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Displaying items by tag: strongest market

International tourists of nearly 900,000 visited Ireland in September, down 9% on the same month in 2019.

New figures from the Irish Tourism Industry Confederation (ITIC) show so far this year, visitor numbers are down 20%.

338,000 people visited from continental Europe last month, down 5% on 2019 - making it the strongest performing market.

Meanwhile, the North American market continued to recover, with 230,000 visitors during the month.

The ITIC said it was concerned that the recovery of the sector would be threatened by soaring cost inflation, the energy crisis and supply constraints.

RTE News has more from the ITIC

Published in News Update

About Foyle Port

Foyle Port, located in the North West region of Northern Ireland, is estimated to handle around 2 million tonnes of cargo per year, with a trade value of approximately £1 billion. The port plays a crucial role in facilitating the import of essential agri-products, supporting around 20,000 farms in the region, as well as various local business sectors such as fuel/oil and construction industries. The organisation supports an estimated 1000 direct and indirect jobs.

Originally located in the bustling heart of Derry City, the Commissioners relocated the port to its current deep-water location at Lisahally in 1993. The terminal boasts an impressive 440 metres of quay and can accommodate large vessels of up to 62,000 DWT. Foyle Port is primarily a bulk port and a significant importer of essential commodities such as oil, coal, animal feed, fertiliser, and plywood, all of which are vital for the North West rural region.

Since 2003, the organisation has experienced significant growth, doubling both turnover and profit and attracting approximately £100 million of inward investment to the region. This investment has supported projects, including a fertiliser plant, an oil tank farm, and a biomass power station.

Established by Act of Parliament in 1854, the Londonderry Port & Harbour Commissioners is an independent statutory authority with a duty to develop, maintain and operate to the highest standards of efficiency, financial prudence, environmental awareness, safety, and security. The Port is independent of the Government and is self-financing. All financial surpluses are reinvested in the business for the benefit of future generations of stakeholders.