Search results for: imdo

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  • 27 September 2011

      The European Union is pushing more cash towards maritime projects either through project funding, or through a review of the lending… (IMDO) [mappress] Source: IMDO, September 27, 2011.

  • 3 February 2012
    Business & Finance

    The Irish Maritime Development Office (IMDO), which is incorporated within the Marine Institute, a semi State body, announces tender procedures for the supply of business development services to secure foreign direct investment into Ireland in the maritime and shipping services sector. The IMDO has a requirement to engage a Contractor for up to 150 days per […]

  • 8 September 2011

      Britian’s decision to scrap emergency towing vessel cover around the coastline is now almost certain to face legal challenge, with opponents… Lloyds List 2011 IMDO [mappress] Source: IMDO, September 8, 2011;  

  • 23 July 2014

    Demand for newbuild containerships has dwindled during the month of June, as European traffic demand began to increase, heralding a changing course in the industry.   The slowdown in growth of the orderbook, particularly amongst ultra-large vessels, marks a positive sign that improving demand could catch-up with the projected vessel supply by 2016, said Irish […]

  • 16 May 2014

    The global LNG carrier fleet surpassed the 400 vessel mark for the first time mid-April, according to a report by the Irish Maritime Development Office (IMDO). The global LNG carrier fleet has experienced a remarkable growth path since the first commercial cargo of LNG was delivered from Algeria to the UK almost 50 years ago, […]

  • 11 October 2011

      Handysize and handymax charter rates will remain stable at their current level until the end of the year, supported by a strong global … (IMDO) [mappress] Source: IMDO, October 11, 2011;

  • 20 June 2014

    Low shipbuilding prices and the North American energy boom are leading ship operators and investors to finance billions of dollars into building crude tankers, according to IMDO’s Weekly Market review. New drilling and extraction technology enabling the shale oil and gas boom has triggered plans for LNG projects, led Canada to boost crude exports and […]

  • 16 May 2014
    Business & Finance

    Global Liquid Natural Gas (LNG) carrier fleet surpassed the 400 vessel mark for the first time mid-April, according to Irish Maritime Development Office (IMDO). In its market review (week 19, 2014) IMDO said that the LNG carrier fleet has experienced a remarkable growth path since the first commercial cargo of LNG was delivered from Algeria […]

  • 23 June 2017
    Business & Finance

    Shipping and port activity in Ireland rose by 7% in the first quarter of 2017 when compared to the corresponding period of 2016, Irish Maritime Development Office (IMDO) All five of the country’s principal freight segments saw volume increases in the first quarter of 2017. Unitised traffic, which consists of roll-on/roll-off (RoRo) and lift-on/lift-off (LoLo) traffic, […]

  • 8 March 2012
    Business & Finance

    The IMDO welcomed the announcement of a new Cork based ship management company that has been launched offering a bespoke consultative service to the maritime industry. Barry Shipping was established at the end of 2011 by Owen Barry who is a Cork native who graduated from CIT in 1996 Commenting on their future strategy Owen […]

  • 2 July 2014
    Business & Finance

      Activity in the European Short Sea Bulk market remained flat to soft last week, the Irish Maritime Development Office (IMDO) said in its Shipping Market Review for the week 26, 2014 citing the latest report from H.C. Shipping & Chartering.   The report further read that the keenness amongst shipowners to keep vessels employed […]

  • 24 July 2014

    The summer lull is here to stay, at least judging on demand on the European short sea bulk market, which resumes a downward course as the activity persists on flat/soft level.   Depression of demand, coupled with an abundance of spot tonnage across all areas resulted in a rush of interest from ship owners for […]

  • 21 April 2017
    Business & Finance

    Despite challenging trading environment experienced during 2016, the total port traffic in Ireland grew by 2% driven predominantly by unitised trade, according to the Irish Maritime Development Office (IMDO). Both roll-on/roll-off (RoRo) and lift-on/lift-off (LoLo) traffic grew by 7% in 2016, reaching 1,073,403 freight units and 916,852 TEUs, respectively. The growth recorded in unitised trade, […]

  • 29 May 2014
    Business & Finance

    The idle containership fleet has edged below 2% of the overall fleet for the first time since last September. Figures from Lloyd’s List Intelligence show that total capacity of inactive vessels fell to 335,640 teu last week, standing lower than for the corresponding week over the last two years, when 2.6% of the fleet was […]

  • 19 August 2014

    Irish shipping and port activity rose by 2% in the second quarter of 2014 when compared to the corresponding period of 2013, according to the latest quarterly iShip Index published today by the Irish Maritime Development Office (IMDO). The latest analysis also indicates that four of the five principal freight segments grew in the second […]

  • 13 May 2011

    The Dublin-based international shipping company, The d’Amico Group confirmed its intentions to expand its fleet with the delivery of two new handy-size dry-bulk vessels worth around US $60 million from one of the world’s major shipbuilders, Hyundai Mipo, based in Ulsan, Korea. These two latest vessel acquisitions have been named the Cielo di Dublino and […]

  • 18 November 2014

    Container shipping volumes in Irish ports, Lo/Lo, rose by 9% in Q3, the Irish Maritime Development Office (IMDO) said in a release. Ro/Ro experienced a 6% growth and Break Bulk volumes grew by 16%. This is in contrast however to total traffic volumes through Irish ports which fell by 3% overall in Q3, when compared […]

  • 14 April 2016

    Irish ports recorded a 7% increase in total volume of traffic in 2015, with all major traffic modes delivering substantial growth, according to the Irish Maritime Development Office (IMDO). The total volume of traffic that moved through Irish ports in 2015 reached its highest level since 2008, at 977 points on the iShip Index. Although […]

  • 16 June 2014
    Business & Finance

    The volume of cargo shipped through Irish ports saw an overall increase of 3% in 2013 with three of the five principle freight segments experiencing growth, the Irish Maritime Development Office (IMDO) concluded based on the 11th Annual Irish Maritime Transport Economist publication. Director of the IMDO, Mr. Liam Lacey said, “It is clear that […]

  • 16 July 2014

    The demand for LNG ships has shot up this year with orders coming to $4.6bn, the Irish Maritime Development Office (IMDO) said in its Shipping Market Review citing Lloyd’s List.   Twenty-three contracts for the building of new LNG carriers have been signed so far this year, at a rate of almost one a week. […]

  • 11 May 2014
    Business & Finance

    UPDATE: MOL Motivator Collision Leaves an Oil Slick, 11 Crew Feared Dead An oil slick was spotted at the scene of a sunken cargo ship Zhong Xing 2, which went down yesterday morning after being hit by the MOL-operated containership MOL MOTIVATOR, southeast of Hong Kong,  according to the Hong Kong Government Flying Service. IMDO: […]

  • 6 May 2011

    There was a 10% growth in employment in the International Shipping Services sector in Ireland last year according to the Irish Maritime Development Office (IMDO). In a recent analysis of the sector the information is based from companies that have elected to join the dedicated Irish Tonnage Tax (ITT) scheme, a measure introduced in the […]