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Displaying items by tag: iShip Index Q1 2016

#ShippingQ12016 - Port and shipping activity in the Irish Republic rose 2% in the first quarter of 2016 when compared to the corresponding period of 2015.

The figures released are the latest quarterly iShip Index* published by the Irish Maritime Development Office (IMDO). This is the highest i-Ship the index has been in the first quarter of a given year since records began in Q1 2008.

Unitised traffic which consists of Roll-on/Roll-off (Ro/Ro) off 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 of 7% per quarter in unitised traffic since Q1 2014 as measured by the i-Ship 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 7% in the first quarter to 250,287 units. This is the fifteenth consecutive quarterly increase that Ro/Ro has experienced.

Lo/Lo imports have now risen for seven consecutive quarters, reaching 99,303 TEUs. Lo/Lo exports also grew strongly rising 5% to reach 70,551 TEUs. Overall, Lo/Lo container traffic increased by 8% to 169,854 TEUs.

When reviewing Unitised traffic it is worth noting that both Lo/Lo and Roll-on/Roll-off freight moves in an all-Island setting. Therefore when Northern Irish Ports are included, all-island Ro/Ro volume grew by 8% in Q1 2016. All Island traffic in the Lo/Lo sector grew 7% overall, with imports rising 6% and exports 9% for Q1 2016.

The overall bulk traffic segment saw tonnage volumes decrease by 2%, excluding transhipments, when compared to the previous year. This was mainly driven by a decrease in break bulk traffic of 12%; the first year on year decrease in break bulk since Q2 2013. There was a 1% fall in Dry Bulk traffic for Q1 2015, with trade in animal feed, fertiliser and coal affected the most. Liquid bulk (excluding transhipments) also fell marginally, to 2,757,733 tonnes in Q1 2016.

Note: *The iShip index is a volume index for all freight traffic moved to and from the Republic of Ireland. This does not include passengers, and transshipment activity.
Note: All freight and passenger comparisons are done on a quarterly basis (Q1 2015 v Q1 2016)

Published in Ports & Shipping

Naval Visits focuses on forthcoming courtesy visits by foreign navies from our nearest neighbours, to navies from European Union and perhaps even those navies from far-flung distant shores.

In covering these Naval Visits, the range of nationality arising from these vessels can also be broad in terms of the variety of ships docking in our ports.

The list of naval ship types is long and they perform many tasks. These naval ships can include coastal patrol vessels, mine-sweepers, mine-hunters, frigates, destroyers, amphibious dock-landing vessels, helicopter-carriers, submarine support ships and the rarer sighting of submarines.

When Naval Visits are made, it is those that are open to the public to come on board, provide an excellent opportunity to demonstrate up close and personal, what these look like and what they can do and a chance to discuss with the crew.

It can make even more interesting for visitors when a flotilla arrives, particularly comprising an international fleet, adding to the sense of curiosity and adding a greater mix to the type of vessels boarded.

All of this makes Naval Visits a fascinating and intriguing insight into the role of navies from abroad, as they spend time in our ports, mostly for a weekend-long call, having completed exercises at sea.

These naval exercises can involve joint co-operation between other naval fleets off Ireland, in the approaches of the Atlantic, and way offshore of the coasts of western European countries.

In certain circumstances, Naval Visits involve vessels which are making repositioning voyages over long distances between continents, having completed a tour of duty in zones of conflict.

Joint naval fleet exercises bring an increased integration of navies within Europe and beyond. These exercises improve greater co-operation at EU level but also internationally, not just on a political front, but these exercises enable shared training skills in carrying out naval skills and also knowledge.

Naval Visits are also reciprocal, in that the Irish Naval Service, has over the decades, visited major gatherings overseas, while also carrying out specific operations on many fronts.

Ireland can, therefore, be represented through these ships that also act as floating ambassadorial platforms, supporting our national interests.

These interests are not exclusively political in terms of foreign policy, through humanitarian commitments, but are also to assist existing trade and tourism links and also develop further.

Equally important is our relationship with the Irish diaspora, and to share this sense of identity with the rest of the World.