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Displaying items by tag: Irish port volumes

#PORT & SHIPPING – According to the Irish Maritime Development Office (IMDO) the volume of port and shipping traffic through the Republic of Ireland remained relatively stable in the third quarter of 2012.

The latest analysis of the traffic data indicates that two of the five principal freight segments returned to growth in the third quarter, two declined and one remained unchanged.

Lift-on/lift-off (Lo/lo) trades declined 2%

Container traffic (Lo/lo) has declined by 2% during the third quarter of this year. Exports, as a subset of these figures fell for the second consecutive quarter, declining by 3% as weaker demand conditions prevailed, particularly in the Euro zone area. However, exports to other markets in Asia, South Africa, and both North and Latin America remained relatively firm. Imports declined by 1%, representing the 19th consecutive quarter of declining import volumes. However, the rate of decline in this segment has eased considerably over the course of 2012, possibly indicating the market might be finally bottoming out.

Roll-on/Roll-off (Ro/ro) traffic was unchanged at 0%

Roll-on/roll-off (ro/ro) traffic remained unchanged in the Republic of Ireland for Quarter 3 compared to the same period last year. The majority of ro/ro freight from Ireland is destined for Great Britain which continues to underperform, with leading economic indicators recording weaknesses in the retail and manufacturing sectors. Nonetheless, this is a slight improvement for this shipping market segment having recorded two consecutive quarterly declines earlier this year.

Dry bulk volumes increased by 13%

Dry bulk shipments, which make up the largest volume of traffic throughput at Irish ports, grew by 13% during the third quarter of 2012. Improved domestic demand for agricultural products contributed to the rise while exports of ores and other industrial commodities also performed well.

Tanker/Liquid bulk market increased by 9%

Liquid bulk volumes of tanker based petroleum products increased by 9% in the third quarter. This increase was primarily as a result of large volumes of crude oil being transhipped at Bantry Harbour's oil storage facilities. Excluding Bantry, volumes would have seen a decline of 8% in Quarter 3, which perhaps more accurately reflects domestic demand for petroleum products.

Break bulk volumes down by 10%

Break bulk volumes, which represent the smallest segment of the domestic market, continued to decline into Quarter 3, falling by 10% with no rise in demand for construction related materials such as steel or timber. Demand in this segment remains at historically low levels.

Outlook: The outlook for the remainder of the year appears to suggest slightly improved conditions in both import and export volumes. This is as a result of a modest pick up in seasonal trade observed during October and early November. Nonetheless, market demand conditions going forward into 2013 remain challenging. The Euro-zone officially entered into its second recession since 2009 during the third quarter this year, while continued uncertainty regarding Greece and some other member states still remains.

Globally, much focus has been on the slowdown in the Chinese and other Asian economies. The Irish growth forecast has also been revised downwards for 2013. Sentiment amongst major shipping lines and shipowners remains low. Many shipowners have to deal with a large over supply of shipping capacity in almost all sectors along with weak underlying trade demand, increased operating costs and record low charter markets.

Published in Ports & Shipping

#PORTS & SHIPPING – After the first three months of 2012 Drogheda Port Company reported figures well above average in the port sector with throughput growth posting an impressive 59% increase on the corresponding period of last year.

Over 228,000 tonnes of cargo was handled by the Co. Louth port and for the first time the balance of trade in the port equalised with 50% of the volume represented by imports and 50% of the volume represented by exports.

The volume growth at the port is very much export led with a number of indigenous industries focusing on the European and UK markets as outlets for their products.

As previously reported on Afloat.ie a new tonnage record was set in January when the Arklow Bridge (2011/4,723grt) carrying 7,175 tonnes of maize representing the largest ever single cargo handled in the port.

Mr Paul Fleming, Drogheda Port Chief Executive said "Drogheda Port continues to provide a strategic import/export location for our customers with a service more flexible and cost competitive than other larger ports. This is helping us to win new contracts and grow our business".

He added: "The ports performance demonstrates the economy is rebalancing towards exports at a time when our economic recovery is very much dependent on being driven by our exporting firms."

The outlook for the Irish port sector for 2012 looks likely to be testing for the domestic port and shipping sectors and according to the port they project to continue above average volume increases for the year.

In May the port can look forward to hosting its first cruise call by the Clipper Adventurer (1975/4,367grt) as previously reported. The vessel will be undertaking its inaugural circumnavigation of the island of Ireland visiting a number of destinations including Drogheda and the Boyne Valley.

Published in Ports & Shipping

About The Middle Sea Race

The Rolex Middle Sea Race is a highly rated offshore classic, often mentioned in the same breath as the Rolex Fastnet, The Rolex Sydney–Hobart and Newport-Bermuda as a 'must do' race. The Royal Malta Yacht Club and the Royal Ocean Racing Club co-founded the race in 1968 and 2007 was the 28th Edition. Save for a break between 1984 and 1995 the event has been run annually attracting 25–30 yachts. In recent years, the number of entries has rissen sharply to 68 boats thanks to a new Organising Committee who managed to bring Rolex on board as title sponsor for the Middle Sea Race.

The race is a true challenge to skippers and crews who have to be at their very best to cope with the often changeable and demanding conditions. Equally, the race is blessed with unsurpassed scenery with its course, taking competitors close to a number of islands, which form marks of the course. Ted Turner described the MSR as "the most beautiful race course in the world".

Apart from Turner, famous competitors have included Eric Tabarly, Cino Ricci, Herbert von Karajan, Jim Dolan, Sir Chay Blyth and Sir Francis Chichester (fresh from his round the world adventure). High profile boats from the world's top designers take part, most in pursuit of line honours and the record – competing yachts include the extreme Open 60s, Riviera di Rimini and Shining; the maxis, Mistress Quickly, Zephyrus IV and Sagamore; and the pocket rockets such as the 41-foot J-125 Strait Dealer and the DK46, Fidessa Fastwave.

In 2006, Mike Sanderson and Seb Josse on board ABN Amro, winner of the Volvo Ocean Race, the super Maxis; Alfa Romeo and Maximus and the 2006 Rolex Middle Sea Race overall winner, Hasso Platner on board his MaxZ86, Morning Glory.

George David on board Rambler (ex-Alfa Romeo) managed a new course record in 2007 and in 2008, Thierry Bouchard on Spirit of Ad Hoc won the Rolex Middle Sea Race on board a Beneteau 40.7

The largest number of entries was 78 established in 2008.

Middle Sea Race History

IN THE BEGINNING

The Middle Sea Race was conceived as the result of sporting rivalry between great friends, Paul and John Ripard and an Englishman residing in Malta called Jimmy White, all members of the Royal Malta Yacht Club. In the early fifties, it was mainly British servicemen stationed in Malta who competitively raced. Even the boats had a military connection, since they were old German training boats captured by the British during the war. At the time, the RMYC only had a few Maltese members, amongst who were Paul and John Ripard.

So it was in the early sixties that Paul and Jimmy, together with a mutual friend, Alan Green (later to become the Race Director of the Royal Ocean Racing Club), set out to map a course designed to offer an exciting race in different conditions to those prevailing in Maltese coastal waters. They also decided the course would be slightly longer than the RORC's longest race, the Fastnet. The resulting course is the same as used today.

Ted Turner, CEO of Turner Communications (CNN) has written that the Middle Sea Race "must be the most beautiful race course in the world. What other event has an active volcano as a mark of the course?"

In all of its editions since it was first run in 1968 – won by Paul Ripard's brother John, the Rolex Middle Sea Race has attracted many prestigious names in yachting. Some of these have gone on to greater things in life and have actually left their imprint on the world at large. Amongst these one finds the late Raul Gardini who won line honours in 1979 on Rumegal, and who spearheaded the 1992 Italian Challenge for the America's Cup with Moro di Venezia.

Another former line honours winner (1971) who has passed away since was Frenchman Eric Tabarly winner of round the world and transatlantic races on Penduik. Before his death, he was in Malta again for the novel Around Europe Open UAP Race involving monohulls, catamarans and trimarans. The guest list for the Middle Sea Race has included VIP's of the likes of Sir Francis Chichester, who in 1966 was the first man to sail around the world single-handedly, making only one stop.

The list of top yachting names includes many Italians. It is, after all a premier race around their largest island. These include Navy Admiral Tino Straulino, Olympic gold medallist in the star class and Cino Ricci, well known yachting TV commentator. And it is also an Italian who in 1999 finally beat the course record set by Mistress Quickly in 1978. Top racing skipper Andrea Scarabelli beat it so resoundingly, he knocked off over six hours from the time that had stood unbeaten for 20 years.

World famous round the world race winners with a Middle Sea Race connection include yachting journalist Sir Robin Knox-Johnston and Les Williams, both from the UK.

The Maxi Class has long had a long and loving relationship with the Middle Sea Race. Right from the early days personalities such as Germany's Herbert Von Karajan, famous orchestra conductor and artistic director of the Berliner Philarmoniker, competing with his maxi Helisara IV. Later came Marvin Greene Jr, CEO of Reeves Communications Corporation and owner of the well known Nirvana (line honours in 1982) and Jim Dolan, CEO of Cablevision, whose Sagamore was back in 1999 to try and emulate the line honours she won in 1997.

THE COURSE RECORD

The course record was held by the San Francisco based, Robert McNeil on board his Maxi Turbo Sled Zephyrus IV when in 2000, he smashed the Course record which now stands at 64 hrs 49 mins 57 secs. Zephyrus IV is a Rechiel-Pugh design. In recent years, various maxis such as Alfa Romeo, Nokia, Maximus and Morning Glory have all tried to break this course record, but the wind Gods have never played along. Even the VOR winner, ABN AMro tried, but all failed in 2006.

However, George David came along on board Rambler in 2007 and demolished the course record established by Zephyrus IV in 2000. This now stands at 1 day, 23 hours, 55 minutes and 3 seconds.

At A Glance - Middle Sea Race 2024

First held: 1968

Organising Authority: Royal Malta Yacht Club

Start

The 45th Rolex Middle Sea Race will start on Saturday, 19 October 2024.

Grand Harbour, Valletta: seven separate starts, at 10-minute intervals, from 11:00 CEST Saturday, 21 October 2024

Start Line: between the Saluting Battery, Upper Barrakka Gardens (Valletta) and Fort St Angelo (Birgu)

Various vantage points all around the Grand Harbour, high up on the bastions or at water level. Harbour access for spectator boats is restricted during the period of the start.

Course

Set in the heart of the Mediterranean and is considered one of the most beautiful in the world. It starts and finishes in Malta, passes two active volcanoes and takes in the deep azure waters surrounding Sicily, and the Aeolian and Egadi Islands, as well as lonelier outposts of Pantelleria and Lampedusa, both closer to the African continent than Europe.

Length: 606 nautical miles (1,122km)

Outright Race Record: 33h 29m 28s, Argo, United States, Jason Carroll

Monohull Race Record: 40h 17m 50s, Comanche, Cayman Is, Mitch Booth

Main Trophies

Rolex Middle Sea Race Trophy – overall race winner under IRC Time Correction

Boccale de Mediterraneo – winner of ORC category

RLR Trophy – winner of monohull line honours

Captain Morgan Trophy – winner of multihull division on corrected time (MOCRA)

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