Menu

Ireland's sailing, boating & maritime magazine

Displaying items by tag: 2020 Vision

At the top of the agenda at New Ross Chamber is to attract a major company, writes Independent.ie

The executive group met in New Ross on Tuesday and during a lengthy meeting four priorities were outlined. Chamber President Sean Reidy said these include attracting a major company to the town within four years, local stakeholders taking back ownership of the port, getting a large new hotel for the town and attracting a major retailer to open a shop in the town centre.

Mr Reidy said stevedores at New Ross Port are seeking to have more of a say in its running, after it was announced earlier this year that Waterford Port was being lined up to take control of its operations. 'The future development of the port is a big priority as the port has a big say in New Ross and in the stakeholders in New Ross. There is the issue of it going to Waterford but we have views on that and we have stakeholders on our board who are currently in discussions with the county manager about running the port. I would hope a way could be found. On the one hand it can't be in the hands of private enterprise. We would be really emphasising our fear that will Waterford promote New Ross in the way we want it promoted. We feel New Ross stakeholders need to have a say in how it is run going forward and we are supporting the stakeholders in the town in those discussions.

Published in Irish Ports

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.