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Northern Ireland Flag LogoFreight Shipping News: In Belfast Business is BoomingBelfast is the Centre of Northern Ireland s Freight Shipping Industry The port of Belfast is the main maritime gateway in Northern Ireland. Established as a key centre of commerce four hundred years ago, it is now experiencing one of its busiest periods ever in the freight shipping industry. The port of Belfast has become the focus of Northern Ireland s freight shipping industry. It handles two thirds of Northern Ireland s freight shipping trade, which equates to half a million freight units each year. Recent figures show that the port of Belfast handled more than 17 million tones of freight in 2005. This makes it the second busiest year in the ports long history. Freight Shipping Increases The increase in Belfast s freight shipping activities was driven by a noticeable boost in trade in the breakbulk sector. This sector includes items like steel and timber. Furthermore, paper product imports grew to 100,000 tonnes. This represents an increase of 73% against the previous year. Moreover, according to statistics released by the port of Belfast, the total volume of freight shipping has tripled over the last 25 years. There has also been a 1000% increase in roll on and roll off freight shipping and a 200% increase in container traffic. Key Reasons for the Increase in Freight Shipping Key freight performers in 2005 that help account for the increase in freight shipping from the port of Belfast include: The import and export of stone and cement. These increased by 16% and 11% respectively in 2005. The reason for the growth of these areas lies in the UK s and Ireland s buoyant construction industries. The volume of traffic passing through Belfast also helps explain the growth it has experienced in freight shipping. According to the Commercial Director of the port of Belfast: Wider changes in society are also reflected. The move towards alternative energy sources has reduced domestic coal imports from a peak of 604,000 tonnes in 1985 to just under 200,000 tonnnes in 2005, while the building boom has helped double the amount of timber handled since the late 1990s.
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Air Hostess Helps Land Air Canada Plane After Co-Pilot Breaks Down - HULIQ.comAn air hostess helped land an Air Canada jet carrying 146 passengers after the co-pilot had an apparent mental breakdown over the Atlantic Ocean. The plane, bound for Heathrow from Toronto, diverted to Shannon in Ireland after the flight officer ... Read more...European shares extend gains; banks, oils lead - ReutersLONDON, Nov 21 (Reuters) - European shares extended gains on Friday as oil shares rose tracking firmer crude prices and banking shares advanced. At 0918 GMT, the FTSEurofirst 300 index of top European shares was up 1.1 percent at 789.47 points after ... Read more...Borrowing reported to trigger deferred tax rises - International Herald TribuneLONDON : British annual public borrowing is set to climb towards 120 billion pounds over the next two years, forcing the finance minister to announce plans for deferred tax rises and public spending curbs in his pre-budget report, the Financial Times ... Read more...Capello puts meaning into meaningless friendly - Guardian UnlimitedIn football the conflict of interest between club and country drags on like the hundred years war. The heartening 2-1 win over Germany which Fabio Capello's irregulars achieved in Berlin on Wednesday night may have further convinced the nation that ... Read more...Manchester City midfielder Stephen Ireland mixes talent with tenacity ... - Daily TelegraphTalent and tenacity: Stephen Ireland, seen here evading the challenge of Bolton's Gavin McCann, has fought hard to make his mark on Manchester City's first team Photo: GETTY IMAGES Never mind Robinho, the £32.5 million man, or indeed the oil-rich ... Read more...Ireland’s big banks poised to consolidate - Financial TimesIreland’s three largest banks are coming under mounting government pressure to merge with their smaller rivals as Brian Lenihan, the Irish finance minister, seeks to strengthen the sector. Bank of Ireland confirmed on Friday it had received ... Read more...Ireland's 2011 World Cup seeding at stake - Times OnlineIn the past this match would have been all about Ireland seeking revenge for 2007, but now it is all about 2011. The 30-15 hammering Argentina gave Ireland last year in the World Cup will be added fuel to the fire, but the IRB's new points ... Read more... |
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