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Displaying items by tag: Londonderry Port Harbour Commissioners

#FoylePort – Londonderry Port and Harbour Commissioners have announced that shipping through the port increased by 27% over the past year leading to before tax profits of over £1.2m.

Chairman of Londonderry Port and Harbour Commissioner Mr Garvan O'Doherty announced an excellent set of results for the year 2012 – 13 at the harbour commissioners recent annual general meeting.

Mr O'Doherty described the past year as a momentous one for the Port. "I was particularly proud of our role in the Clipper and Return of Colmcille events in the summer of 2012 and 2013. The development of marina infrastructure in the city centre – on time and on budget – provided a platform for the Clipper event which will live long in the memory of our citizens.

He added "Through Clipper and The Return of Colmcille, we worked alongside the key stakeholders in the city, and demonstrated that tapping into the potential of the Foyle helps to showcase the best this city has to offer."

"Over this period, the port's profile has been further enhanced by our sponsorship and support of City of Culture events such as the Return of Colmcille pageant – for which we provided technical marine support – and Fleadh Cheoil na hÉireann, which transfixed huge crowds here this summer. These events have greatly cemented the Port's reputation and we have also been proud to play a role in developing the marine aspects of what is now a formidable infrastructure for future tourism and economic development."

The recent announcement of £80 million of inward investment by Evermore Renewable Energy into the Port's land bank marks a major step forward for the Commissioners and the North West region, added Mr O'Doherty. "The location of the project at our Foyle Port facility is a major endorsement of the Port's ability to deliver large scale projects for the Region. It is also a validation of the Commissioners' decision, some years ago, to invest heavily in Port fixed assets and broaden its range of activities."

Outlining the annual results in greater details, Port Chief Executive Brian McGrath said the accounts contained in this annual report "reflect on ever improving operational performance with turnover of £6,412,615 with profit on ordinary activities before taxation of £1,225,218. This represents a significant increase in turnover driven by a 27% increase in tonnage handled. We are particularly grateful to all our customers and staff for their ongoing support."

"This is the last report which will be presented under the current Chairman's leadership. On behalf of the Commissioners we wish to publicly thank Garvan for his dynamic leadership and passion for the work of the Port and Harbour.

His fifteen years' service as Commissioner, Deputy Chairman and Chairman marks a distinguished career in Public Service and he leaves a strong legacy for the future."

 

Published in Ports & Shipping
Dredging work continues on the new ferryport terminal at Old House Point, close to the ferryports of Cairnryan and Stranrear on Loch Ryan, writes Jehan Ashmore.

The £200m development by Stena Line of the new Scottish ferryport will eventually see ferry services relocate from Stranrear to Old House Point. The current Stena Line service between Stranrear-Belfast is in competiton with P&O (Irish Sea)'s Cairnryan-Larne route.

The dredgers 'Argos' and 'Lough Foyle' operated by Londonderry Port Harbour Commissioners (LPHC) began the contract with PP McWilliams in March last year and are due to finish the dredging work by the end of this year. The project has created up to 900 jobs and the move of ports is to safeguard 500 seafaring employees when the terminal is due for completion in 2011.

Published in Ports & Shipping

Ferry & Car Ferry News The ferry industry on the Irish Sea, is just like any other sector of the shipping industry, in that it is made up of a myriad of ship operators, owners, managers, charterers all contributing to providing a network of routes carried out by a variety of ships designed for different albeit similar purposes.

All this ferry activity involves conventional ferry tonnage, 'ro-pax', where the vessel's primary design is to carry more freight capacity rather than passengers. This is in some cases though, is in complete variance to the fast ferry craft where they carry many more passengers and charging a premium.

In reporting the ferry scene, we examine the constantly changing trends of this sector, as rival ferry operators are competing in an intensive environment, battling out for market share following the fallout of the economic crisis. All this has consequences some immediately felt, while at times, the effects can be drawn out over time, leading to the expense of others, through reduced competition or takeover or even face complete removal from the marketplace, as witnessed in recent years.

Arising from these challenging times, there are of course winners and losers, as exemplified in the trend to run high-speed ferry craft only during the peak-season summer months and on shorter distance routes. In addition, where fastcraft had once dominated the ferry scene, during the heady days from the mid-90's onwards, they have been replaced by recent newcomers in the form of the 'fast ferry' and with increased levels of luxury, yet seeming to form as a cost-effective alternative.

Irish Sea Ferry Routes

Irrespective of the type of vessel deployed on Irish Sea routes (between 2-9 hours), it is the ferry companies that keep the wheels of industry moving as freight vehicles literally (roll-on and roll-off) ships coupled with motoring tourists and the humble 'foot' passenger transported 363 days a year.

As such the exclusive freight-only operators provide important trading routes between Ireland and the UK, where the freight haulage customer is 'king' to generating year-round revenue to the ferry operator. However, custom built tonnage entering service in recent years has exceeded the level of capacity of the Irish Sea in certain quarters of the freight market.

A prime example of the necessity for trade in which we consumers often expect daily, though arguably question how it reached our shores, is the delivery of just in time perishable products to fill our supermarket shelves.

A visual manifestation of this is the arrival every morning and evening into our main ports, where a combination of ferries, ro-pax vessels and fast-craft all descend at the same time. In essence this a marine version to our road-based rush hour traffic going in and out along the commuter belts.

Across the Celtic Sea, the ferry scene coverage is also about those overnight direct ferry routes from Ireland connecting the north-western French ports in Brittany and Normandy.

Due to the seasonality of these routes to Europe, the ferry scene may be in the majority running between February to November, however by no means does this lessen operator competition.

Noting there have been plans over the years to run a direct Irish –Iberian ferry service, which would open up existing and develop new freight markets. Should a direct service open, it would bring new opportunities also for holidaymakers, where Spain is the most visited country in the EU visited by Irish holidaymakers ... heading for the sun!