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Irish shipping volumes rise by 1% during 2Q17

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Dry Bulk,


According to the latest iShip Index published by the Irish Maritime Development Office (IMDO), shipping and port activity in the Republic of Ireland rose by 1% in the second quarter of 2017 when compared to the corresponding period of 2016.

According to the latest iShip Index[1] published by the Irish Maritime Development Office (IMDO), shipping and port activity in the Republic of Ireland rose by  1% in the second quarter of 2017 when compared to the corresponding period of 2016.

Unitised traffic, which consists of Roll-on/Roll-off (Ro/Ro) and Lift-on/Lift-off (Lo/Lo) traffic, continued to rise, growing by 3% when compared to 2Q16. 

The majority of Ro/Ro traffic moves between Ireland and Great Britain, meaning this freight segment is a simple but reliable indicator as to the level of trade between both economies. The Ro/Ro freight sector for the Republic of Ireland saw volume growth of 3% in the second quarter of 2017. This is the fifth consecutive 2Q increase in this freight category.

As for Lo/Lo (containership) traffic, Lo/Lo exports in the Republic of Ireland (ROI) rose by 7.4% compared to 2Q16, while Lo/Lo imports remained relatively unchanged – rising by 0.9%. Overall, Lo/Lo traffic in ROI increased by 3.7% to 184 673 TEU.

When reviewing unitised traffic it is worth noting that both Lo/Lo and Ro/Ro freight segments move in an all-island setting. Therefore, when Northern Irish (NI) ports are included, all-island Ro/Ro volumes grew by 2% in 2Q17. All-island Lo/Lo traffic grew by 3.5%, with all-island imports and exports rising by 1.1% and 6.6% respectively compared to 2Q16. 

NI Ro/Ro volumes grew by 2%, while NI Lo/Lo traffic grew by 2.8%. This was driven primarily by 4% growth in NI Lo/Lo exports. 

The Bulk traffic segment saw tonnage volumes decrease by 1% (excluding transhipments) in the Republic of Ireland when compared to the same period last year. This was driven primarily by a 3% fall in dry bulk tonnage. Break bulk volumes grew by 3% while liquid Bulk traffic remained stable compared to 2Q16.  

Read the article online at: https://www.drybulkmagazine.com/shipping/24082017/irish-shipping-volumes-rise-by-1-during-2q17/

 

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