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Dublin Port Expected to Reach Record Trade in 2014

9th October 2014
Dublin Port Expected to Reach Record Trade in 2014

#DublinPort - Dublin Port is expecting record trade figures in 2014 on foot of rising passenger levels and that of overall freight throughput.

Third quarter results for 2014 show strong growth in the first nine months as the port saw a 7.3% increase in export and import trade as well to a 5.5% rise in ferry passenger numbers. To put into context this equates to over 635,000 passengers passing through the port (July-September) compared to the same period last year. So far the total for 2014 has reached 1,367,724 passengers.

According to the port company, trade levels continue to increase with total throughput (imports and exports) for Q3 up 5.7% to 7.8 million tonnes.

Total throughput for the year to date was 23.1 million tonnes, representing a 7.3% increase on the same nine month period last year. Compare this to levels in 2007 which had reached 23.6 million tonnes in Q3 of that year, during the height of Ireland's economic activity. With growth in trade set to continue in the coming quarter, 2014 is expected to be a record year for trade at the port.

Eamonn O'Reilly, Chief Executive, Dublin Port Company, said: "The figures for the third quarter show continued growth in trade levels at Dublin Port, with increases across the main areas of our business including import, export, trade vehicle and ferry passenger numbers. With 7.3% growth in total throughput for the year so far, Dublin Port is now on course to exceed the record trading figures recorded in 2007."

Imports for Q3 in 2014 reached over 4.6 million tonnes, while exports amounted to 3.1 million tonnes, representing an increase of 5.5% and 6.1% respectively on the same period last year.

High levels of growth were recorded for trade vehicles, mostly new cars destined for dealerships around the country. There were 14,802 new trade vehicles in Q3, up 48.8% on the same quarter last year. This brings the total number of trade vehicles so far this year to 58,399, up 29.8% on the 44,987 that arrived in the first nine months of 2013.

The figures in this sector underscore the 23% growth in car sales in Ireland published for the first half of the year, which represents more than the total number of sales for all of 2013.

There was particularly strong growth in Lo-Lo sector, which predominantly comprises consumer goods. In Q3, Lo-Lo twenty foot equivalent units (TEU) amounted to 145,374 TEU, bringing the total number of Lo-Lo units so far this year to 418,867 TEU, a 9.4% increase compared to the same period last year.

Operations in Ro-Ro sector also achieved strong results with 210,365 units recorded in Q3, up 7.0% on Q3 2013. This brought the total for the first nine months to 609,775 units, a 7.9% increase compared to the same period last year.

Commenting on the results, Minister for Transport, Paschal Donohoe T.D. said: "Dublin Port has an important role to play at the heart of the national and local economy, facilitating the effective movement of goods to and from the island".

"Today's trading figures show the resilience of the Irish economy and I commend Dublin Port Company on its strong trading performance in the third quarter and year to date. As a barometer of economic growth, the figures point to a very promising year for 2014 with strong increases in both throughput and ferry passenger numbers already evident. This is very welcome news indeed."

As previously reported, the port plans for an €200m expansion, the Alexandra Basin Redevelopment Project which would also require deepening of the channel to accommodate bigger ships, which was discussed at a An Bord Planeala hearing yesterday.

 

Published in Dublin Port
Jehan Ashmore

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Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals. 

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About Dublin Port 

Dublin Port is Ireland’s largest and busiest port with approximately 17,000 vessel movements per year. As well as being the country’s largest port, Dublin Port has the highest rate of growth and, in the seven years to 2019, total cargo volumes grew by 36.1%.

The vision of Dublin Port Company is to have the required capacity to service the needs of its customers and the wider economy safely, efficiently and sustainably. Dublin Port will integrate with the City by enhancing the natural and built environments. The Port is being developed in line with Masterplan 2040.

Dublin Port Company is currently investing about €277 million on its Alexandra Basin Redevelopment (ABR), which is due to be complete by 2021. The redevelopment will improve the port's capacity for large ships by deepening and lengthening 3km of its 7km of berths. The ABR is part of a €1bn capital programme up to 2028, which will also include initial work on the Dublin Port’s MP2 Project - a major capital development project proposal for works within the existing port lands in the northeastern part of the port.

Dublin Port has also recently secured planning approval for the development of the next phase of its inland port near Dublin Airport. The latest stage of the inland port will include a site with the capacity to store more than 2,000 shipping containers and infrastructures such as an ESB substation, an office building and gantry crane.

Dublin Port Company recently submitted a planning application for a €320 million project that aims to provide significant additional capacity at the facility within the port in order to cope with increases in trade up to 2040. The scheme will see a new roll-on/roll-off jetty built to handle ferries of up to 240 metres in length, as well as the redevelopment of an oil berth into a deep-water container berth.

Dublin Port FAQ

Dublin was little more than a monastic settlement until the Norse invasion in the 8th and 9th centuries when they selected the Liffey Estuary as their point of entry to the country as it provided relatively easy access to the central plains of Ireland. Trading with England and Europe followed which required port facilities, so the development of Dublin Port is inextricably linked to the development of Dublin City, so it is fair to say the origins of the Port go back over one thousand years. As a result, the modern organisation Dublin Port has a long and remarkable history, dating back over 300 years from 1707.

The original Port of Dublin was situated upriver, a few miles from its current location near the modern Civic Offices at Wood Quay and close to Christchurch Cathedral. The Port remained close to that area until the new Custom House opened in the 1790s. In medieval times Dublin shipped cattle hides to Britain and the continent, and the returning ships carried wine, pottery and other goods.

510 acres. The modern Dublin Port is located either side of the River Liffey, out to its mouth. On the north side of the river, the central part (205 hectares or 510 acres) of the Port lies at the end of East Wall and North Wall, from Alexandra Quay.

Dublin Port Company is a State-owned commercial company responsible for operating and developing Dublin Port.

Dublin Port Company is a self-financing, and profitable private limited company wholly-owned by the State, whose business is to manage Dublin Port, Ireland's premier Port. Established as a corporate entity in 1997, Dublin Port Company is responsible for the management, control, operation and development of the Port.

Captain William Bligh (of Mutiny of the Bounty fame) was a visitor to Dublin in 1800, and his visit to the capital had a lasting effect on the Port. Bligh's study of the currents in Dublin Bay provided the basis for the construction of the North Wall. This undertaking led to the growth of Bull Island to its present size.

Yes. Dublin Port is the largest freight and passenger port in Ireland. It handles almost 50% of all trade in the Republic of Ireland.

All cargo handling activities being carried out by private sector companies operating in intensely competitive markets within the Port. Dublin Port Company provides world-class facilities, services, accommodation and lands in the harbour for ships, goods and passengers.

Eamonn O'Reilly is the Dublin Port Chief Executive.

Capt. Michael McKenna is the Dublin Port Harbour Master

In 2019, 1,949,229 people came through the Port.

In 2019, there were 158 cruise liner visits.

In 2019, 9.4 million gross tonnes of exports were handled by Dublin Port.

In 2019, there were 7,898 ship arrivals.

In 2019, there was a gross tonnage of 38.1 million.

In 2019, there were 559,506 tourist vehicles.

There were 98,897 lorries in 2019

Boats can navigate the River Liffey into Dublin by using the navigational guidelines. Find the guidelines on this page here.

VHF channel 12. Commercial vessels using Dublin Port or Dun Laoghaire Port typically have a qualified pilot or certified master with proven local knowledge on board. They "listen out" on VHF channel 12 when in Dublin Port's jurisdiction.

A Dublin Bay webcam showing the south of the Bay at Dun Laoghaire and a distant view of Dublin Port Shipping is here
Dublin Port is creating a distributed museum on its lands in Dublin City.
 A Liffey Tolka Project cycle and pedestrian way is the key to link the elements of this distributed museum together.  The distributed museum starts at the Diving Bell and, over the course of 6.3km, will give Dubliners a real sense of the City, the Port and the Bay.  For visitors, it will be a unique eye-opening stroll and vista through and alongside one of Europe’s busiest ports:  Diving Bell along Sir John Rogerson’s Quay over the Samuel Beckett Bridge, past the Scherzer Bridge and down the North Wall Quay campshire to Berth 18 - 1.2 km.   Liffey Tolka Project - Tree-lined pedestrian and cycle route between the River Liffey and the Tolka Estuary - 1.4 km with a 300-metre spur along Alexandra Road to The Pumphouse (to be completed by Q1 2021) and another 200 metres to The Flour Mill.   Tolka Estuary Greenway - Construction of Phase 1 (1.9 km) starts in December 2020 and will be completed by Spring 2022.  Phase 2 (1.3 km) will be delivered within the following five years.  The Pumphouse is a heritage zone being created as part of the Alexandra Basin Redevelopment Project.  The first phase of 1.6 acres will be completed in early 2021 and will include historical port equipment and buildings and a large open space for exhibitions and performances.  It will be expanded in a subsequent phase to incorporate the Victorian Graving Dock No. 1 which will be excavated and revealed. 
 The largest component of the distributed museum will be The Flour Mill.  This involves the redevelopment of the former Odlums Flour Mill on Alexandra Road based on a masterplan completed by Grafton Architects to provide a mix of port operational uses, a National Maritime Archive, two 300 seat performance venues, working and studio spaces for artists and exhibition spaces.   The Flour Mill will be developed in stages over the remaining twenty years of Masterplan 2040 alongside major port infrastructure projects.

Source: Dublin Port Company ©Afloat 2020.