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Displaying items by tag: State commercial port companies

Minister for Transport Noel Dempsey T.D. today announced the launch of a national ports policy review with the publication of a consultation document. 

There are ten State commercial port companies established and operating pursuant to the terms of the Harbours Acts 1996 - 2009; Cork, Drogheda, Dublin, Dundalk, Dún Laoghaire, Galway, New Ross, Shannon Foynes, Waterford and Wicklow.

It is estimated that approximately 99% by volume of all goods traded into and out of Ireland are handled at our ports. Dublin Port is the State's biggest port handling approximately 44% of all tonnage in 2009. Cork and Shannon Foynes were the second and third biggest ports respectively in 2009.

Today's consultation document provides stakeholders with an opportunity to help shape future ports policy.

Speaking today Minister Dempsey said; "In 2005 our national Ports Policy Statement outlined national ports policy in a single document for the first time. Since then the commercial, technological, and regulatory environment in which Irish ports operate has changed dramatically, both domestically and globally. It is now time to carry out a review of this policy framework to ensure that our ports are properly positioned for the future.

Since 2005 our ports have experienced both record highs and more recently sharp declines in tonnage throughput. The ports face considerable challenges and it is important that national policy helps address these. The indications are that the country's return to economic growth will be export led. In this regard, it is vital that the ports are in a position to facilitate this and to make their contribution to improving national competitiveness.

I would encourage all interested parties to engage fully in this important consultation process."

The consultation document provides an overview of developments in the sector since 2005 and poses a number of questions on the continued validity and future direction of national ports policy.

Important issues addressed in the document include planning and funding future port developments, the role ports have to play in delivering the "Smarter Travel" agenda, competition within the sector and the corporate governance regime for port companies.

The public consultation period is scheduled to continue until Friday 29th October 2010.

The full Consultation Document is available for download below

To make a submission click HERE

Read Tom MacSweeney's Island Nation blog on the importance of ports 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.