Displaying items by tag: Irish shipping sector

7th June 2013

Irish Based International Shipping & Leasing Sector Remained Steady in 2012

#IrishShippingSector – Irish based shipping companies in 2012 experienced a challenging year with operations in both the domestic and international shipping markets, according to the Irish Maritime Development Office (IMDO).

Against this turbulent backdrop, the number of vessels being owned, controlled, managed and operated from Ireland remained steady at 340 vessels last year. The IMDO estimate that employment at these firms increased by 5% last year.

A key element in the overall stability of this segment of the Irish maritime sector has been the constant presence of the Irish Tonnage Tax regime which was the introduced in 2002.

Since the scheme began the IMDO has seen a reversal of a previous decline in the indigenous ship owning sector which has been followed by a steady growth and investment programme.

The scheme has gone from approximately 40 vessels to just over 300 vessels, owned, managed and operated by companies located in Ireland.

Latest data indicates that over 56% of the fleet is made up of dry bulk carriers, 21% tanker and 12% container with other Ro/Ro and other specialised vessels making up the remainder of the fleet.

The age profile of the fleet indicates that it is also a modern fleet with 70% of the vessels less than 10 years old and more than 52% under five years.

The industry's growth in Ireland has been driven both by established Irish shipping companies and also by foreign inward investment by overseas firms.

The Tonnage tax has made a positive economic contribution to Ireland and to the shipowning sector in Ireland. It has resulted in the creation of new jobs and investment opportunities for over 600 people and continues to grow.

The IMDO estimate that over €3 billion of shipping assets are managed and controlled from Ireland with more than 100 new direct jobs being created over the last three years alone.

In The Irish Times (dated 24 May) Top 1000 companies in Ireland this included a top 100 transport related companies.

The IMDO analysis indicates that 29 companies listed are engaged in shipping, ports and maritime logistics that had a combined turnover of €4.5bn employing 4700 people. Six Irish Shipping and leasing firms made the top 1000 companies last year.

Published in Ports & Shipping

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14th February 2013

Shipping Scene Highlights Busy Port of Drogheda

#BusyPort – Within the last 48 hours, Drogheda Port will have had nine cargoships that have either docked or lay at anchor, writes Jehan Ashmore.

The busy shipping scene is just a snapshot taken so far in early 2013 and follows the ports handling of more than 1m tonnes of cargo last year.

Export volumes and product types continue to increase as Irish companies seek to export and rely less on the home market. A number of specialist machine and metal fabrication products have recently been shipped from the port.

These nine cargoships have sailed across the Bay of Biscay and as far as the Baltic Sea and carrying a diverse range of imports and exports as outlined below.

Merle which arrived from Passajes, northern Spain with steel, Sergey Kuznetsov, a Russian flagged vessel berthed with bulk-cargo and Amazon Diep laden with timber.

A further three vessels, each loaded with bulk-cargos are the Sagabank, having sailed from Hamburg, Wilson Reef, owned by Norwegian owners and sailed from Rotterdam, while Nephrite had come from further afield having departed Klipeda in Lithuania.

The remaining trio of vessels all with export cargoes are Richelieu, which sailed from Liverpool to load machinery, Arklow Ruler, having transitted the Manchester ship canal, to load bulk cargo and Hohe Bank from Ayr to load fabricated units.

As demonstrated the shipping industry sector involves many ports, varying routes distances and variety of cargoes, not to mention the national backround of the ships themselves.

Published in Drogheda Port

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24th November 2011

Port & Shipping Volumes Continue Slowdown in 3rd Quarter

#PORTS & SHIPPING- The volume of shipping and port traffic through the Republic of Ireland continued to decline during the third quarter of 2011, according to the latest analysis of traffic figures released by the Irish Maritime Development Office (IMDO).

Results from third quarter data indicate that only 1 of the 5 principal freight segments had any growth over the third quarter, while all other segments declined compared to the same period last year as outlined below in the key third quarter data:-

• Lift-on/Lift-off (lo/lo) trades were down 5%

• Roll-on/Roll-off export traffic was down by 2%

• Dry bulk volumes increased by 2%

• Break bulk volumes were down by 3%

• The Tanker/Liquid bulk market was down 7%.

For a more in-depth analysis of each freight-transport mode issued by the IMDO and accompanied by graphic charts click HERE. In addition to compare the 3rd quarter figures with the previous 2nd quater for this year click HERE.

Published in Ports & Shipping

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1st September 2011

Rosslare Europort to Host Irish Ports Conference

This year's Irish Ports Conference is to be hosted by Rosslare Europort on behalf of the Irish Port Association (IPA) and is to take place in Wexford on 30th September.

In recent years the conference has established itself as the definitive gathering for the Irish ports industry and includes both the unitised and bulk-sector interests.

The event is the only one of its kind in Ireland this year where senior representatives from short-sea users, carriers, ports, logistics providers and the whole range of service providers meet to debate the topical issues of the day.

In addition the full-day conference provides those to network and explore further business opportunities and will culminate with the IPA's conference banquet.

The south-eastern ferry-port is to host delegates in the Ferrycarrig Hotel, just outside Wexford. For further information on booking and a (PDF) programme of the day visit the Rosslare Europort website by clicking HERE

Published in Rosslare Europort

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Volvo Dun Laoghaire Regatta

From the Baily lighthouse to Dalkey island, the bay accommodates six separate courses for 21 different classes racing every two years for the Dun Laoghaire Regatta.

In assembling its record-breaking armada, Volvo Dun Laoghaire regatta (VDLR) became, at its second staging, not only the country's biggest sailing event, with 3,500 sailors competing, but also one of Ireland's largest participant sporting events.

One of the reasons for this, ironically, is that competitors across Europe have become jaded by well-worn venue claims attempting to replicate Cowes and Cork Week.'Never mind the quality, feel the width' has been a criticism of modern-day regattas where organisers mistakenly focus on being the biggest to be the best. Dun Laoghaire, with its local fleet of 300 boats, never set out to be the biggest. Its priority focussed instead on quality racing even after it got off to a spectacularly wrong start when the event was becalmed for four days at its first attempt.

The idea to rekindle a combined Dublin bay event resurfaced after an absence of almost 40 years, mostly because of the persistence of a passionate race officer Brian Craig who believed that Dun Laoghaire could become the Cowes of the Irish Sea if the town and the local clubs worked together. Although fickle winds conspired against him in 2005, the support of all four Dun Laoghaire waterfront yacht clubs since then (made up of Dun Laoghaire Motor YC, National YC, Royal Irish YC and Royal St GYC), in association with the two racing clubs of Dublin Bay SC and Royal Alfred YC, gave him the momentum to carry on.

There is no doubt that sailors have also responded with their support from all four coasts. Running for four days, the regatta is (after the large mini-marathons) the single most significant participant sports event in the country, requiring the services of 280 volunteers on and off the water, as well as top international race officers and an international jury, to resolve racing disputes representing five countries. A flotilla of 25 boats regularly races from the Royal Dee near Liverpool to Dublin for the Lyver Trophy to coincide with the event. The race also doubles as a RORC qualifying race for the Fastnet.

Sailors from the Ribble, Mersey, the Menai Straits, Anglesey, Cardigan Bay and the Isle of Man have to travel three times the distance to the Solent as they do to Dublin Bay. This, claims Craig, is one of the major selling points of the Irish event and explains the range of entries from marinas as far away as Yorkshire's Whitby YC and the Isle of Wight.

No other regatta in the Irish Sea area can claim to have such a reach. Dublin Bay Weeks such as this petered out in the 1960s, and it has taken almost four decades for the waterfront clubs to come together to produce a spectacle on and off the water to rival Cowes."The fact that we are getting such numbers means it is inevitable that it is compared with Cowes," said Craig. However, there the comparison ends."We're doing our own thing here. Dun Laoghaire is unique, and we are making an extraordinary effort to welcome visitors from abroad," he added. The busiest shipping lane in the country – across the bay to Dublin port – closes temporarily to facilitate the regatta and the placing of six separate courses each day.

A fleet total of this size represents something of an unknown quantity on the bay as it is more than double the size of any other regatta ever held there.

Volvo Dun Laoghaire Regatta FAQs

What is Dun Laoghaire Regatta?

Dun Laoghaire Regatta is Ireland's biggest sailing event. It is held every second Summer at Dun Laoghaire Harbour on Dublin Bay.

When is Dun Laoghaire Regatta?

Dun Laoghaire Regatta is held every two years, typically in the first weekend of July.

Where is Dun Laoghaire Regatta held?

As its name suggests, the event is based at Dun Laoghaire Harbour. Racing is held on Dublin Bay over as many as six different courses with a coastal route that extends out into the Irish Sea. Ashore, the festivities are held across the town but mostly in the four organising yacht clubs.

How big is Dun Laoghaire Regatta?

Dun Laoghaire Regatta is the largest sailing regatta in Ireland and on the Irish Sea and the second largest in the British Isles. It has a fleet of 500 competing boats and up to 3,000 sailors. Scotland's biggest regatta on the Clyde is less than half the size of the Dun Laoghaire event. After the Dublin city marathon, the regatta is one of the most significant single participant sporting events in the country in terms of Irish sporting events.

How old is Dun Laoghaire Regatta?

The modern Dublin Bay Regatta began in 2005, but it owes its roots to earlier combined Dublin Bay Regattas of the 1960s.

How many boats compete at Dun Laoghaire Regatta?

Up to 500 boats regularly compete.

How many yacht clubs are represented at Dun Laoghaire Regatta?

Up to 70 different yacht clubs are represented.

Where do the yachts come from to compete at Dun Laoghaire Regatta?

The Channel Islands, Isle of Man, England, Scotland, Wales, Northern Ireland, Ireland countrywide, and Dublin clubs.

How many boats are visiting boats at Dun Laoghaire Regatta?

Nearly half the sailors, over 1,000, travel to participate from outside of Dun Laoghaire and from overseas to race and socialise in Dun Laoghaire.

What type of yachts race in Volvo Dun Laoghaire Regatta?

21 different classes are competing at Dun Laoghaire Regatta. As well as four IRC Divisions from 50-footers down to 20-foot day boats and White Sails, there are also extensive one-design keelboat and dinghy fleets to include all the fleets that regularly race on the Bay such as Beneteau 31.7s, Ruffian 23s, Sigma 33s as well as Flying Fifteens, Laser SB20s plus some visiting fleets such as the RS Elites from Belfast Lough to name by one.

What famous sailors race in Dun Laoghaire Regatta?

Some sailing household names are regular competitors at the biennial Dun Laoghaire event including Dun Laoghaire Olympic silver medalist, Annalise Murphy. International sailing stars are competing too such as Mike McIntyre, a British Olympic Gold medalist and a raft of World and European class champions.

How much does it cost to enter Dun Laoghaire Regatta?

There are different entry fees for different size boats. A 40-foot yacht will pay up to €550, but a 14-foot dinghy such as Laser will pay €95. Full entry fee details are contained in the Regatta Notice of Race document.

Where can spectators view Dun Laoghaire Regatta?

Spectators can see the boats racing on six courses from any vantage point on the southern shore of Dublin Bay. As well as from the Harbour walls itself, it is also possible to see the boats from Sandycove, Dalkey and Killiney, especially when the boats compete over inshore coastal courses or have in-harbour finishes.

How does Dun Laoghaire regatta compare to international regattas?

Very favourably. It is often compared to Cowes, Britain's biggest regatta on the Isle of Wight that has 1,000 entries. However, sailors based in the north of England have to travel three times the distance to get to Cowes as they do to Dun Laoghaire.

Why is Dun Laoghaire Regatta so unique?

Dun Laoghaire Regatta is unique because of its compact site offering four different yacht clubs within the harbour and the race tracks' proximity, just a five-minute sail from shore. International sailors also speak of its international travel connections and being so close to Dublin city. The regatta also prides itself on balancing excellent competition with good fun ashore.

Who organises Dun Laoghaire Regatta?

The Organising Authority (OA) of Volvo Dun Laoghaire Regatta is Dublin Bay Regattas Ltd, a not-for-profit company, beneficially owned by Dun Laoghaire Motor Yacht Club (DMYC), National Yacht Club (NYC), Royal Irish Yacht Club (RIYC) and Royal St George Yacht Club (RSGYC).

What does Dun Laoghaire Regatta contribute to the local economy?

The Irish Marine Federation launched a case study on the 2009 Volvo Dun Laoghaire Regatta's socio-economic significance. Over four days, the study (carried out by Irish Sea Marine Leisure Knowledge Network) found the event was worth nearly €3million to the local economy over the four days of the event. Typically the Royal Marine Hotel and Haddington Hotel and other local providers are fully booked for the event.