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Displaying items by tag: Ports Not Ready

Irish Ports must quickly build its own infrastructure and expertise to construct offshore wind farms or will lose many billions’ worth of business to British ports and other foreign firms, industry experts warn.

As Independent.ie writes, a report by renewable energy consultants Carbon Trust finds that not one of 21 ports and harbours in Ireland is capable of anchoring a construction project for offshore wind.

It says the State - potentially alongside private investors - needs to plow €50m to €100m into an east coast port soon to make it capable of serving as a hub for constructing offshore wind farms.

While the 188-page report itself doesn’t pick a favourite, lead author Liam Leahy said the Port of Rosslare (see related story) comes closest currently to “checking all the boxes” needed to compete for this business.

But even Rosslare could require speedy investment in the €50m-€100m range to allow it to compete credibly with UK ports, said Mr Leahy, a Limerick native who is manager of offshore wind for London-based Carbon Trust.

At stake is which firms and locations will gain as an estimated €8.6bn is spent over the coming decade building the first major offshore wind farms off the east and southeast coasts of Ireland.

For much more click here in addition to a report in today's The Irish Times

Published in Irish Ports

As an island economy, a healthy maritime sector is key to our national competitiveness. Virtually all our imports and exports pass through Irish ports.

Ireland is dependent on ports and shipping services to transport goods and 90% of our trade is moved though Irish ports. Shipping and maritime transport services make a significant contribution to Ireland’s ocean economy, with the sector generating €2.3 billion in turnover and employing over 5,000 people in 2018.

Ireland’s maritime industry continues to grow and progress each year with Irish ports and shipping companies making significant investments. The ports sector in Ireland is currently undergoing a number of expansions and developments with Dublin Port’s Alexandra Basin development, the development of Ringaskiddy in Cork by Port of Cork and the development of Shannon Foynes Port. Along with these major investments, shipping companies are also investing heavily in new tonnage, with Irish Ferries, CLdN and Stena leading new build programmes.

These pages cover the following sectoral areas: shipowners, harbour authorities, shipbrokers, freight forwarders and contractors, cruise liner operators, port users, seamen, merchants, academic institutions, shipyards and repair facilities, naval architects, navy and defence personnel.

Our pages are covering some of the most notable arrivals around our coast and reporting too on port development and shipping news.

This section of the site deals with Port and Shipping News on our largest ports Dublin Port, Port of Cork, the Shannon Estuary, Galway Harbour and Belfast Lough.

A recent study carried out for the Irish Ports Association (IPA) totalled 75.7 billion during 2004 and their net economic impact was some 5.5 billion supporting around 57, 500 full time employees.

Liam Lacey, Director of the Marine Institute’s Irish Maritime Development Office (IMDO) said, “The Irish maritime industry can look to the future with confidence. It has shown itself to be resilient and agile in responding to challenges. Over the past decade, it has had to respond to the challenges of the financial crisis of 2008, the uncertainty surrounding Brexit and recent challenges. Ireland’s maritime sector has continued to underpin our economy by maintaining vital shipping links for both trade and tourism.”