Displaying items by tag: Traffic IMDO

8th December 2022

Traffic Through Ports Slows by 1% in Third Quarter - Says Irish Maritime Development Office

Traffic through Irish ports have declined marginally in the third quarter of this year, according to the Irish Maritime Development Office (IMDO).

The lastest figures from the IMDO, a government office which provides support to national and international maritime businesses, recorded that Roll-on and roll-off (Ro-Ro) traffic declined by 1% compared to the same period in 2021.

On routes between Ireland and mainland Europe, traffic on these direct routes was down 2% while traffic to ports in the UK was unchanged.

The shift to direct routes to the EU, which emerged following the end of the Brexit transition period that ended on 31 December 2020 "is so far holding firm" said the IMDO.

RTE News reports more on the trade figures including ferry passenger numbers.

Published in Ports & Shipping

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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.