Ireland's sailing, boating & maritime magazine

In association with ISA Logo Irish Sailing

Future Sale Won't Affect Belfast Harbour Trade Says Director

10th August 2015
Future Sale Won't Affect Belfast Harbour Trade Says Director

#BelfastHarbour - Belfast Harbour's "robust" trade will not be affected by any potential future sale, its commercial director has told BBC News.

Joe O'Neill says the currently publicly owned harbour is run "very much in a private sector mode today... [If the harbour was sold] I don't believe there would be a substantial difference to the business in how we perform it on a day and daily basis."

According to the BBC, any future sale of the harbour on Belfast Lough could mean a £400 million windfall for Stormont from its split of the proceeds.

Last month the harbour report record profits and turnover as Belfast celebrated the hosting of the Tall Ships Festival.

And the port company also committed to investing £120 million in new infrastructure projects over the next three years.

Turnover and pre-tax profits in 2014 both saw a jump that was mirrored by a rise in trade volume, especially in freight traffic.

Earlier this year the harbour's new chairman David Dobbin said he was "committed to ensuring that Belfast continues to be the most modern and efficient port on the island [of Ireland]."

Published in Belfast Lough
MacDara Conroy

About The Author

MacDara Conroy

Email The Author

MacDara Conroy is a contributor covering all things on the water, from boating and wildlife to science and business

We've got a favour to ask

More people are reading than ever thanks to the power of the internet but we're in stormy seas because advertising revenues across the media are falling fast. Unlike many news sites, we haven’t put up a paywall because we want to keep our marine journalism open. is Ireland's only full–time marine journalism team and it takes time, money and hard work to produce our content.

So you can see why we need to ask for your help.

If everyone chipped in, we can enhance our coverage and our future would be more secure. You can help us through a small donation. Thank you.

Direct Donation to Afloat button

Featured Sailing School

INSS sidebutton

Featured Clubs

dbsc mainbutton
Howth Yacht Club
Kinsale Yacht Club
National Yacht Club
Royal Cork Yacht Club
Royal Irish Yacht club
Royal Saint George Yacht Club

Featured Brokers

mgm sidebutton
bjmarine sidebutton
xyachts sidebutton

Featured Associations

ISA sidebutton
isora sidebutton

Featured Events

tokyo sidebutton
sovscup sidebutton
vdlr sidebutton

Featured Chandleries

CHMarine Afloat logo
osm sidebutton
viking sidebutton

Featured Sailmakers

northsails sidebutton
uksails sidebutton

Featured Marinas

dlmarina sidebutton

Featured Blogs

W M Nixon - Sailing on Saturday
podcast sidebutton
BSB sidebutton
sellingboat sidebutton

Please show your support for Afloat by donating