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#SHIPPING - The transfer of cargo from the damaged oil tanker sheltering at the entrance to Belfast Lough has been posponed for at least two more days.

As previously reported on Afloat.ie, the 228-metre Germar Companion - which is carrying 54,000 tonnes of vacuum gas oil - was redirected to Belfast after reporting a cracked hull en route from Rotterdam to New York.

The merchant vessel has been sheltering off the Copeland Islands since 16 December, where an official examination recommended removal of the cargo.

Today (31 December 2011) had been the scheduled start date for the move of the tanker's hazardous cargo by ship-to-ship tranfer. But the move has been delayed as the second ship, the BW Seine, is still en route to Belfast Lough.

"It is currently in the North Sea and could take another two days before it reaches the vessel and starts to transfer the cargo," a coastguard spokesperson told the Belfast Telegraph.

The transfer will be managed by specialist company Fendercare Marine in the lough, and could take between 24 and 36 hours. Once finished, the Germar Companion will sail into Belfast for repairs.

Published in Ports & Shipping

As an island economy, a healthy maritime sector is key to our national competitiveness. Virtually all our imports and exports pass through Irish ports.

Ireland is dependent on ports and shipping services to transport goods and 90% of our trade is moved though Irish ports. Shipping and maritime transport services make a significant contribution to Ireland’s ocean economy, with the sector generating €2.3 billion in turnover and employing over 5,000 people in 2018.

Ireland’s maritime industry continues to grow and progress each year with Irish ports and shipping companies making significant investments. The ports sector in Ireland is currently undergoing a number of expansions and developments with Dublin Port’s Alexandra Basin development, the development of Ringaskiddy in Cork by Port of Cork and the development of Shannon Foynes Port. Along with these major investments, shipping companies are also investing heavily in new tonnage, with Irish Ferries, CLdN and Stena leading new build programmes.

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A recent study carried out for the Irish Ports Association (IPA) totalled 75.7 billion during 2004 and their net economic impact was some 5.5 billion supporting around 57, 500 full time employees.

Liam Lacey, Director of the Marine Institute’s Irish Maritime Development Office (IMDO) said, “The Irish maritime industry can look to the future with confidence. It has shown itself to be resilient and agile in responding to challenges. Over the past decade, it has had to respond to the challenges of the financial crisis of 2008, the uncertainty surrounding Brexit and recent challenges. Ireland’s maritime sector has continued to underpin our economy by maintaining vital shipping links for both trade and tourism.”