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Irish Port and Shipping News
IMDO Shipping Review: “Sail” Cargoships, Dry-Bulker Slump, LNG Fuel the Future and more
#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below. Innovation: "Sails" tested for energy-efficient cargo shipping - A new wind-power project which would see cargo ships using sails to aid in propulsion could cut…
Ardmore Shipping Raise Finance for Current Newbuild Orders
#Ardmore – Ardmore Shipping Corporation has recently announced that it has signed a commitment letter for a new $172 million credit facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB (SEB). The company which…
EU Sets its Sight for European Shortsea Shipping
#Shortsea – SeatradeGlobal reports that the European Union is making great efforts to shift freight movements away from land transportation to sea. Greece's shortsea shipping sector is promoting an ambitious plan to connect shortsea shipping with river transport within, and…
ESPO Awards 2014 to Honour Port with Best Innovative Environmental Project
#ESPOawards - The ESPO Award on Societal Integration of Ports this year is entering its sixth edition. For the 2014 competition, the theme 'Innovative environmental projects' was chosen. The call for proposals is now open. ESPO will be addressing innovative…
IMDO Shipping Review: Global ‘Box’ Growth, Panama Canal Record Quarter, Container Merger Closer and much more
#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below. Container Market: Global container throughput accelerates - Global container throughput growth accelerated in December according to the Flash Container. Throughput Index of the Rheinisch-Westfälisches Institut…
Ghost Ship Haunts Europe - But Still Nowhere To Be Found
#GhostShip - The 'ghost ship' MV Lyubov Orlova is back in the news this week, with renewed fears that she may visit her rat-infested decks upon the shores of Western Europe. It's almost a year since the erstwhile polar cruise…
Isle of Man New Operator to Miss March Deadline
#ManxLink - According to BBC Isle of Man,Elann Vannin Line which attempted to establish a ferry service between the Isle of Man and England has confirmed it will not be able to start in March. Owners of Ellan Vannin Line,…
IOM Steam Packet Rivals Issue Ultimatum to Manx Government
#ManxLink - Captain Kurt Buchholz, founder of Ellan Vannin Line, has said that he has given the government a week to come back with a response to his application. He has indicated that if port authorities don't come back with…
Ardmore Shipping Take Delivery of Eco-Tankers and Newbuilds On Way
#NewTankers - Ardmore Shipping with its financial headquarters based in Cork, has taken delivery this month of two tankers, raising the fleet total to 10 vessels and with a further 11 ships on order. ArdmoreSeavantage, a 49,999 dwt IMO 3…
IMDO Shipping Review: Tanker Earnings Surge, Top Box Lines Loose-Out, Piracy Lowest and more
#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below Tanker Market: Crude tanker earnings surge - All segments in the crude tanker market reported significant increases in daily earnings last week, according to Lloyd's…
IMDO Shipping Review: Positive Box Figures, Robotic Ship Debate, Panama Canal Dispute and more
#Ports&Shipping –The latest IMDO Weekly Shipping Market Review includes the following stories as detailed below. Container Market: Global statistics for November In line with market expectations - Container Trade Statistics' latest aggregated volume survey showed that November's global containerised exports…
Caustic Soda Tanker Adrift 100 Miles Off Clare
#Tanker - RTÉ News reports that a tanker carrying 15,000 tonnes of caustic soda is adrift west of Loop Head after suffering engine failure. The ship, carrying 22 crew, is said to be stranded amid rough conditions with Force 8…
Ports & Shipping Review: Bulker Adrift, IOM Registry Success and Launch of Spanish Service
#ShippingReview - Over the last fortnight Jehan Ashmore has reported from the shipping scene where the drifiting bulk carrier Abuk Lion raised the alarm due to engine failure. Following the dramatic rescue of Abuk Lion, the Port of Cork took…
Successful 2013 for Isle of Man Ship Registry
#ManxShipping – Last year proved to be another very good year for the Isle of Man Ship Registry, securing more ships from new owners with a corresponding increase in gross registered tonnage of more than twice the growth rate of…
IMDO Shipping Review: Asia-Europe Rates Rise,Bulk Prospects Upbeat, Shipping Airs EU Concerns and more
#Ports&Shipping –The first IMDO Weekly Shipping Market Review for 2014 includes the following stories as detailed below. Container Market: Asia-Europe rates increase as GRIs take effect. Freight rates on the front haul Asia-Europe container shipping route reached a 17-month high…
Stranded Antarctic Passengers Rescued By Helicopter
#AntarcticIce - The Guardian reports that a helicopter mission to rescue stranded passengers - including two of the paper's journalists - from a research vessel stranded by ice in Antarctica has been successful. As previously reported on Afloat.ie, the Akademik…