News & Events Archive 2015

Shannon Foynes Port Company recorded a 5% increase in cargo volumes and pays a first time dividend to the state in 2014

Cosco Container Lines (Coscon) is to take over the containership business of China Shipping Container Lines (CSCL) from early next year as part of the merger between the two Chinese shipping groups Cosco and China Shipping.

The decision by some carriers to postpone general rate increases on the Asia-North Europe trade from the start of December to the middle of the month has seemingly paid off, with spot market prices surging nearly threefold last week.

2015 has been a significant year for the Port of Cork Company in many ways. Trade traffic has been performing well; with over €8 million tonnes of cargo moving in and out of the port to date. The port was granted planning permission for the Ringaskiddy Port Redevelopment which was a great achievement for the Port of Cork and particularly the Munster region.

CMA CGM, a global leader in container shipping, announced a pre-conditional offer for Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company.

The latest quarterly iShip Index, published by the Irish Maritime Development Office (IMDO) shows that shipping and port activity in the Republic of Ireland rose by 12% in the third quarter of 2015 when compared with the same period in 2014.

Burke Shipping, the marine agency and logistical services company will be changing name to the Doyle Shipping Group (DSG).

Ardmore's Chippewa & Seahawk complete initial newbuilding program.

Seatruck Ferries, the Irish Sea freight specialist will add a third vessel to its growing Dublin Liverpool route.

As shipping companies are increasingly being forced to seek alternative sources of finance, is Ireland’s asset leasing hub the solution?

d’Amico International Shipping S.A., an international marine transportation company based in Dublin announce agreement for the construction and sale of two new Long Range modern product tanker vessels for a total consideration of about US$ 44.0 million each.

Shipping and port activity in the Republic of Ireland rose by 3% in the second quarter of 2015 when compared to the corresponding period of 2014, 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 quarter of 2015.

Shipping and port activity in the Republic of Ireland rose by 6% in the first quarter of 2015 when compared to the corresponding period of 2014.

Ireland’s ports and shipping services play a vitally important role as enablers of economic growth. In 2014, port volume increases of more than 2%, as measured by the iShip Index, tracking Ireland’s economic recovery.