Displaying items by tag: Weekly Shipping Market Review

20th February 2013

IMDO Shipping Review: Asia Trade Grows, Scrapping Increases

#Shipping - The latest Weekly Shipping Market Review from the Irish Marine Development Office (IMDO) reports of strong Asia trade in the container market, and a growing sense of optimism among clean product tankers.

Container trade growth is expected to rise to 6.1 per cent in 2013 driven in part by strong business in Asia, which will see some modest growth at a slower pace than elsewhere throughout the year.

Demand in the tanker market is highest among smaller vessels and those handling clean products, while the crude oil market faces "another challenging year". Profits for product tankers in the Atlantic basin are up, and the fleet is looking forward to a year of growth.

The flipside of this is that more and more ships are facing a future in the scrapyard as the dry bulk market continues to stagnate and shipowners race to cut their costs.

The complete Shipping Markets Review for week 7 is available as a PDF to read or download HERE.

Published in Ports & Shipping

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Irish Sailing

The Irish Sailing Association, also known as Irish Sailing, is the national governing body for sailing, powerboating and windsurfing in Ireland.

Founded in 1945 as the Irish Dinghy Racing Association, it became the Irish Yachting Association in 1964 and the Irish Sailing Association in 1992.

Irish Sailing is a Member National Authority (MNA) of World Sailing and a member of the Olympic Federation of Ireland.

The Association is governed by a volunteer board, elected by the member clubs. Policy Groups provide the link with members and stakeholders while advising the Board on specialist areas. There is a professional administration and performance staff, based at the headquarters in Dun Laoghaire, Co. Dublin.

Core functions include the regulation of sailing education, administering racing and selection of Irish sailors for international competition. It is the body recognised by the Olympic Federation of Ireland for nominating Irish qualified sailors to be considered for selection to represent Ireland at the Olympic Games. Irish sailors have medalled twice at the Olympics – David Wilkins and Jamie Wikinson at the 1980 games, and Annalise Murphy at the 2016 games.

The Association, through its network of clubs and centres, offers curriculum-based training in the various sailing, windsurfing and powerboating disciplines. Irish Sailing qualifications are recognised by Irish and European Authorities. Most prominent of these are the Yachtmaster and the International Certificate of Competency.

It runs the annual All-Ireland Championships (formerly the Helmsman’s Championship) for senior and junior sailors.

The Association has been led by leading lights in the sailing and business communities. These include Douglas Heard, Clayton Love Junior, John Burke and Robert Dix.

Close to 100 sailors have represented Ireland at the Olympic and Paralympic Games.

Membership of Irish Sailing is either by direct application or through membership of an affiliated organisation. The annual membership fee ranges from €75 for families, down to €20 for Seniors and Juniors.