Displaying items by tag: Turnover €6m
Turnover rose to almost €6m last year at the Port of Galway, following strong growth in shipping operations linked to transporting inbound components used for onshore based wind projects.
The revenue generated by the port, recently awarded European TEN-T status, have expanded significantly over the last few years due to its involvement in the delivery of renewable energy projects.
Speaking to the Business Post, the port’s Chief Executive, Conor O’Dowd said the port has been key to the completion of several onshore wind energy projects, which combined has also created 150 megawatts.
O’Dowd highlighted that one current project that the Port of Galway is involved with is the Yellow River Wind Farm, a SSE Renewables project to generate 100 megawatt at the facility in Co. Offaly.
He added “from June 2022 to June 2024, we'll do about 350 megawatts through the port. That's a very significant part of Irish energy infrastructure,”.
Asides the port handling wind-turbines, typical cargoes as Afloat has reported include imports in petroleum products and refuse derived fuel (RDF), bitumen and exports in scrap steel, limestone and project cargo.
For more details of the financial year and TEN-T, the Businees Post reports.
