• 2021 January 20 13:02

    Dublin Port throughput increases by +7.6% in Fourth Quarter of 2020

    2020 was a challenging year for Dublin Port but a year which demonstrated, yet again, the robustness of the port’s cargo business with full year volumes of 36.9 million gross tonnes, only -3.4% behind 2019, the company said in its release.

    Notwithstanding the decline of -3.4%, 2020 was the third busiest year for cargo in the long history of Dublin Port with higher volumes recorded in only 2018 (38.0 million gross tonnes) and 2019 (38.1 million gross tonnes).

    Imports for the year fell by -5.0% to 21.7 million gross tonnes and exports declined by -0.9% to 15.2 million gross tonnes.
     The first quarter of 2020 was slow (-4.9%) by comparison to a strong first quarter in 2019 which had been driven by Brexit stockpiling in advance of the original Brexit date of 31st March 2019
     The second quarter of 2020 was very difficult (-17.0%) because of the pandemic with very large reductions in volumes in April (-26.2%) and May (-20.5%)
     However, volumes recovered in the third quarter with growth of +1.1%
     The year ended with a very strong fourth quarter (+7.6%) driven by the second and final round of Brexit stockpiling. Within the fourth quarter, volumes in December alone were ahead by +21.7%
    Unitised trade for the full year (trailers and containers combined) fell marginally by -0.5% to 1,485,000 units with Ro-Ro growing by +0.2% to 1,061,000 units and Lo-Lo declining by -2.1% to 758,000 TEU.
    In contrast to the unitised cargo modes, imports of new trade vehicles declined substantially by -29.3% to 53,000 units.
    Due to much reduced transport demand in the economy, Bulk Liquid imports of petroleum products were back by -17.0% to 3.9 million tonnes.
    Bulk Solids (including agri-feed products, ore concentrates and cement products) finished the year +7.6% ahead at 2.0m tonnes.

    In contrast to the cargo side of Dublin Port’s business, the pandemic drove passenger and tourism volumes down significantly. Passenger numbers on ferries (including HGV drivers) declined by -57.3% to 833,000. Tourist vehicles declined by -61.6% to 215,000.
    On the cruise side, there was a single small cruise ship early in the year compared to 158 in 2019.

    Commenting on the 2020 figures, Dublin Port’s Chief Executive, Eamonn O’Reilly, said:
    “In the first half of 2020, Dublin Port’s cargo volumes were weak and were hit particularly badly in April and May because of the pandemic. However, in the second half of the year, volumes strengthened from month to month and we finished the year with extraordinary Brexit-driven growth of 21.7% in December. This is normally a quiet month, but December 2020 ended up being the fifth busiest month ever.
    “Against the background of so much Brexit stock-piling, both on the import side and on the export side, the slow start we are seeing in 2021 was inevitable. The gradual return to more normal volumes gives an opportunity for cargo owners to adapt to the re-introduction of non-tariff barriers to trade with Great Britain 28 years after the Single Market did away with them.

    “Whereas the cargo side of the port’s business was resilient in a difficult year, the passenger side has been badly affected by the Covid-19 travel restrictions with a 60% reduction in passenger numbers and tourist vehicles. However, with the roll out of vaccines, we are hoping to see this business returning to normal levels later in the year. On the cruise side, however, the outlook is altogether bleaker, and it is unlikely we will see any cruise ships during 2021.
    “Dublin Port ended the year in a financially strong position and, although there was some slowdown in our capital investment programme last year, we will be progressing with €400m of capital works over the next five years with investment of €84 million in 2021 alone. We will complete construction of the new T4 Ro-Ro terminal this year to bring an additional annual capacity of 400,000 Ro-Ro units on line. Outside the port estate, construction of a new empty container depot facility will be completed at Dublin Inland Port. Notwithstanding the challenges of Covid-19 and Brexit, we remain focussed on our plans to deliver additional capacity for long-term growth”.

2021 February 26

18:14 CADMATIC issued a certificate to ASCO's SRI Caspian Sea Project
17:56 Fincantieri and OCCAR to sign the contract for the construction of 2 new-generation submarines
17:38 IBIA announces the result of 2021 board elections
17:16 LNG-powered short-sea vessel Containerships Borealis makes first call to the port of Rotterdam
16:53 Volga Shipping Company opens river navigation season in the South of Russia
16:31 Port of Melbourne awards rail infrastructure contracts
16:25 ABS publishes guidance on methanol as marine fuel
16:05 Port of Corpus Christi and Port of Rotterdam sign MoU
15:48 Container giant MSC to open new depot in North Sea Port
15:05 Rosmorport announces changing of Dickson seaport boundaries
14:43 Corvette Stoyky and tanker Kola of RF Navy's Baltic Fleet started anti-piracy watch in the Gulf of Aden
14:19 PortNews offers new edition of its Hydrotechnika magazine
13:30 New edition of PortNews magazine is available now
12:14 CMA CGM to dedicate six new LNG-powered vessels to U.S. services
11:42 CPC system to transport 67.5 mln tons of crude oil in 2021
11:18 MPA awards LNG bunker supplier licence to Total Marine Fuels Private Limited
11:04 Wärtsilä and Ocean Technologies Group partner to deliver transformational learning solutions to improve safety and efficiency at sea
10:45 MABUX: Bunker market this morning, Feb 26, 2021
10:39 Car carrier Orca Ace earns ClassNK's 1st remote survey notation
10:36 Port of Baku Director General held online meeting with members of American-Azerbaijani Chamber of Commerce
10:14 Port of Gdynia welcomes largest single delivery of wind turbine propeller blades in Polish history
09:51 Bunker prices continue rising at the Port of Saint-Petersburg, Russia (graph)
09:32 Oil prices decrease amid dollar rise
09:18 Baltic Dry Index as of February 26

2021 February 25

20:19 Bunker Weekly Outlook, Week 08, 2021
18:37 Port of Oakland boss appointed CAPA Vice President
18:07 Port of Los Angeles announces launch of new ‘Control Tower’ data tool for tracking cargo
17:53 Admiral Nevelskoy ferry leaves Saint-Petersburg for Sakhalin
17:49 BPA reports lowest passenger numbers in 60 years
17:42 Finnlines Plc issues its Financial Statements 2020 and Financial Review for 2020
17:34 Cutting restrictive trade policies could boost global economic recovery from COVID-19 by 3.4%
17:31 ECSA: European shipping is central to the success of EU's new trade strategy
17:20 APM Terminals Algeciras reaches all employees with a safety campaign
16:58 Tallink Grupp reports net loss of EUR 108.3 million for pandemic year 2020
16:41 Terms of references for Klaipeda Seaport's Southern part development to be prepared by American specialists
16:19 BPO’s comprehensive ports report published today
16:15 Hiab to supply MV Commercial with 100 HIAB loader cranes
15:45 Rolls-Royce secures UK MOD funding for innovative technology to support naval autonomy
14:50 Consequences of COVID pandemic affect the Port of Hamburg’s 2020 throughput
14:25 Bunker prices are slightly up at the Far East ports of Russia (graph)
13:13 Nevsky Shipyard delivers Pola Gali, yet another ship of Project RSD59
13:07 DNV GL joins smart maritime network to enhance industry cooperation on digitalization
12:10 ClassNK grants its first remote survey notation for PCC ORCA ACE
11:32 NOVATEK and Shenergy Group sign SPA for LNG from Arctic LNG 2
11:04 “K”Line commences technical management of Singapore’s first LNG bunkering vessel “FUELNG BELLINA”
10:33 Telemar wins 50-vessel service and maintenance contract with Fairplay Towage group
10:21 MABUX: Bunker market this morning, Feb 25, 2021
10:13 BC Ferries releases its third quarter results
09:59 CMA CGM implements FAK rates from the Mediterranean, Adriatic, North Africa & Black Sea to the Indian Subcontinent
09:50 BC Ferries' fifth battery hybrid-electric vessel launched
09:28 Oil market sees mixed price movements
09:12 Baltic Dry Index as of February 24

2021 February 24

18:06 Parkwind selects DEME Offshore for foundation EPCI contract at Arcadis Ost I
17:47 Ministry of Transport of Dagestan looks into organizing sea cruise tourism in Caspian Sea
17:26 ABS to class first ever Jones Act wind turbine installation vessel
17:16 Yangtze River Protection Law will come into force on 1st March, 2021
16:59 Admiral Kasatonov frigate of RF Navy’s Northern Fleet performs long range campaign tasks in Aegean Sea
16:28 Port of Antwerp deploys autonomous drones for safety enforcement
16:15 DFDS aims for greener ferries from alternative fuel project
15:51 Mordraga supports 4th International Congress “Hydraulic Engineering Structures and Dredging” as its Sponsor