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#PORT & SHIPPING NEWS - The Port of Cork is scaling-down its plans for a new container terminal in Ringaskiddy, according to the Irish Examiner.
The new plan is "significantly scaled back" from the €220 million containter terminal proposal for Oysterbank, which was rejected at appeals stage two years ago.
Port officials hope to submit the new application under the Strategic Infrastructure Act, which means the decision will be made by An Bord Pleanála and not Cork County Council.
Officials are already in consultation with the planning board and interest groups around Cork Harbour to eliminate any issues before proceeding with the new scheme, which will be half the size of the previous plan and will involve less land reclamation.
Expected upgrades to the roads infrastructure in the area will also have an impact on the new proposals.
The €100 million plan would be constructed over four phases, to be fully operational by 2020.
The Irish Examiner has much more on the story HERE.

#PORT & SHIPPING NEWS - The Port of Cork is scaling down its plans for a new container terminal in Ringaskiddy, according to the Irish Examiner.

The new plan is "significantly scaled back" from the €220 million containter terminal proposal for Oysterbank, which was rejected at appeals stage two years ago.

Port officials hope to submit the new application under the Strategic Infrastructure Act, which means the decision will be made by An Bord Pleanála and not Cork County Council.

Officials are already in consultation with the planning board and interest groups around Cork Harbour to eliminate any issues before proceeding with the new scheme, which will be half the size of the previous plan and will involve less land reclamation.

Expected upgrades to the roads infrastructure in the area will also have an impact on the new proposals.

The €100 million plan would be constructed over four phases, to be fully operational by 2020.

The Irish Examiner has much more on the story HERE.

Published in Port of Cork

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.