• 2020 April 14 15:03

    Dublin Port overall tonnage declines by 4.8% in Q1 2020

    Dublin Port Company has reported its first quarter trading figures for 2020. The latest figures show a decline in overall port tonnage of -4.8% compared to the first quarter of 2019, the company said in its release.

    The first three months of 2019 were dominated by the original Brexit departure date of 31st March 2019 and volumes through Dublin were very high due to stockpiling. (Q1 2019 imports were 8.0% ahead of imports in Q1 2018).

    Against this base, significant growth in Q1 2020 was always unlikely but the impact of the coronavirus, particularly in March, combined with significant shipping disruptions due to bad weather in February caused volumes to decline by 470,000 tonnes or -4.8% in the first quarter of 2020.

    Unitised trade (trailers and containers combined) fell by -4.4% to 360,000 units with Ro-Ro declining by -5.3% to 256,000 units and Lo-Lo by -2.2% to 187,000 TEU.

    Imports of new trade vehicles through Dublin Port decreased by -10.3% to 30,000 in the first quarter and a significant continuing decline seems inevitable for the rest of the year.

    Bulk liquid volumes, primarily petroleum products, grew by +4.4% to 1.1m tonnes. Aviation fuel accounts for more than one-fifth of all petroleum imports in Dublin Port and the impact of the coronavirus on air travel will lead to a large decline in imports of aviation fuel and in overall petroleum imports into Dublin Port in the months ahead.

    Bulk solid commodities declined by -13.2% to 468,000 tonnes.

    Ferry passenger volumes decreased by -17.8% to 224,000. Similarly, the number of tourist vehicles fell by -18.0% to 67,000. One cruise ship called to Dublin Port in Q1 2020 and the outlook for this sector everywhere for the remainder of the cruise season to end-September is bleak.

    Commenting on the results, Dublin Port’s Chief Executive, Eamonn O’Reilly, said:

    “Against the background of an exceptionally buoyant first quarter in 2019 because of Brexit, we did not expect to see continued strong growth in Q1 2020. However, the combination of exceptionally bad weather in February and the rapid impact of the coronavirus during March has caused port throughput to decline by 470,000 tonnes or 4.8% in the first three months of the year. Although our throughput was behind that of 2019, volumes in Q1 2020 were still ahead of Q1 2018 by 1.9%.

    “The not too disappointing figures for Q1 2020 are irrelevant, however, as we look ahead to the second quarter during which we will see a very significant decline in volumes across all cargo modes and in passenger traffic.”

    “While work on long-term Masterplan development projects will continue once work restrictions are lifted, we will focus determinedly over the next three months on keeping day to day port operations going in order to maintain critical trade flows particularly of foodstuffs, essential consumer goods and medicines. It is at times like this that we see the importance of the supply chains we can normally take for granted in our daily lives.”

    “Keeping Dublin Port open depends on a small number of critical marine operations, maintenance, security and fire warden staff working 24 / 7. We have adapted normal working arrangements to protect staff and their families to ensure that key functions remain manned at all times and ships can enter and leave Dublin Port safely. We are also delighted to welcome back two recently retired pilots to service to provide additional manpower resilience for this essential function.

    “Outside of our own operations, all of the cargo terminals in Dublin Port continue to operate normally and hauliers are maintaining the flow of goods in and out of these terminals. The contribution of port workers, of hauliers and of the anonymous ships crews who maintain our supply chains is immense.

    “In advance of finalising debt facilities of €300m in December 2019, we had been reducing the company’s cost base in recent years notably by way of a voluntary redundancy scheme which is reducing employee numbers by 11% and we are in a good position now to absorb the shock of reduced volumes as a result of the coronavirus in anticipation of economic recovery whenever that might happen. In particular, we are well placed to continue the long lead time challenge of providing additional port capacity for long-term growth.”




2020 July 5

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2020 July 4

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2020 July 3

18:37 DistriRail adds its rail schedules to the Port of Rotterdam Authority’s Navigate tool
18:07 ClassNK releases amendments to class rules
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17:05 ECSA welcomes study on social aspects within the maritime transport sector
16:50 Rosmorrechflot warns about Russia’s risk to move from White to Grey list of Paris MoU
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15:48 Hydrographic Company and MRTS sign contract on construction of Utrenny terminal facilities
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14:10 Port of Savannah’s Ocean Terminal takes delivery of two mobile harbor cranes
13:12 Alfa Laval wins SEK 130 million offshore order in China
12:26 Throughput of port Azov in 6M’2020 fell by 15% YoY
12:01 ICS launches Guidance for Engine Room Safety
11:47 North-Western Shipping Company merges into Volga-Fleet
11:15 CMA CGM announces FAK rates from Asia to North Europe
10:59 Finnlines announces bunker surcharge for Malmö-Travemünde-Malmö
10:13 Ocean Yield takes delivery of newcastlemax dry bulk newbuilding
10:12 GTT and Zvezda Shipbuilding Complex sign a Technical Assistance and License Agreement for the construction of LNG carriers incorporating membrane tank systems
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09:09 Baleària presents a proposal for the construction and operation of the new passenger terminal in the Port of Valencia

2020 July 2

18:37 CMA CGM announces FAK rates from Asia to the Mediterranean
18:04 ClassNK releases Annual Report on Port State Control
18:04 CMA CGM updates PSS for Reefer Cargo from North Europe, Scandinavia, Poland & Baltic, West Med & Adriatic to the Indian Subcontinent, Middle East Gulf & Red Sea
17:52 Glavgosexpertiza approves expansion of access canal to Sabetta port
17:35 Royal Niestern Sander delivers the hydrographic survey vessel ‘Geo Ranger’ to Geo Plus B.V.
17:21 Oil shipments via CPC Marine Terminal in 6M’20 climbed by 2.2% YoY
17:04 Kongsberg Digital acquires Danish maritime software company COACH Solutions
16:55 Federal government waives the traffic dues for the Kiel Canal until 31.12.2020
16:45 Fincantieri subsidiary INSIS acquired a majority share in Support Logistic Services
16:23 Webinar “Pusher-tugs as a pivot of river transportation chain. Will we have them built?” slated for 8 July 2020
16:04 IPCSA launches the Network of Trusted Networks
15:42 Shipbuilding facility of Neptun CDB in Novaya Ladoga lays down two cruise ships of Project PV20S
15:20 New transshipment terminal soon to become operational at the Port of Gothenburg
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14:23 MABUX releases weekly review of global bunker market
14:03 Nippon Paint Marine completes the extensive re-coating of the 1911-built cargo ship
13:29 Cargo traffic within Azov-Don Basin of Russia’s IWWs fell by 5% in 6M’20
13:05 Premiere for Rolls-Royce's first MTU gas engines in new Doeksen ferry
12:44 Bunker prices are slightly up at the Far East ports of Russia (graph)
12:22 Rosmorport announced tender for construction of LNG transshipment facility in Kamchatka
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11:03 ECSA calls on the German Presidency to support a stronger European shipping industry
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