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Displaying items by tag: LNG Port Alliance

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

Irish Economy: Trade Figures - The seasonally adjusted trade surplus rose to €1 billion in August as exports increased in the month, new data from the CSO showed last week. The figures indicated that exports rose by €1.26 billion, an increase of 16 per cent compared with July, to €9.1 billion. Imports, meanwhile, were €215 million higher, up 5 per cent on the previous month at almost €4.2 billion. That left the surplus at €4.92 billion for August.

LNG: Port Alliance - The largest Port in Europe, the Port of Rotterdam, and the largest Port in Scandinavia, the Port of Gothenburg, has entered in to a new alliance as noted by World Maritime News. The aim is to speed up the establishment of liquefied natural gas as a maritime fuel. A memorandum of understanding will be signed between the Port of Rotterdam and the Port of Gothenburg.

Dry Bulk Market: Tonnage oversupply - Mark Williams, Research Manager at Braemar Seascope Ltd. , has stated shipping markets are expected to keep facing issues of tonnage oversupply, despite demolition activity reaching record-breaking levels, which will continue to exert pressure on freight rates, over the coming months, as noted by Hellenic Shipping.

For more on each of the above and other stories click the downloadable PDF IMDO Weekly Markets Review (Week 41). In addition to coverage on Afloat.ie's dedicated Ports & Shipping News section.

 

Published in Ports & Shipping

The Irish Cruiser Racing Association (ICRA) Information

The creation of the Irish Cruiser Racing Association (ICRA) began in a very low key way in the autumn of 2002 with an exploratory meeting between Denis Kiely, Jim Donegan and Fintan Cairns in the Granville Hotel in Waterford, and the first conference was held in February 2003 in Kilkenny.

While numbers of cruiser-racers were large, their specific locations were widespread, but there was simply no denying the numerical strength and majority power of the Cork-Dublin axis. To get what was then a very novel concept up and running, this strength of numbers had to be acknowledged, and the first National Championship in 2003 reflected this, as it was staged in Howth.

ICRA was run by a dedicated group of volunteers each of whom brought their special talents to the organisation. Jim Donegan, the elder statesman, was so much more interested in the wellbeing of the new organisation than in personal advancement that he insisted on Fintan Cairns being the first Commodore, while the distinguished Cork sailor was more than content to be Vice Commodore.

ICRA National Championships

Initially, the highlight of the ICRA season was the National Championship, which is essentially self-limiting, as it is restricted to boats which have or would be eligible for an IRC Rating. Boats not actually rated but eligible were catered for by ICRA’s ace number-cruncher Denis Kiely, who took Ireland’s long-established native rating system ECHO to new heights, thereby providing for extra entries which brought fleet numbers at most annual national championships to comfortably above the hundred mark, particularly at the height of the boom years. 

ICRA Boat of the Year (Winners 2004-2019)