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Displaying items by tag: AgriProducts

Cargo volumes through the port of Drogheda have increased by 4% in 2010 compared to 2009 levels, notably due to the importation of agri-products. The rise in traffic figures recorded by the Drogheda Port Company, provides some positive economic news.
On the export front, the Co. Louth port performed well last year, particularly with increased volumes in cement and magnesite, bringing a boost to the local economy. In addition there was an un-expected and unique trade in potatoes, following a severe drought that gripped the Russian Federation.The inaugural shipment of over 2,500 tonnes was loaded on board the M.V. Blankenese in mid-November. The vessel sailed to St. Petersberg where a further three such shipments took place.

In order to facilitate the recovery of the economy, ports with increased capacity will play a vital strategic role in expanding export-driven trade. Plans by the Drogheda Port Company to the development of a proposed new port at Bremore in north Co. Dublin, remain a key objective of the company, with a planning application currently in preparation.

Published in Ports & Shipping

About Foyle Port

Foyle Port, located in the North West region of Northern Ireland, is estimated to handle around 2 million tonnes of cargo per year, with a trade value of approximately £1 billion. The port plays a crucial role in facilitating the import of essential agri-products, supporting around 20,000 farms in the region, as well as various local business sectors such as fuel/oil and construction industries. The organisation supports an estimated 1000 direct and indirect jobs.

Originally located in the bustling heart of Derry City, the Commissioners relocated the port to its current deep-water location at Lisahally in 1993. The terminal boasts an impressive 440 metres of quay and can accommodate large vessels of up to 62,000 DWT. Foyle Port is primarily a bulk port and a significant importer of essential commodities such as oil, coal, animal feed, fertiliser, and plywood, all of which are vital for the North West rural region.

Since 2003, the organisation has experienced significant growth, doubling both turnover and profit and attracting approximately £100 million of inward investment to the region. This investment has supported projects, including a fertiliser plant, an oil tank farm, and a biomass power station.

Established by Act of Parliament in 1854, the Londonderry Port & Harbour Commissioners is an independent statutory authority with a duty to develop, maintain and operate to the highest standards of efficiency, financial prudence, environmental awareness, safety, and security. The Port is independent of the Government and is self-financing. All financial surpluses are reinvested in the business for the benefit of future generations of stakeholders.