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Displaying items by tag: Tadhg Foley

Tipperary Boat dealer Marine Action Boats Ltd, based on the river Shannon at Birdhill has 'ceased operations' according to an announcement on the firm's website. The Sports boat dealership 'closed its doors' and ceased trading on December 31 2010, according to managing director, Tadhg Foley. Marine Action Boats were sole importers of Crownline Sports Cruisers for Ireland, according to the website. The sports boat section of the marine trade market has been one of the hardest hit by the economic downturn. The firm also handled brokerage, repairs and boat maintenance. The full text of the announcement is as follows:

"Despite great efforts from ourselves and our loyal team, we would like to announce that we have ceased operations at Marine Action Boats, and we are no longer trading. We would also like to thank all our customers and our suppliers for their support over the past decade".

 

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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.