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Displaying items by tag: Shipping Optimistic

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

Shipping Industry: Optimistic outlook - A majority of shipping companies expect their turnover and profits to increase during 2014, according to a survey from German shipping lender HSH Nordbank, as reported by Lloyd's List. Of the 51 companies surveyed, 59% reported expectations of increased sales during the current year, with 43% projecting rising profits.

Technology & Innovation: First orders for ethane-fuelled vessels - Three new ethane-powered ships or liquefied ethylene gas carriers (LEGCs) – the first vessels to be powered by ethane – have been ordered by Ocean Yield ASA of Norway, according to Ship & Bunker. Man Diesel, suppliers of the ships' engines, advocates the benefits of ethane as a fuel alternative. They claim ethane is less expensive and requires less bunkering time than heavy fuel oil (HFO).

Irish Economy: CEO confidence rising - A CEO Pulse survey carried out by PwC saw 86% of Irish CEO's expressing their confidence regarding Ireland's economy. The survey was based on the views of 250 CEOs in Ireland and saw an increase of 31% in positivity from CEOs when compared to the same time last year. Despite respondents showing a considerable increase in positive sentiment towards the wider economy and their own businesses, many still reported challenges facing their businesses in the coming years with 86% viewing the increasing tax burden as a major challenge

For more on each of the above and other stories click the PDF downloadable IMDO Weekly Markets Review (Week 30). In addition to coverage on's dedicated Ports & Shipping News.


Published in Ports & Shipping

About boot Düsseldorf: With almost 250,000 visitors, boot Düsseldorf is the world's largest boat and water sports fair and every year in January the “meeting place" for the entire industry. From 18 to 26 January 2020, around 2,000 exhibitors will be presenting their interesting new products, attractive further developments and maritime equipment. This means that the complete market will be on site in Düsseldorf and will be inviting visitors on nine days of the fair to an exciting journey through the entire world of water sports in 17 exhibition halls covering 220,000 square meters. With a focus on boats and yachts, engines and engine technology, equipment and accessories, services, canoes, kayaks, kitesurfing, rowing, diving, surfing, wakeboarding, windsurfing, SUP, fishing, maritime art, marinas, water sports facilities as well as beach resorts and charter, there is something for every water sports enthusiast.

At A Glance – Boot Dusseldorf 

Messe Düsseldorf GmbH
40474 Düsseldorf
Tel: +49 211 4560-01
Fax: +49 211 4560-668

The first boats and yachts will once again be arriving in December via the Rhine.

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