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Displaying items by tag: Countdown of 'RMS'

#ShippingReview- In the same week of Cruise Europe 2016 conference held in Dublin, the European Sea Port Organisation (ESPO) conference was also in town to include #myportinturku photo exhibition.

Irish Continental Group's chief executive made a €4.43 million profit on sale of shares in the company. Also ICG has ordered a €144m new cruiseferry to replace Irish Ferries chartered in ropax Epsilon serving on Welsh and French routes.

St. Helena, a British Overseas Territory is to lose its unique passenger and freight service operated by RMS St. Helena (which in 1995 made a once off charter cruise to Dublin and Cobh) as the island's first airport was built this year. Delays in opening the airport have led to extension of the designated Royal Mail Ship (RMS) service.

Independent management, masterplanning and digitalisation are among key trends in EU port governance highlighted by (ESPO) in its 2016 Fact-Finding Report.

M.V. Arklow Cadet the first of 10 in a new 'C' class series for Arklow Shipping Ltd was launched from Ferus Smit's Dutch yard which too built M.V. Ireland. Despite her name the cement-carrier was delivered to Norwegian joint-owners.

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.