The Irish Maritme Transport Economist Volume 8

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VOLUME 8 April, 2011 ISSN 1649-5225 The Irish Maritime Transport Economist The Irish Maritime Development Ofﬁce The Irish Maritime Development Office (IMDO) was established by statute in December 1999 and is a body under the aegis of the Department of Transport. The office is the national agency responsible for supporting the development of the Irish shipping, ports and shi<a title="The Irish Maritme Transport Economist Volume 8 page 1" href="http://viewer.zmags.com/publication/790d31e6?page=1">VOLUME 8April, 2011</a> VOLUME 8April, 2011<a title="The Irish Maritme Transport Economist Volume 8 page 2" href="http://viewer.zmags.com/publication/790d31e6?page=2">The Irish Maritime Development OfﬁceThe Irish Ma</a> The Irish Maritime Development OfﬁceThe Irish Ma<a title="The Irish Maritme Transport Economist Volume 8 page 3" href="http://viewer.zmags.com/publication/790d31e6?page=3">WelcomeI'm very pleased to welcome you in my ne</a> WelcomeI'm very pleased to welcome you in my ne<a title="The Irish Maritme Transport Economist Volume 8 page 4" href="http://viewer.zmags.com/publication/790d31e6?page=4">page 2ECconteonmtsicForeword </a> page 2ECconteonmtsicForeword <a title="The Irish Maritme Transport Economist Volume 8 page 5" href="http://viewer.zmags.com/publication/790d31e6?page=5">Bill LynchCHAIRMAN, THE INSTITUTE OF CHARTERED S</a> Bill LynchCHAIRMAN, THE INSTITUTE OF CHARTERED S<a title="The Irish Maritme Transport Economist Volume 8 page 6" href="http://viewer.zmags.com/publication/790d31e6?page=6">page 4Key Indicators:GDP: -1%GNP: -2.1%Infla</a> page 4Key Indicators:GDP: -1%GNP: -2.1%Infla<a title="The Irish Maritme Transport Economist Volume 8 page 7" href="http://viewer.zmags.com/publication/790d31e6?page=7"> Key Indicators: Bulk </a> Key Indicators: Bulk <a title="The Irish Maritme Transport Economist Volume 8 page 8" href="http://viewer.zmags.com/publication/790d31e6?page=8"></a> <a title="The Irish Maritme Transport Economist Volume 8 page 9" href="http://viewer.zmags.com/publication/790d31e6?page=9">Economic Review</a> Economic Review<a title="The Irish Maritme Transport Economist Volume 8 page 10" href="http://viewer.zmags.com/publication/790d31e6?page=10"> NATIONAL ACCOUNTSThe Irish economy contracte</a> NATIONAL ACCOUNTSThe Irish economy contracte<a title="The Irish Maritme Transport Economist Volume 8 page 11" href="http://viewer.zmags.com/publication/790d31e6?page=11">INFLATIONInflation in Ireland, measured by the </a> INFLATIONInflation in Ireland, measured by the <a title="The Irish Maritme Transport Economist Volume 8 page 12" href="http://viewer.zmags.com/publication/790d31e6?page=12"> INTEREST RATESInterest rates at the </a> INTEREST RATESInterest rates at the <a title="The Irish Maritme Transport Economist Volume 8 page 13" href="http://viewer.zmags.com/publication/790d31e6?page=13">EXCHANGE RATESThe euro exchange rate in 2010 wa</a> EXCHANGE RATESThe euro exchange rate in 2010 wa<a title="The Irish Maritme Transport Economist Volume 8 page 14" href="http://viewer.zmags.com/publication/790d31e6?page=14"> OIL & BUNKER PRICESOil prices rose by 12 per</a> OIL & BUNKER PRICESOil prices rose by 12 per<a title="The Irish Maritme Transport Economist Volume 8 page 15" href="http://viewer.zmags.com/publication/790d31e6?page=15">Trade Review</a> Trade Review<a title="The Irish Maritme Transport Economist Volume 8 page 16" href="http://viewer.zmags.com/publication/790d31e6?page=16"> EXTERNAL TRADEIreland recorded the second-hi</a> EXTERNAL TRADEIreland recorded the second-hi<a title="The Irish Maritme Transport Economist Volume 8 page 17" href="http://viewer.zmags.com/publication/790d31e6?page=17">COMMODITY TRADEThe total value of Irish merchan</a> COMMODITY TRADEThe total value of Irish merchan<a title="The Irish Maritme Transport Economist Volume 8 page 18" href="http://viewer.zmags.com/publication/790d31e6?page=18"> TRADE: COUNTRYThe USA, Great Britain and Bel</a> TRADE: COUNTRYThe USA, Great Britain and Bel<a title="The Irish Maritme Transport Economist Volume 8 page 19" href="http://viewer.zmags.com/publication/790d31e6?page=19">Traffic Review</a> Traffic Review<a title="The Irish Maritme Transport Economist Volume 8 page 20" href="http://viewer.zmags.com/publication/790d31e6?page=20"> IRISH PORTS: BULK MARKETSAfter the record de</a> IRISH PORTS: BULK MARKETSAfter the record de<a title="The Irish Maritme Transport Economist Volume 8 page 21" href="http://viewer.zmags.com/publication/790d31e6?page=21">IRISH PORTS: BULK MARKETSBREAK BULK: Break bulk</a> IRISH PORTS: BULK MARKETSBREAK BULK: Break bulk<a title="The Irish Maritme Transport Economist Volume 8 page 22" href="http://viewer.zmags.com/publication/790d31e6?page=22"> LIFT-ON/LIFT-OFF MARKET: PORTSThe rate of de</a> LIFT-ON/LIFT-OFF MARKET: PORTSThe rate of de<a title="The Irish Maritme Transport Economist Volume 8 page 23" href="http://viewer.zmags.com/publication/790d31e6?page=23">LIFT-ON/LIFT-OFF MARKET: OPERATORSIn 2010 the o</a> LIFT-ON/LIFT-OFF MARKET: OPERATORSIn 2010 the o<a title="The Irish Maritme Transport Economist Volume 8 page 24" href="http://viewer.zmags.com/publication/790d31e6?page=24"> ROLL-ON/ROLL-OFF MARKET: PORTSAfter 3 years </a> ROLL-ON/ROLL-OFF MARKET: PORTSAfter 3 years <a title="The Irish Maritme Transport Economist Volume 8 page 25" href="http://viewer.zmags.com/publication/790d31e6?page=25">ROLL-ON/ROLL-OFF MARKET: OPERATORSWe analysed r</a> ROLL-ON/ROLL-OFF MARKET: OPERATORSWe analysed r<a title="The Irish Maritme Transport Economist Volume 8 page 26" href="http://viewer.zmags.com/publication/790d31e6?page=26"> PASSENGER TRAFFICPassenger volumes grew by 4</a> PASSENGER TRAFFICPassenger volumes grew by 4<a title="The Irish Maritme Transport Economist Volume 8 page 27" href="http://viewer.zmags.com/publication/790d31e6?page=27">Market Review</a> Market Review<a title="The Irish Maritme Transport Economist Volume 8 page 28" href="http://viewer.zmags.com/publication/790d31e6?page=28"> TANKER MARKETThe tanker market had a firm st</a> TANKER MARKETThe tanker market had a firm st<a title="The Irish Maritme Transport Economist Volume 8 page 29" href="http://viewer.zmags.com/publication/790d31e6?page=29">DRY BULK MARKETThe opening half of 2010 saw gro</a> DRY BULK MARKETThe opening half of 2010 saw gro<a title="The Irish Maritme Transport Economist Volume 8 page 30" href="http://viewer.zmags.com/publication/790d31e6?page=30"> CONTAINERSHIP CHARTER MARKETContainership ti</a> CONTAINERSHIP CHARTER MARKETContainership ti<a title="The Irish Maritme Transport Economist Volume 8 page 31" href="http://viewer.zmags.com/publication/790d31e6?page=31">DEEP SEA CONTAINER TRADES AND FREIGHT RATESIn 2</a> DEEP SEA CONTAINER TRADES AND FREIGHT RATESIn 2<a title="The Irish Maritme Transport Economist Volume 8 page 32" href="http://viewer.zmags.com/publication/790d31e6?page=32"> NEWBUILDING MARKETCONTAINER FLEET: The rate </a> NEWBUILDING MARKETCONTAINER FLEET: The rate <a title="The Irish Maritme Transport Economist Volume 8 page 33" href="http://viewer.zmags.com/publication/790d31e6?page=33">Glossary of Termspage 31GDP – Gross Domestic</a> Glossary of Termspage 31GDP – Gross Domestic<a title="The Irish Maritme Transport Economist Volume 8 page 34" href="http://viewer.zmags.com/publication/790d31e6?page=34">page 32Sources of DataThe bulletin contains t</a> page 32Sources of DataThe bulletin contains t<a title="The Irish Maritme Transport Economist Volume 8 page 35" href="http://viewer.zmags.com/publication/790d31e6?page=35"></a> <a title="The Irish Maritme Transport Economist Volume 8 page 36" href="http://viewer.zmags.com/publication/790d31e6?page=36"></a> <a title="The Irish Maritme Transport Economist Volume 8 page 37" href="http://viewer.zmags.com/publication/790d31e6?page=37"></a> <a title="The Irish Maritme Transport Economist Volume 8 page 38" href="http://viewer.zmags.com/publication/790d31e6?page=38"></a> <a title="The Irish Maritme Transport Economist Volume 8 page 39" href="http://viewer.zmags.com/publication/790d31e6?page=39">design by drawinginc</a> design by drawinginc<a title="The Irish Maritme Transport Economist Volume 8 page 40" href="http://viewer.zmags.com/publication/790d31e6?page=40">www.imdo.ieIrish Maritime Development Offic</a> www.imdo.ieIrish Maritime Development Offic