deliver to Ardmore between July…
IMDO Shipping Review: Asia-Europe ‘Box’ Volatility, Dramatic Atlantic Tanker Changes, Flat to Soft Europe Bulk Short Sea Market and more
#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below. Container Market: Further rate volatility predicted - Container shipping rates have been forecast to remain volatile for the coming months as carriers on Asia-Europe trades…
FollowTheFleet.ie Launch 2014 Maritime Adventure Classroom Subscriber Survey
#FollowTheFleet-  www.followthefleet.ie is an educational resource designed to bring the world of maritime adventure into the classroom. The website which is devised by the Irish Maritime Development Office (IMDO), is a simple and effective way for schoolchildren to gain an…
Port Sector Reform Bill Published, Five Regional Ports Transfer to Local Authorities
#ports – The Cabinet has approved the draft General Scheme of a new Bill with important implications for Ireland's vital port sector, Minister for Transport, Tourism & Sport Leo Varadkar has announced. The Harbours (Amendment) Bill 2014 will allow the five…
P3 Alliance of Container Network Approved by European Commission
#ECapproveP3Alliance- The P3 Alliance Network, as previously reported on Afloat.ie, which is formed by three major container shipping operators have been informed by the European Commission that it will not open anti-trust proceedings, allowing the shipping alliance to remain compliant…
ESPO Stresses Weighing of Containers Not burden for Port Handling Activities
#WeighingContainers –The European Sea Ports Organisation (ESPO) has welcomed recent decision of IMO's Maritime Safety Committee (MSC) by which it is the shipper's responsibility to submit the verified gross weight of containers before loading onto the ships. The verification of…
IMDO Shipping Review: Africa Upsizes, Misplaced Optimism Overcapacity, New Marine Wood Fuel and Much More
#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below. Container Market: African upsizing -The upsizing of vessels on African trades continues strongly accordingly to Clarksons Research Limited supported by robust growth in trade volumes…
Ports & Shipping Review: Wicklow Port on the Rise, ICG Revenue Up, More Eco Tanker Newbuilds and Manx Shipping Scene Outside Douglas
#Ports&ShippingReview – Over the last fortnight, Jehan Ashmore has reported on the shipping scene, where a snapshot on the port of Wicklow reveals modest signs of traffic not seen since 2008. Irish Continental Group (ICG) issued their interim management statement…
Irish Shipping Volumes Up 4% During Q1 2014
#IrishShippingVolumes - Irish shipping and port activity rose by 4% in the first quarter of 2014 when compared to the corresponding period of 2013, according to the latest quarterly iShip Index published  by the Irish Maritime Development Office (IMDO). The…
Ardmore Shipping Acquire 49,000dwt Eco-Design MR Tanker
#ArdmoreEcoTanker- Ardmore Shipping Corporation has acquired a 49,997 dwt Eco-design product and chemical tanker built in July 2013 from the STX Offshore & Shipbuilding Co. Ltd., South Korea, for a purchase price of $36 million. The newbuild is expected to…
Manx Shipping Scene: Not Just the Preserve of Douglas
#ManxShippingScene – Outsiders could easily conclude that the Manx capital, Douglas is exclusively where all shipping activity takes place given the traditional 'steam-packet' links between the island and the UK and Ireland, not so, head northwards to Ramsey, writes Jehan…
d'Amico International’s Irish Subsidiary Launch Pair of New Medium Range "Eco" Tankers
#EcoTankerNewbuilds - d'Amico International Shipping S.A., an international marine transportation company which has a subsidiary based in Ireland since 2001, has announced the launch of two additional MR "ECO" vessels built at Hyundai Vinashin Shipyard Co Ltd. in Vietnam. The…