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Displaying items by tag: Ports & Shing News

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

Container Market: SCFI rates diverge - According to figures from the Shanghai Containerised Freight Index (SCFI), spot box rates for long-haul cargoes from China are diverging. Fairplay have reported that due to sluggish demand and high capacity, Asia-Europe rates continued to decline last week. Rates to Northern Europe fell 9% to $668 per TEU, with a very notable drop of 35% to $779 per TEU for shipments to the Mediterranean.

Tanker Market: Product recovery - The opening of Saudi Arabia's new refinery on the coast of the Middle East Gulf points towards a recovery for the product tanker market, as noted by Lloyd's List. According to the International Energy Association, the 400,000 barrel per day Jubail refinery is part of an influx of new Saudi refineries, which will hugely influence global trade in refined oil products.

Dry Bulk Market: Fleet growth slows - It is forecast that the global fleet of ships that carry minerals and grains will expand at its slowest pace in a decade, according to DNB Markets. The fleet will most likely expand by 5% in 2014, slower than the 7% expansion experienced for 2013. This provides some optimism for the dry bulk fleet, as tonne-mile demand will rise by 10% in 2013 and outpace fleet growth for the first time in six years.

For more of the above visit the IMDO Weekly Markets Review (Week 21) and also on Afloat.ie's dedicated Ports & Shipping section

Published in Ports & Shipping

About Currachs

A currach is a type of boat unique to the west coasts of Ireland and Scotland. Traditionally, currachs have a wooden frame over which animal skins or hides are stretched. These days, the wooden frame is more likely to be covered in canvas, which is then painted with tar to make it waterproof.

"Naomhóg" is the name given to the type of currach which used by coastal communities in Cork and Kerry. Currachs differ from each other from region to region. Naomhógs are slightly longer than the currachs used in the West of Ireland.
 
Some believe that currachs first came to the Dingle Peninsula in the early 19th century. They say this type of boat was introduced from Clare, where currachs are known as "canoes". 

Currachs are a unique type of boat that can be found on the west coasts of Ireland and Scotland. These boats are traditionally constructed using a wooden frame over which animal skins or hides are stretched. While this practice is still observed by some, many modern currachs now feature a canvas covering which is painted with tar to make it waterproof.

In coastal communities located in the Cork and Kerry regions, a specific type of currach is used which is known as a Naomhóg. Naomhógs are slightly longer than other types of currachs used in the West of Ireland. It is believed that currachs were first introduced to the Dingle Peninsula in the early 19th century, having been brought over from Clare where they are known as "canoes".

Despite the fact that currachs have been in use for centuries, the different regions in which they are used have developed their own unique variations. As such, currachs can differ from one another significantly depending on their geographic location. Nonetheless, these boats remain an integral part of coastal communities, serving as a reminder of our shared maritime heritage.