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Executives at Dublin Port Company have agreed to appear before an Oireachtas committee to answer questions about expenditure on company credit cards and hospitality at the State-owned company.

According to The Irish Times, on Friday the Oireachtas committee on transport, tourism and sport invited executives at the country’s busiest port to discuss a number of issues, including the recent revelations around expenditure.

It emerged just over a week ago that the port managers at the company spent more than €500,000 last year on flights, restaurants and entertainment on 22 credit cards. The expenditure included almost €95,000 on the credit card of the port company’s chief executive, Eamonn O’Reilly.

The board of the port company has asked accountants Mazars to carry out an external review of credit-card expenditure and hospitality to confirm that it is “both appropriate and properly authorised”.

Click this link for more on the controversy. Click this link to read the statement by Dublin Port on the matter.

Published in Dublin Port

Dublin Port Company has welcomed RMR Shipping's new increased frequency of its service to West Africa, from a monthly to fortnightly service starting next month, writes Jehan Ashmore.

The direct service which began in 2009 using a single vessel from the capital to Nigeria, Ghana with calls to Lagos and Takoradi, is set to gain a second ship as demand for the service rises.

Two 157-trailer capacity ro-ro sisters are to be deployed on the route, they are the 23,000 gross tonnes sisters Celandine and Celestine. The Belgium-flagged pair both built in 2000 will take 18-days to transit between Dublin and Ghana.

The next sailing to Dublin is due on 5 July when the Celandine (PHOTO) is to dock at berth 51a, which is one of three berths located in the ports multi-user ferryport Terminal 1, shared by Irish Ferries, Stena Line and seasonal services of the Isle of Man Steam Packet Company.

Commenting on the development, Eamonn O'Reilly, Chief Executive Dublin Port Company said: "We are delighted with this development. Anything which increases the link between Ireland and emerging economies beyond Europe has got to be good for exports.

He added, "The service to Takoradi complements our involvement with Irish Aid from 2008 to 2010 in delivering an international training programme for ports in emerging countries including Ghana. The TrainForTrade programme was delivered with UNCTAD and we are hopeful of being able to announce a follow-up to the first programme in the coming months.

The development of RMR Shipping on the direct sea freight link was also welcomed by the Irish Exporters Association (IEA) whose chief executive John Whelan commented that exports to Nigeria last year exceeded €200m, the second largest market for Irish goods into Africa.

Published in Dublin Port

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.