Menu

Ireland's sailing, boating & maritime magazine

Displaying items by tag: investment

Marine Marine Charlie McConalogue has announced €4.8 million in new investment by eight seafood processing companies, with his department’s European Maritime and Fisheries Fund Programme (EMFF) providing more than €1.4 million in grants.

The grants amounting to €1,408,949 are funded half-and-half by the Government and European Union and are subject to terms and conditions.

Announcing the grants, Minister McConalogue said 2020 “has been a difficult year for our seafood sector, as it has for our economy as a whole.

“So, it is heartening to see many of our leading seafood processors continue to invest to further grow their businesses. I am delighted to support these eight seafood processors in building for the future.

“Although the processing sector continues to face challenges, with the pandemic continuing to impact on world markets and uncertainties and risks around the ongoing trade negotiations with the UK, there are also many opportunities to continue to develop and prosper, as companies adapt and innovate to unlock the market opportunities that are available for quality Irish seafood products.”

The minister added that the EMFF remains “open for business” and continues to provide grants for a wide range of investments in Ireland’s seafood sector “including capital investment, innovation, business planning and marketing”.

The latest funding boost for the sector follows €3.5 million invested in six seafood processing companies in June, and a €3.4 million investment across 15 aquaculture enterprises in July.

Among the eight beneficiaries in this latest round of investment, Co Cork-based Good Fish Processing and Keohane Seafood also received grants in the June funding announcement.

Grant approvals - Seafood Processing Capital Investment Scheme 2020

Beneficiary

Location

Project

Total Investment

EMFF Grant

Bio-marine Ingredients Ireland Ltd.

Monaghan

Automated Powder Bagging System and associated modifications.

€153,691

€46,107

Rockabill Seafood Ltd.

Dublin

Air purifier and crab labelling system

€153,281

€43,918

Shellfish De La Mer

Cork

Airflow, cooler and conveyor systems, and steam cooker

€442,590

€130,723

Atlantis Seafood Wexford Ltd.

 

Wexford

White fish filleting line & Skin Packer

€715,685

€214,706

Kish Fish Company Ltd.

 

Dublin

Blast chill, packing room, vacuum packing machine

€30,825

€9,248

Good Fish Processing (Carrigaline) Ltd.

 

Cork

White fish filleting line

€1,511,444

€449,979

Keohane Seafoods Unlimited

 

Cork

Salmon processing equipment and factory reconfiguration

€1,712,709

€463,899

Breizon Ltd.

Galway

Reduction in energy costs through solar PV installation

€93,799

€14,070

Total:

 

€4,814,024

€1,372,649

 

Grant approvals – Seafood Innovation and Business Planning Scheme

Beneficiary

County

Project

Total Investment

EMFF Grant

Keohane Seafoods Unlimited

 

Cork

Management and business planning consultancy

€72,600

€36,300

Total:

 

 

€72,600

€36,300

Published in Fishing

An investment of €525,000 is to be put into four piers and harbours in Co. Mayo.

The Minister for Agriculture, Food and the Marine, Michael Creed announced details of a €3.1m package to assist 10 coastal local authorities undertake and as Afloat previously reported funding to complete 58 developments of harbours repair projects and slipways owned by them.

The package, reports Connaught Telegraph, provides funding for maintenance and repair works in addition to supporting the ongoing development and enhancement of harbour facilities including some marine leisure developments.

The Mayo works announced include Roonagh Pier as Afloat also reported on where provision of a new crane and safety improvement works is to cost €150,000.

For other coastal development works and locations click here. 

Published in Ferry

On the Irish Sea a major £17m port modernisation project on Merseyside will help grow the region’s import and export capabilities significantly.

Work is been carried out by Peel Ports and Stena Line at the Twelve Quays terminal in Birkenhead. The project will see the dock expand to service next-generation RoRo (Roll-on/Roll-off) ferry vessels by investing in best-in-class facilities to reduce turnaround times, increase route capacity and improve health and safety by implementing one way traffic.

The newly developed terminal is expected to be fully operational by January 2020, ready to welcome Stena Line’s new fleet of E-Flexer ships which will utilise the Belfast-Liverpool route from spring 2020 following a multimillion pound investment into the region as part of a 25 year commitment.

David Huck, Managing Director – Group Ports from Peel Ports said: “The past two years have seen heavy investment in the infrastructure at Twelve Quays to offer enhanced berthing facilities for larger, more modern vessels, helping reduce turnaround times and open up opportunities to grow the region’s import and export offering by expanding capacity by 20%.

“It’s also allowed us to extend our long-term partnership with Stena Line as it takes the next steps in its major fleet investment programme, with freight and travel customers able to take advantage of faster and easier loading and unloading.”

Stena’s new E-Flexer ships are larger than today’s standard RoPax vessels and will provide freight capacity of 3,100 lane meters and the space to carry 120 cars and 1,000 passengers and crew. They are also highly fuel efficient to help reduce emissions, feeding in to Peel Ports’ goal of providing sustainable ports for the future.

Work carried out by Peel Ports includes a new multi-level berth to accommodate double-deck, simultaneous vehicle access to and from vessels as well as bigger berthing facilities for importers and exporters to take advantage of the port’s connectivity.

Published in Ferry

Seven renewable energy projects are benefitting from a significant funding injection following investment by the Marine Institute’s industry-led awards, as reported last month on Afloat.ie.

With the aim of driving innovation in the marine sector and accelerating renewable energy breakthroughs, funding of up to €200,000 was awarded to each of the research projects to be conducted by indigenous companies, with some including university partners.

Speaking at the funding announcement, Marine Institute chief executive Dr Peter Heffernan said: “The diversity of renewable energy projects benefiting from this funding demonstrates the innovation and expertise that we are developing in Ireland in this sector.

“From research on the impact of floating platform technology to subsea micro-piling to hybrid solar and wind energy devices, the commercial opportunities of these projects are very exciting. We are committed to supporting marine enterprises in Ireland to drive Ireland's blue economy.”

Gavin & Doherty GeoSolutions is being awarded €199,957 over two years for their research project in partnership with University College Cork that will involve a geological, geotechnical, sediment and morphodynamic assessment of designated areas of the Irish seabed.

Predictive sediment transport modelling, validated against field data, will be used to characterise future seabed changes and to quantify the risk for future potential offshore wind developments in the Irish sea.

The outcomes of the project will support developers in efficient design, installation and maintenance planning of offshore renewable assets and will reduce the risk associated with future wind farm developments in the Irish Sea.

Two projects in the area of floating energy platforms were also successful in their research funding applications.

Solar Marine Energy will receive €195,465 over two years, in partnership with UCC, to progress how solar energy can be harnessed on a floating platform to power an electrolysis unit to produce Hydrogen in an electro-fuel form while using battery storage for the release of power as and when required.

Solar Marine Energy Ltd (SME) is one of the first companies to design, engineer and manufacture cost-competitive floating solar energy products in its Floating Solar Panels, in accordance with maritime industry best practice.

To make floating wind a commercial reality, further technology innovation is necessary. The Eureka-Sea Wind project proposed by Marine Materials Ireland Ltd (MMI) will also receive €199,816 over two years to develop reliable and efficient floating wind turbine technology based on a novel concept that reduces cost and weight.

Based in Ireland and the USA, Resolute Marine Ltd has developed a successful Oscillating Wave Surge Converter (OWSC) flap system.

Now with a funding boost of €199,955, Resolute Marine will bring the OWSC from concept to robust design that is optimised for locations in the developing countries and islands targeted for commercial installations of RML’s innovative wave-powered desalination systems.

This project is set to advance the Irish wave energy industry and provide jobs for three additional highly trained experts in the fields of hydrodynamics, ocean engineering and project management.

Subsea Micropiles is being awarded €199,902 for research on the design and temporary installation of two demonstration micropile anchors.

The anchor frames will represent structures that would support the foundations of offshore wind turbines or hydrokinetic energy converters. The two anchors will be load tested both horizontally and vertically and the results compared with design predictions.

This type of micropiling technology for subsea environment provides a real and cost-effective alternative to current subsea micropiling models.

Use of robotically installed micropiles in the subsea environment represents important innovation and potential cost saving for marine renewable energy projects.

Fish farmers are actively searching for renewable energy sources to replace the diesel consumption, which causes concerns in relation to emissions and increases risk of oil spills when transporting diesel to the feed aquaculture barges.

Wind and solar generation on fish farm cages currently do not meet the power needs and can be fundamentally challenging and particularly high maintenance, when mounted so close to the ocean itself.

Wave energy, especially when coupled with the existing mooring system, is seen as a very appealing solution.

Exceedence and TfI Marine secured €199,532 in funding to research and develop a revolutionary 1kW Inline Gator system. The Inline Gator will harness the natural power of the waves by converting the motion of the fish cage into electricity thereby mitigating the need for fossil fuels.

W1DA Experience Ltd is also being awarded €198,763 in funding for the Marine EcoPowa Project in partnership with the University of Southampton and UCC.

The project aims to create a new generation of medium power (12-15KW/20-30HP) environmentally–friendly marine propulsion and energy regeneration systems that will replace what is currently termed as “outboard motors”.

The potential financial benefits to boat users in Ireland are significant, potentially costing less than half that of petrol and diesel motors over a 10-year lifetime.

The Marine Institute says it is committed to assisting industry-led development through knowledge transfer, capacity building and research to enable optimal decision making and planning to best leverage Ireland’s natural marine resources sustainably and efficiently.

This investment in marine enterprises is a key output of the Marine Institute Strategic Plan 2018-2022: Building Ocean Knowledge, Delivering Ocean Services, guided by the Government’s integrated marine plan Harnessing Our Ocean Wealth as well as the National Marine Research and Innovation Strategy 2017–2021.

Increased economic growth and job creation from small and medium-sized enterprises based in Ireland is a key component of several national strategies and regional development plans. Funding for these seven renewable research projects is being provided by the Marine Institute and the Government, co-funded under the European Regional Development Fund (ERDF).

Published in Power From the Sea

#ports - The Scottish south-west Port of Ayr, operated by Associated British Ports (ABP) has announced a £2.2m investment in a new state-of-the-art warehouse which will improve its customer offering.

Work on the new 4,000 sqm agribulk terminal according to ABP began in 2018 to support the region's growing agricultural sector. The new facility will be located on the west side of Griffin Dock at the port.

Commenting on the latest investment news, Andrew Harston, ABP Short Sea Ports Director, said: “We are proud to announce another major investment in our Scottish ports to ensure that we can continue to offer our customers the best infrastructure available to help their businesses grow.

“As the UK's leading company in our sector, we are committed to an extensive investment plan focusing on the Ports of Ayr and Troon and we would actively encourage Scottish businesses in need of first class port facilities in the West of Scotland to come and talk to us.”

The contract for building the warehouse has been awarded to a Scottish family-owned company, 3b construction, in line with ABP’s “buy local” strategy, which aims to support local businesses.

Stuart Cresswell, ABP’s Port Manager at Ayr and Troon, said: “Following other recent investments in warehousing, cranes and a new pilot boat, the development of another major agribulk terminal in Ayr is a huge vote of confidence in both our Scottish Ports and our local workforce.

“I strongly believe that the facilities we are developing at Ayr and Troon offer a beacon of hope for the many Scottish voices calling for a renaissance of maritime-related industry and shipping on the Clyde.”

Published in Ports & Shipping

#ports - A leading UK ports operator, Associated British Ports (ABP) recently announced an additional investment to boost facilities at its Port of Hull, bringing the group’s total investment to £250 million since the EU referendum in 2016.

This programme of investment demonstrates the group’s commitment to keeping Britain trading with Europe and the rest of the world after Brexit.

ABP is actively working to support businesses anxious about the event of a No-Deal Brexit and the potential severe disruption this may cause at the Port of Dover.

Container and ferry facilities at ABP on the Humber are capable of helping businesses bypass such disruption, providing regular and reliable links to Europe. Over 70 sailings every week connect the Humber to a number of destinations including Belgium, the Netherlands, Denmark and Poland.

Investment highlights include: £50 million to boost capacity at its container terminals at ABP’s ports of Hull and Immingham; £65 million to help ensure the future of the steel industry on the river Humber; £55 million to enhance the automotive and cruise offering in the Port of Southampton. In addition to a range of other investments throughout its network of 21 ports across England, Scotland and Wales.

According to ABP which has an important component role in the UK’s trading infrastructure, the group handles almost £150 billion of UK trade across its port network, contributing around £7.5 billion to the UK economy. In addition to supporting almost 120,000 jobs across its supply chains. 

Published in Ports & Shipping
Tagged under

#ShannonEstuary - This month work will begin on the first element of a major restructuring of the port of Foynes in Co Limerick.

According to RTE News, it is part of a €50m investment in transforming the port into one of the biggest bulk harbours in Europe.

Shannon Foynes Port Company will spend €12m on transforming the existing East Jetty area, and reclaiming a 3.45 acre section of the port to create a bigger foreshore area of activity and enable improved bulk discharge times.

The expansion of the port will add an additional 35,000 square metres of additional berthage and create more open quay storage at the port.

It will enable the company to accommodate larger container cargo ships, enabling ships of 40,000 tonne capacity to berth at the new port.

For more on the development of the mid-west port, click here. 

Published in Shannon Estuary

#Angling - Inland Fisheries Ireland (IFI) is looking for public feedback via an online survey on its current funding programmes, having awarded over €3.4 million to angling projects and fisheries initiatives in communities nationwide over the past five years.

Current funding channels include the Salmon Conservation Fund and the Midlands Fisheries Fund, which see IFI redistribute income gained from permits and licenses, as well as IFI’s Sponsorship Programme.

IFI is now looking to consult with previous recipients of funding alongside interested parties and potential applicants, on whether the funding programmes are meeting requirements and if there are any changes which could be made to improve them.

Sean Kyne TD, Minister of State with responsibility for the Inland fisheries sector, encouraged stakeholders to take part in the online survey.

“The programmes ensure that stakeholders are facilitated and partnered to assist in the strategic development of fisheries and angling developments,” he said, adding that “the angling sector is worth €836 million to Ireland’s economy annually, supporting upwards of 11,000 jobs.”

This month IFI will invite applications for funding for angling access improvement works. These projects should contribute to the delivery of an accessible and sustainable world class inland fisheries and sea angling resource and will form part of the National Strategy for Angling Development.

While this fund will be limited to ‘shovel ready’ projects on the river bank, further funding opportunities for more complex capital projects are likely early in 2017.

The funding survey should take less than five minutes to complete with all participants entered into a draw to win one of three €50 tackle shop vouchers. The survey is open to angling clubs, commercial fishermen, fishery promoters, community and local development groups as well as private individuals.

To find out more information about IFI’s funding programmes and to take the short funding survey, visit www.fisheriesireland.ie/fundingsurvey.

The survey will be live on the IFI website until Tuesday 8 November.

Published in Angling
Tagged under

#GALWAY HARBOUR - Galway Harbour management are looking forward to the prospect of Chinese investment in the port's redevelopment plans, the Galway Independent reports.

“Chinese investors clearly recognise not only the massive potential of ocean tourism, but also the specific potential for Galway as a destination port for cruise liners," said Fine Gael TD Brian Walsh, referring to discussions between the Government and Chinese officials in Beijing last week.

As previously reported on Afloat.ie, Galway Bay can expect to welcome at least nine cruise visits thus year, with the first scheduled to arrive late next month.

Walsh added: "Galway is an incredibly attractive city, and if we can make it accessible to the major players in the cruise-line market, the impact on the local economy would be immense.”

Galway Harbour Company CEO Eamon Bradshaw said that the port project had "illicited quite a bit of interest" when the company presented at the recent Chinese-Ireland Relations conference at NUI Galway.

"We’re confident that we do have a lot to offer and we are confident that an investor will come on board."

The Galway Independent has more on the story HERE.

Published in Galway Harbour

#NEWS UPDATE - Minister for the Marine Simon Coveney has launched a public consultation process on harnessing the potential of Ireland's vast marine resources.

Our Ocean Wealth is calling for input into how Ireland can best capitalise on the trillion-euro global market for marine products and services, from seafood and tourism to shipping, oil and gas, renewable ocean energy and marine science.

Launching the consultation, Minister Coveney said: "We need to change the way we in Ireland think about the sea and look for new opportunities to harness the potential of our 220-million-acre marine resource.

"This government is determined to generate the momentum to drive forward a new era of sustainable economic development across the maritime sectors - we must avail of these opportunities to assist in our recovery. We want your help to shape our plan, to shape our future and to assist in our drive towards our nation's economic recovery."

The consultation process is a step towards developing an Integrated Marine Plan for Ireland intended to grow the percentage of GDP generated by the country's marine resource, which covers an area 10 times the size of Ireland's land mass.

The minister added: "We need an Integrated Marine Plan to harness our ocean wealth, get the environment right for investment and use the potential of our marine economy to create jobs in a sustainable manner."

The consultation phase will be open until 31 March with an aim to publish the Integrated Marine Plan during the summer. For more details visit www.ouroceanwealth.ie.

Published in News Update
Page 1 of 2

About Dublin Port 

Dublin Port is Ireland’s largest and busiest port with approximately 17,000 vessel movements per year. As well as being the country’s largest port, Dublin Port has the highest rate of growth and, in the seven years to 2019, total cargo volumes grew by 36.1%.

The vision of Dublin Port Company is to have the required capacity to service the needs of its customers and the wider economy safely, efficiently and sustainably. Dublin Port will integrate with the City by enhancing the natural and built environments. The Port is being developed in line with Masterplan 2040.

Dublin Port Company is currently investing about €277 million on its Alexandra Basin Redevelopment (ABR), which is due to be complete by 2021. The redevelopment will improve the port's capacity for large ships by deepening and lengthening 3km of its 7km of berths. The ABR is part of a €1bn capital programme up to 2028, which will also include initial work on the Dublin Port’s MP2 Project - a major capital development project proposal for works within the existing port lands in the northeastern part of the port.

Dublin Port has also recently secured planning approval for the development of the next phase of its inland port near Dublin Airport. The latest stage of the inland port will include a site with the capacity to store more than 2,000 shipping containers and infrastructures such as an ESB substation, an office building and gantry crane.

Dublin Port Company recently submitted a planning application for a €320 million project that aims to provide significant additional capacity at the facility within the port in order to cope with increases in trade up to 2040. The scheme will see a new roll-on/roll-off jetty built to handle ferries of up to 240 metres in length, as well as the redevelopment of an oil berth into a deep-water container berth.

Dublin Port FAQ

Dublin was little more than a monastic settlement until the Norse invasion in the 8th and 9th centuries when they selected the Liffey Estuary as their point of entry to the country as it provided relatively easy access to the central plains of Ireland. Trading with England and Europe followed which required port facilities, so the development of Dublin Port is inextricably linked to the development of Dublin City, so it is fair to say the origins of the Port go back over one thousand years. As a result, the modern organisation Dublin Port has a long and remarkable history, dating back over 300 years from 1707.

The original Port of Dublin was situated upriver, a few miles from its current location near the modern Civic Offices at Wood Quay and close to Christchurch Cathedral. The Port remained close to that area until the new Custom House opened in the 1790s. In medieval times Dublin shipped cattle hides to Britain and the continent, and the returning ships carried wine, pottery and other goods.

510 acres. The modern Dublin Port is located either side of the River Liffey, out to its mouth. On the north side of the river, the central part (205 hectares or 510 acres) of the Port lies at the end of East Wall and North Wall, from Alexandra Quay.

Dublin Port Company is a State-owned commercial company responsible for operating and developing Dublin Port.

Dublin Port Company is a self-financing, and profitable private limited company wholly-owned by the State, whose business is to manage Dublin Port, Ireland's premier Port. Established as a corporate entity in 1997, Dublin Port Company is responsible for the management, control, operation and development of the Port.

Captain William Bligh (of Mutiny of the Bounty fame) was a visitor to Dublin in 1800, and his visit to the capital had a lasting effect on the Port. Bligh's study of the currents in Dublin Bay provided the basis for the construction of the North Wall. This undertaking led to the growth of Bull Island to its present size.

Yes. Dublin Port is the largest freight and passenger port in Ireland. It handles almost 50% of all trade in the Republic of Ireland.

All cargo handling activities being carried out by private sector companies operating in intensely competitive markets within the Port. Dublin Port Company provides world-class facilities, services, accommodation and lands in the harbour for ships, goods and passengers.

Eamonn O'Reilly is the Dublin Port Chief Executive.

Capt. Michael McKenna is the Dublin Port Harbour Master

In 2019, 1,949,229 people came through the Port.

In 2019, there were 158 cruise liner visits.

In 2019, 9.4 million gross tonnes of exports were handled by Dublin Port.

In 2019, there were 7,898 ship arrivals.

In 2019, there was a gross tonnage of 38.1 million.

In 2019, there were 559,506 tourist vehicles.

There were 98,897 lorries in 2019

Boats can navigate the River Liffey into Dublin by using the navigational guidelines. Find the guidelines on this page here.

VHF channel 12. Commercial vessels using Dublin Port or Dun Laoghaire Port typically have a qualified pilot or certified master with proven local knowledge on board. They "listen out" on VHF channel 12 when in Dublin Port's jurisdiction.

A Dublin Bay webcam showing the south of the Bay at Dun Laoghaire and a distant view of Dublin Port Shipping is here
Dublin Port is creating a distributed museum on its lands in Dublin City.
 A Liffey Tolka Project cycle and pedestrian way is the key to link the elements of this distributed museum together.  The distributed museum starts at the Diving Bell and, over the course of 6.3km, will give Dubliners a real sense of the City, the Port and the Bay.  For visitors, it will be a unique eye-opening stroll and vista through and alongside one of Europe’s busiest ports:  Diving Bell along Sir John Rogerson’s Quay over the Samuel Beckett Bridge, past the Scherzer Bridge and down the North Wall Quay campshire to Berth 18 - 1.2 km.   Liffey Tolka Project - Tree-lined pedestrian and cycle route between the River Liffey and the Tolka Estuary - 1.4 km with a 300-metre spur along Alexandra Road to The Pumphouse (to be completed by Q1 2021) and another 200 metres to The Flour Mill.   Tolka Estuary Greenway - Construction of Phase 1 (1.9 km) starts in December 2020 and will be completed by Spring 2022.  Phase 2 (1.3 km) will be delivered within the following five years.  The Pumphouse is a heritage zone being created as part of the Alexandra Basin Redevelopment Project.  The first phase of 1.6 acres will be completed in early 2021 and will include historical port equipment and buildings and a large open space for exhibitions and performances.  It will be expanded in a subsequent phase to incorporate the Victorian Graving Dock No. 1 which will be excavated and revealed. 
 The largest component of the distributed museum will be The Flour Mill.  This involves the redevelopment of the former Odlums Flour Mill on Alexandra Road based on a masterplan completed by Grafton Architects to provide a mix of port operational uses, a National Maritime Archive, two 300 seat performance venues, working and studio spaces for artists and exhibition spaces.   The Flour Mill will be developed in stages over the remaining twenty years of Masterplan 2040 alongside major port infrastructure projects.

Source: Dublin Port Company ©Afloat 2020.