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Displaying items by tag: SFPC handles €76bn trade

#TradeReport - More than €7 billion in trade every year was handled by Shannon Foynes Port Company, according to a report commissioned by the State company that runs mid-western harbour, writes The Irish Times.

Research by W2 Consulting, based on 2014 figures from the port itself and 31 companies using it, shows that it is worth €1.9 billion to the wider economy and handles €7.6 billion in trade annually.

It also shows that Shannon Foynes Port Company and its customers plan to spend €277 million between them over the five years to 2019, which will support 3,372 jobs in the region.

The port company intends to spend €130 million on an expansion plan, dubbed Vision 2041 , that will exploit advantages such as its deep water and sheltered harbours to develop an international trade hub there.

For much more including video featuring Chief Executive, Pat Keating, click here.

Published in Shannon Estuary

About Warrenpoint Port

The Original Port of Warrenpoint was constructed in the late 1770s and acted as a lightering port for the much larger Port of Newry.

Following the demise of Newry Port Warrenpoint Harbour Authority was created as a Trust Port by legislation in 1971. The modern Port was completed in 1974 when it covered 28 acres. Since then the port has expanded to its current size of approximately 53 Acres. The Authority has just completed a £22 Million capital infrastructure project (under the terms of a Service of General Economic Interest with the Department for Regional Development) that includes, the construction of a 300 Metres of Deep Water Quay (7.5 Metres C.D), new Ro-Ro berthing facilities, additional lands and covered storage facilities and a new 100 Tonne mobile crane.

  • Warrenpoint Port is the second largest port in Northern Ireland and the fifth-biggest on the island of Ireland.
  • Warrenpoint Harbour Authority was created as a Trust Port by legislation in 1971.
  • In 2018, the value of goods moving through Warrenpoint Port was £6.5 billion. The Port handled 3.56 million tonnes in 2017, increasing to 3.6m in 2018.
  • The port employs 70 staff directly and supports over 1,500 in the local economy.
  • In addition to serving the markets in Great Britain and the Republic of Ireland, the Port deals with imports and exports from countries and regions across the world including to Spain, Italy, Sweden, Belgium, Germany, Ukraine and the Americas.

 

At A Glance – Warrenpoint Port

  • Warrenpoint, Newry BT34 3JR, United Kingdom Phone: +44 28 4177 3381

     

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