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Displaying items by tag: CableLaying Cable Innovator

# PORTS & SHIPPING -A specialist cable-laying vessel, Cable Innovator (1995/14,277 tonnes) arrived into Dublin Port yesterday. She is due start work next week on a €12.5m telecoms cable for CeltixConnect between Dublin and Holyhead.

According to a report in The Irish Times (click HERE) CeltixConnect's chief executive Diane Hodnett expected customers to start transmitting traffic on the cable at the end of January.

The cable will pass through the East Point Business Park in Dublin and on to the city's IFSC. On the Welsh side, the 131km cable will connect to the Welsh Assembly-funded Parc Cybi business park in Holyhead. From there it will connect to networks linking Manchester, London and the rest of Europe.

Capacity on the cable will be sold primarily to telecoms firms and ISPs, mobile phone operators and a small number of multinationals in the technology space which have massive bandwidth requirements.

For more information about the UK-flagged vessel which berthed in the port's Alexandra Basin, click this LINK.

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.