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Displaying items by tag: transfer

Dundalk Port could come back under local ownership, after Louth County Council confirmed it hopes to be ready to begin the transfer process before the end of the year.

The port has been under the auspices of Dublin Port since 2011, and is currently operated under licence by a private company.

Cllr. Marianne Butler sought an update on Dundalk Port at the county council’s monthly meeting on Monday.

Chief Executive Joan Martin told councillors that discussions had been taking place with Dublin Port, and that risk assessments and “due diligence” was being carried out by the local authority.

More The ArgosDundalk reports on the Co.Louth port.

Published in Irish Ports

#irishports - New Ross Port is to be transferred to Wexford County Council within the coming months and will lead to great opportunities for the development of the quays area of the town.

As NewRoss Standard writes, this is the view of director of services for economic development with Wexford County Council, Tony Larkin who addressed the monthly meeting of New Ross Municipal District.

Mr Larkin said the 'bottom tier' ports in Ireland are being transferred to local authorities.

'It's New Ross' turn. We have been in negotiations with the Department of Transport for two years. We've been doing due diligence on the port company and I compliment the work of the port company.'

He said the company is being disbanded and will merge into the council.

Mr Larkin said the transfer could occur as soon as May or June, and would have already taken place if not for some cost issues involving the removal of the oil tanks on the quay and the cost of draining the Barrow.

For the transfer to take place three ministers have to sign the transfer letter.

For further reading on this development at the inland port click here.

Published in Irish Ports

#SHIPPING - The transfer of cargo from the damaged oil tanker sheltering at the entrance to Belfast Lough has been posponed for at least two more days.

As previously reported on Afloat.ie, the 228-metre Germar Companion - which is carrying 54,000 tonnes of vacuum gas oil - was redirected to Belfast after reporting a cracked hull en route from Rotterdam to New York.

The merchant vessel has been sheltering off the Copeland Islands since 16 December, where an official examination recommended removal of the cargo.

Today (31 December 2011) had been the scheduled start date for the move of the tanker's hazardous cargo by ship-to-ship tranfer. But the move has been delayed as the second ship, the BW Seine, is still en route to Belfast Lough.

"It is currently in the North Sea and could take another two days before it reaches the vessel and starts to transfer the cargo," a coastguard spokesperson told the Belfast Telegraph.

The transfer will be managed by specialist company Fendercare Marine in the lough, and could take between 24 and 36 hours. Once finished, the Germar Companion will sail into Belfast for repairs.

Published in Ports & Shipping

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.”