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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 Marine Technology

Marine technology, as defined by the European association WEGEMT, refers to the use of technology for ensuring the safe use, exploitation, protection of, and intervention in, the marine environment. This includes a wide range of technologies that support naval architecture, marine engineering, ship design, ship building, and ship operations.

In addition to these foundational technologies, marine technology also encompasses oil and gas exploration, exploitation, and production, hydrodynamics, navigation, sea surface and sub-surface support, underwater technology and engineering, marine resources (including both renewable and non-renewable marine resources), transport logistics and economics, inland, coastal, short sea and deep sea shipping, protection of the marine environment, and leisure and safety.

The importance of marine technology cannot be overstated. With over 70% of the earth's surface covered by water, the marine environment plays a critical role in our lives. From transportation to energy production, marine technology enables us to harness the immense potential of the oceans while minimizing the impact on the environment.

Moreover, the development of marine technology is crucial for the sustainable use of marine resources. As the demand for seafood and other marine products continues to grow, the sustainable management of these resources becomes increasingly important. Marine technology can help us to achieve this by providing innovative solutions for sustainable fishing, aquaculture, and other forms of marine resource management.

In Ireland, claims are made that the island country "has the potential to be the “Silicon Valley” of the aquatech world". Ireland is at a very exciting stage when it comes to aquatech. There are currently 62 aquatech companies operating here, all using technology to enable sustainable seafood farming at a time when the sector is facing many challenges.”

Ireland’s growing expertise in the developing aquatech sector means it has the potential to become a global leader in the field, with Irish aquatech companies turning over €200m last year.

Over €15m has been invested in aquatic businesses, and over 200 high-tech jobs have been created in the sector over the last six years.

In conclusion, marine technology is a vast and rapidly evolving field encompassing a broad range of technologies and applications. As we continue to explore and exploit the potential of the oceans, marine technology will play an increasingly important role in ensuring the safe and sustainable use of these resources.