Headlines
Shortsea 12, The European Shortsea Convention Agenda Published

National Developments
Newbuilds Expand Arklow Shipping Fleet

Mainport to expand fleet and crew

Fastnet Shipping Limited's Fastnet Skua

Irish government bonds stable

International Developments
State aid to maritime transport consultation

Marco Polo Programme June 2012 Dates

Shipping to compete for diesel fuel

UK government advisers urge international regime on CO2

Iron ore demand set to double

UK-Ireland Ferry rail links improve

Shipping Markets
Container Market

Tanker Market

Dry Bulk Market

Bunker / Oil Prices
Useful Links
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Irish Maritime Transport Economist Volume 9



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Headlines


Shortsea 12, The European Shortsea Convention Agenda Published
by The Irish Maritime Development Office

 
Shortsea 12 The European Convention

The IMDO and Coastlink will jointly host Shortsea 12, The European Shortsea Convention on the 24th of May 2012 at the Mansion House in Dublin, Ireland.


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National Developments


Newbuilds Expand Arklow Shipping Fleet
by Afloat Magazine

 
Arklow Shipping
Ireland's largest Shipowner expands fleet to 44 vessels

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Mainport to expand fleet and crew
by The Irish Times

 
The Mainport Group
Marine Services firm Mainport is investing $36 million (€27.6 million) to build three supply vessels and have recently announced a recruitment drive.

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Fastnet Shipping Limited's Fastnet Skua
by Fastnet Shipping Ltd

 
Fastnet Skua

Irish Marine Plant and Wind Farm Support Vessel Operator Fastnet Shipping Limited has announced a new edition to their fleet.


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Irish government bonds stable
by The Irish Independent

 
Irish government bonds
Irish government bonds have so far shrugged off the latest euro crisis

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International Developments


State aid to maritime transport consultation
by The Irish Maritime Development Office

 
Tmaritime transport consultation
The deadline for contributions for the E.U. consultation on State aid to maritime transport is May 14th 2012

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Marco Polo Programme June 2012 Dates
by The Irish Maritime Development Office

 
Marco Polo Funding

Marco Polo, has announced both the next date for a funding call and an information day in June.


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Shipping to compete for diesel fuel
by Lloyds List

 
Bunker Costs rising
Pressure on prices will increase as the maritime bunker industry competes for the same fuels as the growing automobile industry.

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UK government advisers urge international regime on CO2
by Lloyds List

 
Shipping's carbon emmissions
A group of independent climate change advisers to the UK government has said the British shipping industry’s contribution to global warming should be included in national reduction targets.

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Iron ore demand set to double
by Investors Chronicle

 
Iron Ore Exports
Global iron ore demand is set to double to some 3.5bn tonnes per year by 2030

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UK-Ireland Ferry rail links improve
by The Daily Telegraph

 
UK-Ireland Ferry rail

Arriva, a UK train company has announced plans to improve connections with ferry services from Ireland at Holyhead.


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Shipping Markets


Container Market
by The IMDO

 
Containers at port
Freight rates in the Asia to Europe container trades have seen spot rates more than
triple since late last year

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Tanker Market
by The Irish Maritime Development Office

 
Tanker Market
Tanker earnings during the past three years have declined significantly with general projections showing a continuation of this trend until the end of 2012.

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Dry Bulk Market
by The Irish Maritime Development Office

 
Dry Bulk Market
The Baltic Dry Index hit a monthly low of 703 in February meaning it was at its lowest level in 25 years.

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Bunker / Oil Prices
by The Irish Maritime Development Office

 
Bunker Rates

World oil demand growth in 2012 remains at 0.9 mb/d, as offsetting economic developments across the globe with US oil demand remaining a key uncertainty to existing demand.  


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