Displaying items by tag: Treasury Holdings
Bremore Survey Indicates New Push for Port Development
Drogheda Port Company is seeking tenders to carry out geological investigations off Bremore Head near Balbriggan, the Sunday Business Post reports.
The port company and partner Treasury Holdings had been working with Hong Kong-based Hutchison Whampoa on plans for a new port in the north Co Dublin area, set to have a starting freight capacity of 10 million tons per year.
Treasury Holdings says the survey is intended to help avoid developing on a location that could interfere with historic sites, after An Taisce voiced its opposition to any port scheme that would impact on an archaeologial site running from Bremore to the mouth of the River Delvin.
An Taisce is also opposed to another proposed site at Gormanston.
Drogheda Port Company CEO Paul Fleming could not be contacted by the Sunday Business Post to comment on whether the tender indicates a decision to move forward with plans for a port at Bremore.
Minister for Transport Leo Varadkar said he supported the bid to develop a new facility at Bremore, after a previous move to extend the boundaries of Drogheda port were halted by legislative limits that have since been amended.
The Sunday Business Post has more on the story HERE.
