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Displaying items by tag: Paul Fleming

Drogheda Port Company is seeking tenders to carry out geological investigations off Bremore Head near Balbriggan, the Sunday Business Post reports.
The port company and partner Treasury Holdings had been working with Hong Kong-based Hutchison Whampoa on plans for a new port in the north Co Dublin area, set to have a starting freight capacity of 10 million tons per year.
Treasury Holdings says the survey is intended to help avoid developing on a location that could interfere with historic sites, after An Taisce voiced its opposition to any port scheme that would impact on an archaeologial site running from Bremore to the mouth of the River Delvin.
An Taisce is also opposed to another proposed site at Gormanston.
Drogheda Port Company CEO Paul Fleming could not be contacted by the Sunday Business Post to comment on whether the tender indicates a decision to move forward with plans for a port at Bremore.
Minister for Transport Leo Varadkar said he supported the bid to develop a new facility at Bremore, after a previous move to extend the boundaries of Drogheda port were halted by legislative limits that have since been amended.
The Sunday Business Post has more on the story HERE.

Drogheda Port Company is seeking tenders to carry out geological investigations off Bremore Head near Balbriggan, the Sunday Business Post reports.

The port company and partner Treasury Holdings had been working with Hong Kong-based Hutchison Whampoa on plans for a new port in the north Co Dublin area, set to have a starting freight capacity of 10 million tons per year.

Treasury Holdings says the survey is intended to help avoid developing on a location that could interfere with historic sites, after An Taisce voiced its opposition to any port scheme that would impact on an archaeologial site running from Bremore to the mouth of the River Delvin.

An Taisce is also opposed to another proposed site at Gormanston.

Drogheda Port Company CEO Paul Fleming could not be contacted by the Sunday Business Post to comment on whether the tender indicates a decision to move forward with plans for a port at Bremore.

Minister for Transport Leo Varadkar said he supported the bid to develop a new facility at Bremore, after a previous move to extend the boundaries of Drogheda port were halted by legislative limits that have since been amended.

The Sunday Business Post has more on the story HERE.

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.