Displaying items by tag: Co.Louth

20th May 2011

Dublin to Manage Dundalk Port

Minister for Transport, Tourism and Sport Mr. Leo Varadkar T.D. yesterday announced his intention to amalgamate Dundalk port with the capital port, writes Jehan Ashmore.

Minister Varadkar said: 'It is with great regret that I have come to the conclusion that the financial difficulties faced by Dundalk Port Company mean that it no longer has a future as an independent company'.

"In order to ensure the orderly management of the company's affairs, I have decided that the best course of action is to transfer responsibility for the port to Dublin Port Company. I would be hopeful that port activities will continue at Dundalk following the transfer.

He added, once the current difficulties are overcome, it may be the case that Dundalk Port can return to local control, in cooperation with the local authority and private sector operators.

To amalgamate the two port companies a Transfer Order will be made under the Harbours Act 1996. In addition a draft order has to be approved by both Houses of the Oireachtas before being signed into law which is expected to take place within the coming weeks.

The Co. Louth port which is equidistant between Dublin and Belfast, has shown to have a long history as an independent seaport. However the recession has had a significant impact making trading conditions particularly difficult for the company. At its peak in 2006 there were over 220 vessels calling at the port but dropped to just over 60 vessels last year. Figures for 2011 show no signs of improvement.

Vessels of up to 3,500 dwt and 106m in length can be handled at the port's six berths. Unusally for an Irish port vessels can be seen resting on the mudbank subject to the state of the tide. The port is some 8kms from the open sea and is reached along a narrow channel which requires the compulsory use of a pilot.

Published in Ports & Shipping

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About the Loughs Agency

The Loughs Agency is a governmental body established under the 1998 Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of Ireland. The Agency's goal is to provide sustainable social, economic, and environmental benefits by effectively conserving, managing, promoting, and developing the fisheries and marine resources of the Foyle and Carlingford areas.

The Agency's governing legislation confers several specific functions, including the promotion of development of Lough Foyle and Carlingford Lough for commercial and recreational purposes in respect of marine, fishery, and aquaculture matters. Moreover, the Agency is responsible for managing, conserving, protecting, improving, and developing the inland fisheries of the Foyle and Carlingford areas. Additionally, the Agency has the task of developing and licensing aquaculture, as well as the development of marine tourism.

The Loughs Agency reports to the North South Ministerial Council and its government Sponsor Departments, the Department of Agriculture, Environment and Rural Affairs (DAERA) in Northern Ireland, and the Department of the Environment, Climate, and Communications (DECC) in Ireland. The Departments fund the Agency on an equal basis.

The Loughs Agency's focus on sustainable development is expected to have a positive impact on the economy, environment, and local communities in the Foyle and Carlingford areas. The Agency's efforts to conserve and enhance the region's marine resources, including fisheries and aquaculture, are expected to benefit local communities, promote tourism, and contribute to economic growth.

In conclusion, the Loughs Agency plays a vital role in promoting the sustainable social, economic, and environmental development of the Foyle and Carlingford areas. Its work on marine conservation and development is crucial in ensuring the long-term viability of the region's natural resources and in promoting sustainable economic growth.