Irish shipping volumes rise by 1% during 2Q17
Published by Louise Mulhall,
Editorial Assistant
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/
You might also like
Port of Ghent boosts bulk handling with a Generation 6 Konecranes Gottwald Mobile Harbour Crane
Euroports Group is set to strengthen its bulk handling capacity at North Sea Port (Ghent) with the addition of a state-of-the-art Generation 6 Konecranes Gottwald ESP.7B Mobile Harbor Crane.