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Today the Minister for Transport Mr Noel Dempsey T.D. announced the 2011 Estimates provision for his Department. The following are the principal features of the 2011 Estimates for marine affairs in his remit.

The 2011 capital provision will be €15 million, compared with €13 million in 2010. The principal item of capital expenditure is the provision of a search and rescue helicopter service (€8 million).  Also included is expenditure on the Irish Coast Guard, maritime safety and remedial works at regional harbours.

The 2011 provision will be €39 million unchanged from 2010 for current expenditure. The principal item of expenditure is the provision of a search and rescue helicopter service (€27m current expenditure). 

Published in Budget

About Arklow Shipping

Arklow Shipping Limited, one of Ireland's leading shipping companies, has marked over 50 years of operation following its establishment in 1966.

The company, which began with a fleet of seven ships, has grown steadily over the years and now boasts a fleet of 59 vessels.

The company was founded by Captains James Tyrrell, Michael Tyrrell, and Victor Hall, who collaborated to create an umbrella company to operate their ships. This move allowed them to reduce overheads and strengthen their position in the market. The original fleet comprised seven ships, namely Tyrronall, Murell, Marizell, Valzell, Kilbride, River Avoca, and Avondale, all of varying sizes.

The shipping industry in Ireland underwent a significant transformation in the 1960s, with the replacement of traditional auxiliary schooners with modern crafts.

Arklow Shipping was at the forefront of this change, and the founders recognized the need for a new approach to shipping in Ireland. They built a company that could adapt to the changing market demands, and this has been a key factor in the company's continued growth.

Over the years, Arklow Shipping has bought, sold, and built ships, facing the challenges and opportunities that come with operating in the shipping industry. Despite these challenges, the company has remained committed to meeting market demand and providing high-quality services to its clients.

Today, Arklow Shipping is a leading player in the shipping industry, with a strong reputation for reliability and professionalism. The company's success story is a testament to the vision and dedication of its founders, who laid the foundation for a company that has stood the test of time.

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