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2nd March 2012

NI's Exploris Aquarium and Seal Sanctuary Could Be Privatised

#COASTAL NOTES - Northern Ireland's only aquarium could be privatised, according to the News Letter.

Ards Borough Council is reportedly considering its options for the future of Exploris, the aquarium and seal sanctuary in Portaferry that celebrates its 25th anniversary this year.

Plans were made four years ago to transfer ownership to English aquarium group Blue Reef Leisure, but the deal fell through when that firm was aquired by Spain's Aspro.

Now the council has announced it is calling for proposals for private investment in the Exploris facility - which costs around £500,000 (€600,000) a year to run - following "renewed interest from the public sector".

The move aims to "establish a clear direction for the future of Exploris", which houses one of Northern Ireland's top 10 visitor attractions in its popular seal sanctuary.

The News Letter has more on the story HERE.

Published in Coastal Notes

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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.