Displaying items by tag: Science Foundation

26th May 2013

Marine Institute To Be Centre of Global Marine Research

#MarineScience - Galway Bay FM reports that the Marine Institute in Galway is to become one of the world's leading marine research centres.

The news comes in the wake of a groundbreaking deal signed in Galway on Friday afternoon (24 May) between the EU, the US and Canada to join forces on Atlantic Ocean research, as previously reported on Afloat.ie.

All partners have agreed to commit to funding to study the interplay of the Atlantic with the Arctic Ocean, and discover ways that research on the oceans and marine wildlife can contribute to scientific advances in other areas.

Meanwhile, a monitoring system for waste waters is among the projects that will benefit from a near €1 million in funding from the Science Foundation.

Research Minister Seán Sherlock announced the funding for projects at NUI Galway that is hoped to deliver "commercialisation of research in a range of areas".

Published in Marine Science

Tagged under

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.