Irish Shipping volumes up 12% during Q3 2015
The iShip Index shows that shipping & port activity in the Republic of Ireland rose by 12% in the third quarter of 2015.
The latest iShip Index published by the Irish Maritime Development Office 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. The latest analysis also indicates that all of the five principal freight segments grew during that period.
Unitised traffic, which consists of Roll-on/Roll-off (Ro/Ro) and Lift-on/Lift-off (Lo/Lo) traffic, continued to rise steadily and has now shown consistent growth for an extended period, with an average growth rate of 6% per quarter in unitised traffic since Q2 2013 as measured by the iShip Index.
The majority of Ro/Ro traffic moves between Ireland and Great Britain and this freight segment is a simple but reliable indicator of the level of trade between both economies. Encouragingly, the Ro/Ro freight sector saw volume growth of 6% in the third quarter to 254,068 units. Lo/Lo laden imports have now risen for eight consecutive quarters, reaching 96,828 teu in Q3, 2015. Lo/Lo laden exports grew 0.4% from the previous quarter to reach 68,249 teu in Q3, 2015. Overall, Lo/Lo container traffic increased 2% to 165,076 teu in the same period.
When reviewing unitised traffic, it is worth noting that both Lo/Lo and Ro/Ro freight move in an all-Island setting. Therefore, when Northern Irish ports are included, all-island Ro/Ro volume grew by 5% in Q3 2015. All Island traffic in the Lo/Lo laden sector grew 3% overall, with imports rising 3% and exports by 4% for Q3 2015.
The overall bulk traffic segment saw tonnage volumes increase by 19%, excluding transhipments, when compared to the previous year. Liquid bulk increased substantially by 31%. However, this increase was driven to a large extent by a temporary anomaly in the market in Q3 2014. Break bulk, which largely consists of imports of construction and project related commodities, increased by 6%. Break bulk has now seen ten consecutive quarterly increases. There was a 12% increase in dry bulk traffic for Q3 2015 with trade in cement and animal feed showing significant growth.
However, there is a high degree of fluctuation in traffic volume typical in the dry bulk market when viewed on a quarterly basis.
Summary of Freight Traffic Trends: Republic Of Ireland
Ardmore Chippewa & Ardmore Seahawk completes Ardmore Shipping Corp initial newbuild programme
Ardmore Shipping Corporation take delivery of two newbuilding product tankers in November 2015.
Ardmore Shipping Corporation announced that the Company took delivery of two newbuildings, the Ardmore Chippewa and Ardmore Seahawk, on November 13, 2015 and November 16, 2015 respectively.
The Ardmore Chippewa is a 25,233 deadweight tonne, Eco-design IMO 2 product and chemical tanker that was constructed at the Fukuoka Shipbuilding Co., Ltd shipyard in Nagasaki, Japan, and is the final in a series of four Fukuoka newbuildings delivered to Ardmore in 2015.
The Ardmore Seahawk is a 49,999 deadweight tonne, Eco-design IMO 2/3 product and chemical tanker and was constructed at the SPP Shipbuilding Co., Ltd Dukpo Shipyard in Korea, and is the last in a series of four SPP newbuildings delivered to Ardmore in 2015.
Upon delivery, both vessels immediately contributed to growth in earnings and cashflow by commencing their initial employment in the Ardmore fleet. Anthony Gurnee, CEO of Ardmore, commented: "We are pleased to welcome the Ardmore Chippewa and the Ardmore Seahawk to our fleet of modern, fuel-efficient MR product and chemical tankers, successfully completing our initial newbuilding program at a time when charter markets continue to demonstrate sustained strength.'
Gurnee went onto say "With our 24-vessel fleet now fully delivered and deployed primarily in the spot market, we are well positioned to realize the full potential of a strengthening winter market. I would also like to extend our sincere thanks to both Fukuoka and SPP, as well as our staff and service partners, for their hard work and commitment throughout the four-year process of building and delivering this state-of-the-art fleet."
Ardmore Shipping Corporation, operating out in Cork in Ireland owns a fleet of mid-size product and chemical tankers ranging from 17,500 to 50,300 deadweight tonnes. The company provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of tankers.
Ardmore's core strategy is to develop a modern, high-quality fleet of product and chemical tankers, build key long-term commercial relationships, maintain its cost advantage in assets, operations and overhead, while creating significant synergies and economies of scale as the Company grows. Ardmore provides its services to customers through voyage charters, commercial pools and time charters and enjoys close working relationships with key commercial and technical management partners. Ardmore views the continued development of these relationships as crucial to its long-term success.
Source: Ardmore Shipping Corporation, November 2015
Arklow Shipping's newest vessel, Arklow Vale begins career with maiden voyage
Arklow Vale, Arklow Shipping's newest addition brings the company's total fleet listing to 45 vessels.
Arklow Vale, the newest addition to Arklow Shipping's Dutch division has been handed over to her owners following builders sea trials. The newbuild departed Delfzijl, Holland on her maiden voyage to the inland port of Ghent in Belgium.
The Arklow Vale is the second of 10 newbuild 'V' class cargoships on order from Royal Bodewes yard in the Netherlands and joins the Arklow Shipping Nederland B.V. fleet. The newbuild follows the lead ship Arklow View to a design of the Bodewes 5,100dwt Trader Series, each vessel has a total hold capacity of 6258m3 / 221,000ft3.
The Arklow Vale which is 89m in length overall and 5158 dwt completed her sea trials off Eemshaven on the Wadden Sea. In order for sea trials to take place the Arklow Vale was towed from the the inland building yard of Royal Bodewes in Hoogezand outside Groningen and along connecting canals to Delfzijl. From there the Rotterdam registered newbuild entered the River Eems estuary on the Dutch-German border.
The distinctive bow of Arklow Vale is by Groot Ship Design where a straight-stem bow form slices the waves coupled by an upper slope to deflect wave resistance, the design is to reduce on energy costs. A main engine consisting of a MaK 6M25 1740 kW with Siemens Gearbox and Berg controllable pitch propeller provides a speed of around 14.5 knots. The addition of the Arklow Vale brings Arklow Shipping total fleet listing to 45 vessels.
To see the launch of the Arklow Vale, click on this link.
Source: www.afloat.ie November 2015
ICG wins Maritime Services Company at the 2015 Irish Exporters Awards
ICG has been named winner of the 2015 Maritime Services Company category at the annual Irish Exporters Awards.
Irish Continental Group was the winner of the Maritime Services Company of the Year sponsored by the Irish Maritime Development Office at the 2015 Irish Exporters Awards recently. Nominees for the category included FDS, Dublin, Container & Terminal Division, Dublin and IWT, Dublin.
The Irish Exporters Association’s Export Industry Awards is in its 15th year and the premier event for recognising the achievements of Irish exporters. This years event was supported by a number of corporate and industry sponsors including Etihad, HSBC, Guaranteed Irish, Kuehne+Nagel, Rosslare Europort, Enterprise Ireland, Bord Bia, LEO’s, Cloud 9, Tipperary Crystal and The Irish Times.
In other transport categories, the Logistics Company of the Year sponsored by Rosslare Europort, GEODIS Ireland, was the ultimate winner, nominees shortlisted in the category were Damco Logistics Ireland Limited, DHL Express, Kuehne + Nagel, and McArdle Skeath.
The annual awards are paramount for highlighting Irish exporters who have excelled in their sector and to highlight those companies who have been fundamental to Ireland’s international trade success. The awards are organised by the Irish Exporters Association to recognise the remarkable achievements of companies working in the export industry.
Mr. Declan Freeman, Managing Director of Eucon being presented with the 2015 Maritime Services Company of the Year by Mr. Liam Lacey, Director, IMDO
Port of Waterford announces Frank Ronan as new CEO
Port of Waterford has announced the appointment of Mr. Frank Ronan as Chief Executive of the Port.
The Port of Waterford has announced the appointment of Mr. Frank Ronan as CEO replacing Mr. Stan McIlvenny who is retiring after 12 years as Chief Executive of the port.
A strategy development manager with Glanbia Ingredients, Frank Ronan was managing director of Wexford Creamery for nine years. A chartered accountant, Mr Ronan also spent 13 years as finance director with the Stafford Group.
Chairman of the Port of Waterford Company, Des Whelan, said “Frank Ronan will bring a wealth of relevant business leadership and experience to the role. The board look forward to working with him and the entire Port of Waterford team to ensure that the port capitalises fully on the economic recovery that’s now underway. There are tremendous opportunities to grow and diversify the Port’s business and Frank will lead the team in achieving that.” Des Whelan went on to say that the board was “very pleased” with the caliber of applicants when the position was advertised earlier this year. “Frank is the ideal candidate to build on the work done by Stan McIlvenny and to take the port forward as a key export and import gateway for the southeast region and Ireland more widely.”
The chairman also hailed Stan McIlvenny’s contribution as Chief Executive since July of 2003. “The reorganisation that he led and his astute management of the Port through the economic downturn leave the company well-positioned for growth.”
Source: The Irish Times, November 2015
ICG commit €24.2 million to the acquisition of four containerships
It has been reported that ICG has entered into agreements to aquire four lo-lo container vessels with an estimated total value of €24.2 million.
Irish Continental Group (ICG) has entered into agreements for the purchase of four lo-lo container vessels for a reported total value of €24.2 million. The ships will be added to the group’s container shipping division Eucon.
The three vessels of the quartet are the MV Elbfeeder (2008), MV Elbtrader (2008) and MV Elbcarrier (2007). They each have a capacity for 980TEU (twenty foot equivalent) and a gross tonnage of 8,246 tons. Collectively, the acquisition of the vessels will expand Eucon’s box capacity by 2940 TEU.
It has been reported that the vessels are currently in operation as part of the company’s container service on routes between Belfast, Dublin, Cork and Rotterdam and Antwerp. In addition, the fourth vessel in the acquisition deal, the MV Jork Ranger (2005) which has a capacity for 803 TEU and a gross tonnage of 7,852 tons.
The MV Elbfeeder, MV Elbtrader and MV Elbcarrier have all been acquired from their respective KG companies. The MV Jork Ranger has been purchased from Bernd Becker GmbH & Co KG. Under the terms of the purchase agreements title to the MV Elbfeeder, MV Elbtrader and MV Elbcarrier will transfer to ICG on delivery of those vessels which is expected in December. Title to the MV Jork Ranger was transferred to ICG on delivery of that vessel. The purchase consideration is payable in cash on completion. The vessels will be offered to the market on a charter basis.
Source: www.afloat.ie November 2015
€7.6 billion of European Investment to Support Key Transport Projects
A second call for proposals of the EC's Connecting Europe Facility €7.6 billion investment programme is being launched with €1.09 billion ring-fenced for maritime transport.
The European Commission is launching the second call for proposals of the Connecting Europe Facility, with more than €7.6 billion of investment to finance transport projects.
The Commission is taking further action to stimulate investment in Europe by launching the second call for proposals of the Connecting Europe Facility (CEF) endowed with more than €7.6 billion to finance key transport projects. €6.5 billion is earmarked for projects in Member States eligible to the EU Cohesion Fund in order to better integrate these countries into the internal market. Along with the Investment Plan and in particular the new European Fund for Strategic Investments (EFSI), the CEF aims at bridging the investment gap in Europe to kick-start growth, a priority of President Jean-Claude Juncker.
EU Commissioner for Transport Violeta Bulc added, "Efficient, intelligent and sustainable transportation is essential to Europe's competitiveness. With this new CEF call, the commission are are not only looking for waterway or rail projects; we are aiming at creating jobs and boosting growth. The focus on the Cohesion states also reflects our willingness to better interconnect Europe and move towards a deeper internal market, another priority of the Commission."
This year's call for proposal has a special focus on innovative transport. Under the general envelope, a €1.09 billion fund is available to all 28 Member States. This fund has been committed to projects including Motorways of the Sea, transport infrastructure in nodes of the core network and the development of multimodal logistics platforms. Support will be granted on a competitive basis in the form of EU co-financing, following a thorough evaluation and selection process. Applicants have until 16 February 2016 to submit their proposals. The outcome of the calls will be published by summer 2016.
Under the Connecting Europe Facility (CEF), €24.05 billion will be made available from the EU’s 2014-2020 budget to co-fund TEN-T projects in the EU Member States. Of this amount, €11.305 billion are earmarked for projects in Member States eligible to the Cohesion Fund.
For more information log onto the multi-annual work programme as outlined on the IMEA web portal: https://ec.europa.eu/inea/connecting-europe-facility/cef-transport/apply-funding/2015-cef-transport-calls-proposals
Source: European Commission Press Office
NOL confirms talks with CMA CGM and Maersk
Neptune Orient Lines Ltd is in “preliminary discussions” with CMA CGM & A.P. Moeller-Maersk regarding a possible sale.
Singapore’s Neptune Orient Lines Limited has confirmed the company is in “preliminary discussions” with both CMA CGM and A.P. Moeller-Maersk separately about a sale of the business to either of the European shipping giants.
Reports emerged that CMA CGM was carrying out due diligence with a view to taking over the Singapore line, which major shareholder Temasek put up for sale earlier this year. Maersk was also thought to be in discussion, but not at such an advanced stage.
NOL stated in a release issued to the Singapore Stock Exchange that the company has a duty to assess all options to maximise shareholder value and improve its competitiveness. The statement went on to say that NOL had a duty to assess all options to maximise shareholder value and improve its competitiveness. NOL stated that there is no assurance that discussions will result in a definite sale or an offer made, but it remains no secret that Temasek has been keen to offload the struggling carrier.
According to recent reports in Bloomberg, CMA CGM has made a preliminary offer for NOL, citing “people with the knowledge” of the talks. It reported that that Marseille-based CMA CGM was now conducting due diligence, though it had not been granted exclusivity.
Maersk is also in talks about the potential acquisition of Neptune Orient, although the discussions are reportedly less advanced. Speculation about the future of NOL and its principal operating brand, APL, has been building since the group sold its logistics arm APL Logistics earlier this year to Kintetsu World Express. Following speculation last week, shares in NOL gained 6.6% in Singapore trading on Friday, while Maersk shares rose 2.4% at the close in Copenhagen.
Bloomberg said that acquiring Neptune Orient would help consolidate CMA CGM’s ‘number 3’ position in container shipping as it competes with market leaders Maersk and Mediterranean Shipping Co. Neptune Orient’s APL container unit has a 2.7% market share, while CMA CGM controls 8.9% of the market, according to data from industry consultant Alphaliner.
Hapag-Lloyd also considered teaming up with NOL, and analysts earlier this year also suggested a possible merger of APL with Hong Kong’s OOCL, but questioned whether anyone would buy a loss-making carrier in the current market. In a bid to ease pressure on its troubled balance sheet, NOL sold APL Logistics for $1.2bn to Kintetsu World Express (KWE) earlier this year. But rumours that the largest line in Southeast Asia has discussed merging with rivals to boost its scale have continued to circulate in shipping circles. In July, the line moved to quash reports that its majority owner, Singapore state investment company Temasek, was looking to divest its controlling 65% stake in NOL.
Source: Lloyds Loading List, November 2015
Ship operating costs to rise over next two years
Cost of operating cargo ships forecast to rise over the next two years according to the latest Ship Operating Costs Annual Review.
The cost of operating cargo ships is forecast to rise over the next two years after falling in 2015, according to the latest Ship Operating Costs Annual Review and Forecast 2015/16 report published by maritime research consultancy Drewry.
The average decline in ship operating costs across the sectors covered in the report in 2015 was 1.0%, but for ships that are big consumers of lube oils, the decline in overall costs was closer to 2%. Weak freight markets have forced ship owners to trim costs, while they have also been able to take advantage of falling commodity prices and lower insurance costs.
“Operating costs are likely to rise in the future, as the scope for further cost cutting is in most cases quite limited. However, the expected increases in 2016 and 2017 are likely to be modest in nature as we anticipate only small rises in the cost of lube oils and other commodities; with a relatively weak global economy inflation is also expected to remain low,” comments Nigel Gardiner, Managing Director at Drewry Maritime Research.
Modest increases in manning costs are in the pipeline given the uplifts that have been agreed in International Transport Workers’ Federation wage scales for 2016 and 2017. If freight markets improve hull values for modern vessels will rise and this should lead to higher hull and machinery premiums, but only small rises are expected in 2016 and 2017.
“Over the past few years of low economic growth, expenditure on repairs and maintenance has for many owners been cut back and when markets improve we expect some “catching up” to take place. Hence, the expectation is that expenditure on R&M will rise faster than inflation”, concludes Gardiner. The full report is available here
Dublin Port Company Marine Pilot Recruitment Drive
The Dublin Pilotage Service division of Dublin Port Company invites applications from suitably qualified individuals for inclusion onto a panel to fulfil future vacancies.
Dublin Port Company invites applications for Marine Pilot for inclusion on a panel from which future permanent and temporary vacancies in the Dublin Pilotage Service will be filled.
Dublin Port Company invites applications for inclusion on a panel from which future permanent and temporary vacancies in the Dublin Pilotage Service will be filled.
The panel will be active for a period of two years. Applicants must be a holder of a valid STCW Level A-II/2 certificate of competency and must have extensive ship handling experience.
For further details or to apply, access the following link: http://www.dublinport.ie/news/singlenews/article/marine-pilot//2/
Contract Manager Opportunity with P&O Maritime
P&O Maritime, a diverse global company in the marine transport sector is currently seeking an experienced Contract Manager.
P&O Maritime is a diverse global company in the marine transport sector delivering innovative and sustainable solutions in partnership with our customers. With a strong focus on business growth and excellence, P&O’s operations span Australasia, South America, Europe, Middle East and Africa.
We are currently seeking an experienced Contract Manager with proven general management skills and proven service delivery to maintain the business in Ireland. P&O Maritime Services manages Ireland’s marine research vessels RV Celtic Explorer and RV Celtic Voyager for the Marine Institute based in Galway, Ireland.
Contract Manager Employment Opportunity
Reporting to the Operating Director your key accountabilities will include:
- Responsible for the overall delivery to our client, ensuring the contract requirements are achieved to the highest possible standard.
- Lead the Management team to ensure contract deliverables are achieved.
- Responsible for all aspects of operational safety corporate governance and quality.
We’re looking for an astute manager with demonstrated success in Business to Business service delivery and the following experience and qualifications:
- Extensive experience of operations at a senior level in a service industry environment.
- Solid leadership experience along with demonstrated skills in delivering on strategy, critical thinking and financial acumen are important for this role.
- Strong stakeholder and customer management ability.
- Strong computer skills with an emphasis on Microsoft Office, PowerPoint, Word, Excel, and Outlook.
Relevant tertiary qualification preferable with a technical/ Science or Marine background OR an equivalent combination of education, training and experience that would reasonably be expected to provide the job-specific competencies.
For more information or to apply, please access this link.
Masters of Commerce Scholarship in Strategic Marketing opportunity with the IMDO
A Masters of Commerce Scholarship in Strategic Marketing is on offer to postgraduate students.
The Irish Maritime Development Office in partnership with the Socio‐ Economic Marine Unit (SEMRU) unit of the National University of Ireland, Galway invite applications for a Masters of Commerce Scholarship in Strategic Marketing. The main objective of this project is to deliver a strategic marketing plan for development of the International Shipping Industry in Ireland. This project is timely and will link in to the proposed International Shipping Services Centre, a project envisaged to create a global maritime hub adjacent to the IFSC in Dublin Docklands.
The core output of the research will feed into the overall business development plan of the IMDO.
Details of the project are as follows:
Location: Irish Maritime Development Office (IMDO), Dublin 2
Project Title: Strategic Marketing Plan for the Development of the International Shipping Industry in Ireland.
Academic: Dr. Natasha Evers, Marketing/SEMRU, JE Cairnes School of Business & Economics, NUI Galway
Industry: Ms. Rebecca Wardell, Business Development Manager, Irish Maritime Development Office
Duration: Funded for 2 years Masters by Research full-time with the National University of Ireland, Galway (NUI Galway).
Project description: This position is funded by the Marine Institute under a Cullen Masters Fellowship specializing in Strategic Marketing and is for a 2 year period from January 2016 to January 2018.
Expected start date: January 4th, 2016
How to apply: Please send a supporting letter of application and a current CV, indicating your academic qualifications, research experience and the names of two referees to Dr Natasha Evers via email to Natasha.firstname.lastname@example.org or telephone 091 492788
Closing date for applications: Before 5pm, Monday 30th November 2015
Further information on Masters of Commerce Scholarship in Strategic Marketing (Two years full-time) is available on this link.
Further information on the Irish Maritime Development Office is available at www.imdo.ie
Source: IMDO, November 2015
Chief Maritime Engineer Vacancy with ARUP Ireland
ARUP require a Chief Maritime Engineer to join their Irish Maritime Engineering team.
ARUP, an independent firm of designers, planners, engineers, consultants and technical specialists offering a broad range of professional services currently have a requirement for a Chief Maritime Engineer to join our Irish Maritime Engineering team.
Based in the Dublin office, the ideal candidate will be looking to further their career and gain invaluable experience within an established multi-disciplinary engineering consultancy.
The Dublin based Maritime Engineering team is servicing all of our European offices with maritime engineering skills and works together with our worldwide maritime engineering centres in UKMEA, America’s, Far East and Australia. This is a permanent role and offers the successful candidate long-term and international opportunities.
The successful candidate will be involved in a diverse and challenging range of maritime projects. They will work closely together with the Maritime Team Leader and will be responsible for the further development of maritime skills within the team. He/she will act as final reviewer of the work of more junior engineers. The team is currently working on port and harbour designs, quay wall design, flooding, coastal, dredging and ocean energy projects.
For more information and to apply, access this link.
Opportunity to study International Trade, Transport Law & Policy
University College Cork introduce new module as part of the LLM Degree programme focused on international trade & transport law.
University College Cork will introduce a new module as part of the LLM Degree programme focused on international trade & transport law as part of the 2016 semester.
The inclusion of the new module examining the evolution of international trade and transport regulation is a significant step towards the provision of an education opportunity for individuals interested in pursuing a formal qualification in maritime transport studies in an Irish educational institution. The module is also offered as part of a Continuing Professional Development/flexi-option on a non-degree basis.
The 5 credit module International Trade and Transport Law and Policy will begin in February, 2016 and will run for 6 weeks. The course examines the international trade and transport of goods in a context of globalisation of public policy. It will focus on the legal framework of international trade and transport, both at regulatory level (WTO and Law of the Sea) and at the commercial level (conventions of uniformisation). It will also examine international trade and transport regulation in relation to wider public policy issues of security, marine environmental protection and human rights. Since 90% of the world's trade is carried by sea, the module will have a specific emphasis on the maritime aspects of international trade and transport.
On successful completion of this module, students should be able to identify the key areas of the international framework of public and private law applicable to international trade and transport; Assess the impact on international transport law of recent international policy and regulatory initiatives and connect issues of international trade and transport law with public policy areas of security, environmental protection and human rights.
As previously mentioned, there is an opportunity to take the module as part of a Continuing Professional Development/flexi-option non-degree basis. Anyone who would like to make an application to take the module should email email@example.com
For more information on the course, please log onto the UCC website and access this link: https://www.ucc.ie/modules/descriptions/LW.html#LW6590
NMCI's 2016 schedule of maritime training courses published
The 2016 schedule for professional maritime training & OPITO courses on offer in Ireland's dedicated maritime training centre now online.
The 2016 professional maritime training programme and OPITO courses schedule on offer in the National Maritime College of Ireland has been published and all courses are available to book.
The commercial maritime curriculum covers a range of maritime skills and disciplines ranging from STCW’95 courses to port handling and off-shore training
SEFtec NMCI Offshore is Ireland’s only OPITO approved training provider offering courses and skill-upgrading for individuals interested in furthering their career in the off-shore oil and gas industry. SEFtec NMCI Offshore has become a global leader in the delivery of OPITO (Offshore Petroleum Industry Training Organisation) training courses. A range of courses from BOSIET (Basic Offshore Safety Induction & Emergency Training), FOET (Further Offshore Emergency Training), MIST (Minimum Industry Safety Training), to HUET & EBS (Helicopter Underwater Escape Training with Emergency Breathing Systems) are now provided at the Ringaskiddy campus in Cork. Using the most up to date training with equipment from the world leading manufacturers, the training facility has created a centre of excellence throughout Europe. This has put SEFtec NMCI Offshore at the forefront of OPITO approved training centres globally.
The 2016 training schedules for both NMCIS courses and SEFtec NMCI Offshore has been released and is available through this link.