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Displaying items by tag: Ports & Shipping news

#DRY-DOCKING –One of the largest vessels of the 40-plus Arklow Shipping Ltd fleet, Arklow Manor of 9,682grt/14,008dwt entered the dry dock in Dublin Port yesterday, writes Jehan Ashmore.

The 139m dry-cargo vessel docked in Graving Dock No.2, though the facility located within Alexandra Basin actually consists of a single facility since the older and smaller adjacent Graving Dock No. 1 was in-filled several years ago to create more hard-standing space for freight vehicles.

Arklow Manor has four holds that can handle various cargoes, among them grain (total capacity of 18,110 m3). She is the lead ship of a five 'M' class vessels that was completed in 2009 from the Mokpo Shipbuilding Ind. Co in South Korea. Earlier this year one of her sisters, Arklow Marsh also underwent dry-docking at the same facility.

Both these vessels belong to a majority of ships (ranging from 3,000 tonnes) that are registered in Arklow, where the company headquarters manage the Irish flagged fleet. The remaining Dutch flagged vessels are managed by Arklow Shipping Nederland based in Rotterdam, which is also the port of registry for these ships.

Published in Ports & Shipping

#PORTS & SHIPPING REVIEW - Over the last fortnight Jehan Ashmore has reported from the shipping scene where Celtic Link Ferries celebrated their first year in service of the ro-pax ferry Celtic Horizon which operates the Rosslare-Cherbourg route.

Also in Rosslare, Stena Line's Fishguard ferry Stena Europe attempted to berth in high winds which led to the vessel making contact with the bow of Irish Ferries cruiseferry Oscar Wilde.

Further ferry news, though from Cork where last weekend saw the final end of season round-trip sailing to Roscoff operated by Brittany Ferries cruiseferry Pont-Aven.

According to the Irish Maritime Development Office (IMDO), Irish Ports are in a good position to capitalise on the growing demand for offshore renewable energy services.

Following the tallship Tenacious 'Open Day' in Dublin Port in late October, the 65m long barque returned to Dublin Bay, but instead made an overnight visit to Dun Laoghaire with 28 crew trainees on board. Her owners the Jubilee Sailing Trust are looking for volunteers to carry out tasks while she undergoes dry-dock this month.

Turnover in the Dublin Port Company has edged fractionally higher in 2011 at €69.1m and operating profit also slightly increased by €0.8m to €27.8m on 2010 figures.

An apt office location for Decisions (D4H) a software firm specialising in emergency response technology has made its new home at a building block adjacent of the Baily Lighthouse in Dublin Bay.

Published in Ports & Shipping

#DUBLIN PORT - Turnover at the Dublin Port Company has edged fractionally higher last year at €69.1m, with profits also increasing slightly.

Exports were up at the commercial semi-state port to 11.5 million tonnes but were offset by a 2pc decrease in imports to 16.6 million tonnes. Operating profit increased by €0.8m to €27.8m on 2010.

The State also took three times more cash in dividends than in 2010. In accounts filed with the companies office, the company said it paid out €16.5m, this compares with €5.5m the previous year.

For more the Irish Independent has a report HERE.

Published in Dublin Port

#TALLSHIPS – What are the chances of getting to see the underside of a ship's hull, let alone the rare opportunity to carry out work on a tallship, look no further than the STV Tenacious, writes Jehan Ashmore.

This unique opportunity to see the hull exposed is to take place this month when the Jubilee Sailing Trust's 65m barque is to undergo anti-fouling work during an 18 day dry-docking. She has only been out of the water twice in the last five years.

Currently the vessel is berthed in Dun Laoghaire Harbour, though is to depart this morning bound for Milford Haven, her final port of call of a seven-day voyage, however she will remain in the Pembrokeshire port where there is a dry-docking facility.

If you can spare the time, volunteers would be most welcomed by the JST to help transform Tenacious, where a successful fundraising effort has raised funds to complete phase 1 of a routine refurbishment needed for the vessel.

Volunteers will be required to carry out the following jobs such as painting the hull, taking off and putting back the rudder, checking the anchors and chains, removing life-rafts for service, taking down yards and overhauling them.

Also involved will be the changing of the "cell" in the sewage plant and work on the master magnetic compass – otherwise known as replacing the "jewel".

So if you want to get up close and personal with a tallship –contact the JST on 00 44 (0)23 8044 9108 Email: [email protected] and by clicking HERE.

Published in Tall Ships

#GALWAY HARBOUR– Funding for the proposed redevelopment of Galway Port, could be sourced from international cruise-line companies, the Joint Oireachtas Committee on Transport and Communications has been told.

Paul Carey of Galway Harbour Company told the Committee yesterday that preliminary discussions had taken place with a number of the world's largest cruise-line operators to discuss this possibility.

Questioned by committee member and Galway West TD Brian Walsh, Mr Carey cited Royal Caribbean International as an example of a company that has become a stakeholder in such infrastructure projects in the past.

For more on this story, the Galway Independent has a report

Published in Galway Harbour

#PORTS NEWS – A major two-day ports conference organised by the European Commission, started today in Brussels, where 400 delegates representing different stakeholders within the port sector are attending.

The aim of the conference is to analyse the current EU policy framework for ports, which is laid down in a communication of the Commission that was published in 2007. The outcome of the review is not decided yet, with options ranging between doing nothing, guidance on application of Treaty rules and full-blown legislation.

"We firmly believe that the European Union has the potential to be a positive force in establishing a renaissance of port management and policy", said European Sea Ports Organisation (ESPO) Chairman Victor Schoenmakers in his statement at the conference. "This can be done by, on the one hand, ensuring a level playing field and legal certainty, and, on the other hand, fostering growth and development of ports."

Raising the specific challenges of port authorities, Mr Schoenmakers highlighted access to port land as a principal point of attention. "The most important asset that port authorities have is land. The way we give access to that land to operators is therefore essential. Whether we do this through public domain concessions or private land lease contracts is irrelevant.

"What matters is the ability to balance transparency and flexibility when using these instruments. Having clear, but also proportional guidance on the application of relevant Treaty rules is for us therefore an essential element of a common ports policy, next to guidance on State aid and guidance on the freedom to provide services."

The ports policy conference will be followed by a further consultation on the options at hand and an impact assessment. The outcome of the process is expected for spring next year.

Published in Ports & Shipping

#FERRY NEWS- Stena Line's seasonal-only Dun Laoghaire-Holyhead route run by the HSS Stena Explorer finished its last sailing today with a lunchtime departure bound for Anglesey. However the HSS service will return for twelve days over the Christmas / New Year period, writes Jehan Ashmore.

In the interim period the company will maintain their Dublin-Holyhead year-round route served by conventional ferries, Stena Adventurer and Stena Nordica. For information on the 3-hour 15 minute route and sailings schedules click HERE.

This is the second year in which the reduced HSS service has been operating to a single daily round trip, as Stena Line in recent years has strived to reduce costs on the 120 minute route served by the more expensive to run fuel-thirsty catamaran fast-ferry.

When sailings return on the Dun Laoghaire-Holyhead route during the festive period (see details), they are scheduled to run during three short stints, they are as follows: 20-23 December, 27-30 December and 2-5 January 2013.

Published in Ferry

#PORTS & SHIPPING - Below is a comment from John B. McGuckian, chairman of the Irish Continental Group (ICG) on the half-yearly financial report for the six months ended 30 June 2012.

Mr. McGuckian said, "I am pleased to report a robust performance in the first six months of the financial year. Turnover grew, albeit moderately while EBITDA was €14.3 million in the first six months of the year, down only €1.8 million despite an increase of €4.5 million in our fuel bill in the period.

With regard to current trading, while freight remains weak due to the economic background our tourism and car business has benefited from reduced competitor capacity although fuel costs remain a headwind.

With our strong cash flow and balance sheet we propose an unchanged interim dividend of 33 cent per ICG Unit and due to the strength of our capital position propose a return to shareholders of up to €111.5 million via a tender offer buy-back, which is subject to shareholder approval.‟‟

Interim Management Report for the six months up to 30 June 2012

Results

The Board of Irish Continental Group plc (ICG) reports that, in the seasonally less profitable first half of the year, the Group recorded revenue of €127.1 million compared with €126.6 million in the same period in 2011 an increase of 0.4%.

Earnings before interest tax and depreciation (EBITDA) were €14.3 million compared with €16.1 million in the same period in 2011.

Operating profit was €5.1 million compared with €6.5 million in 2011. Group fuel costs were €28.9 million compared with €24.4 million in the same period in 2011. There was a net finance charge of €1.2 million (2011: €0.3 million) which includes a net pension expense of €0.8 million (2011: credit of €0.1 million) and net bank interest payable of €0.4 million (2011: €0.4 million).

Profit before tax was €3.9 million compared with €6.2 million in the first half of 2011. The tax charge amounted to €0.3 million (2011: €0.1 million). Basic EPS was 14.5c compared with 24.4c in the first half of 2011. Adjusted EPS (i.e. before the net pension interest expense) amounted to 17.7c (2011: 24.0c).

Dividend

The Board declares an interim dividend of 33 cent per ICG Unit payable on 5 October to shareholders on the register at 21 September 2012.

Disposal of Subsidiary

On 29 August 2012 the Group entered into an agreement for the sale, subject to regulatory approval, of its subsidiary Feederlink Shipping and Trading b.v. for a consideration of up to €29 million. All details are available from clicking this link: http://www.icg.ie/documents/2012/2012-07-30-Half-Year-Results.pdf

Published in Ports & Shipping

#PORTS & SHIPPING REVIEW - Over the last fortnight Jehan Ashmore has reported from the Shipping scene where the Port of Cork Company posted an operating profit before exceptional costs of €1.3 million – down by €700,000 from 2010 – on a turnover of €21.4 million.

Dublin Port welcomed a new cruise operator, MSC Cruises when the 59,000 tonnes MSC Lirica made her maiden 'Irish' port of call, which was followed by visit to Cobh in mid-August. On the same day of MSC Lirica's call to the capital, P&O Cruises Adonia became the second caller so far this season to Foynes on the Shannon Estuary.

The luxury liner returned to Dublin yesterday, coinciding with The Tall Ships Race Festival and where today the fleet set off with the highlight of the 'Parade of Sail' which passed off Dun Laoghaire Harbour and Howth Peninsula. The Ecuadorian Navy's barque Guayas lead the parade, as they sailed past the anchored guardship L.E. Emer offshore of the harbour mouth.

For the first time the National Maritime Museum of Ireland in Dun Laoghaire, broke tradition by opening its doors to the public on Mondays, and this will remain so to the end of the summer.

The heavylift cargo-ship HHL Valparasio (2010/17,634grt), believed to be the largest vessel ever to dock in Fenit, Co. Kerry, loaded two ship-to-shore container cranes built by the Liebherr factory outside Killarney, which were bound for the Elizabeth Port, New Jersey in the US.

Also in the same county, the luxury 5-star cruiseship Hebridean Princess was on a 7-night cruise tour of the south-west coast based out of Cobh, where passengers had flown in from the UK. The cruise was unusual in that the ports were all concentrated in that region.

Also based out of Cork is the headquarters of Ardmore Shipping Ltd, whose first of four product tankers was marked by a keel-laying ceremony at a South Korean shipyard.

Single-route operator Celtic Link Ferries chartered ro-pax Celtic Horizon, is running her first peak-season sailings since introduced on the Rosslare-Cherbourg route in October last year.

During this week the Naval Service detained an Irish registered trawler in relation to alleged breaches of technical fishing regulations offshore of Ballycotton. The OPV L.É. Niamh (P52) escorted the vessel to Cork. This followed another detainment off Ballycotton and again an Irish trawler, for the same reasons, when the CPV L.É. Ciara (P42) escorted the vessel also to Cobh.

Published in Ports & Shipping

#SHIPPING CRANES – In what is believed to be the largest ship ever to dock in Fenit, Co. Kerry, the heavylift ship HHL Valparasio (2010/17,634grt) departed this afternoon with two ship-to-shore container cranes bound for the USA, writes Jehan Ashmore.

The Liberian flagged heavylift ship is transporting the cranes to Elizabeth Port, in New Jersey and were manufactured by Liebherr Container Cranes Ltd based in Fossa, outside Killarney.

The Swiss family owned business has been operating with its Irish base since 1958 and has a workforce of 560 employees. The manufacturing facility is part of a global group with more than 35,000 employees in more than 130 companies, in which the company was established in 1949 by founder Hans Liebherr.

As HHL Valparaso departed Fenit pier, two tugs assisted the 168m long vessel which had previously made her outward bound trans-Atlantic voyage from Norfolk, Virginia. On board was cargo of grain which was unloaded in Dublin Port earlier this month.

The two-year old vessel (P2 class) is owned by German operator Hansa Heavy Lift GmBH based in Hamburg and she was built by the Hudong Zhonghua Shipbuilding Group in Shanghai, China. The vessel belongs to a fleet of 21 multipurpose heavy-lift freighters engaged in the heavy-lift and project market.

The ships' on board cranes have  harnesses of a combined lift capacity of 1,400 tons and facilitate the loading and discharging of cargoes around the world – independent of the local infrastructure.

With today's crane cargo which forms the only major business running out of Fenit, which has operated as a commercial port since 1887, the Co. Kerry harbour has had 12 such shipments in 2012. According to Liebherr a further seven such exporting cargo-calls are scheduled for the rest of this year.

Published in Ports & Shipping
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