Menu
Allianz and Afloat - Supporting Irish Boating

Ireland's sailing, boating & maritime magazine

Investors Sought to Upgrade Rosslare Europort

28th May 2015
Investors Sought to Upgrade Rosslare Europort

#RosslarePort - The Wexford People writes that up to €40 million is sought from investors to commit in a major upgrade of Rosslare Europort that will equip it to handle the ships of the future.

Iarnród Éireann, the Port Authority for Rosslare Europort, announced to port staff last week that it is to undertake an assessment of market interest in a concession with a third party to operate the Port.

The assessment follows a study by Indecon Consultants for the Department of Transport, Tourism & Sport which examined strategic options for the future of the Europort, to maximise its potential and address future investment requirements.

The report recommended that the Europort remain in the ownership of Iarnród Éireann, but with a long term concession with a third party.

Iarnród Éireann briefed all 73 employees at the port and will now commence the process of consulting with the market to assess interest and evaluate opportunities from a concession structure, which would be commonplace in ports in the EU and beyond.

Rosslare Europort is Ireland's second busiest in terms of ship visits and unitised freight, and is designated as one of only five ports of national significance in the National Ports Policy.

The Port has recorded growth of four per cent in freight units in 2015 to date, on top of a two per cent growth in 2014.

For more on this story, click here.

Jehan Ashmore

About The Author

Jehan Ashmore

Email The Author

Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals. 

We've got a favour to ask

More people are reading Afloat.ie than ever thanks to the power of the internet but we're in stormy seas because advertising revenues across the media are falling fast. Unlike many news sites, we haven’t put up a paywall because we want to keep our marine journalism open.

Afloat.ie is Ireland's only full–time marine journalism team and it takes time, money and hard work to produce our content.

So you can see why we need to ask for your help.

If everyone chipped in, we can enhance our coverage and our future would be more secure. You can help us through a small donation. Thank you.

Direct Donation to Afloat button

Featured Sailing School

INSS sidebutton

Featured Clubs

dbsc mainbutton
Howth Yacht Club
Kinsale Yacht Club
National Yacht Club
Royal Cork Yacht Club
Royal Irish Yacht club
Royal Saint George Yacht Club

Featured Brokers

leinster sidebutton

Featured Associations

ICRA
isora sidebutton

Featured Webcams

Featured Events 2022

Featured Sailmakers

northsails sidebutton
uksails sidebutton
quantum sidebutton
watson sidebutton

Featured Marinas

dlmarina sidebutton

Featured Chandleries

CHMarine Afloat logo
osm sidebutton
https://afloat.ie/resources/marine-industry-news/viking-marine

Featured Blogs

W M Nixon - Sailing on Saturday
podcast sidebutton
mansfield sidebutton
BSB sidebutton
wavelengths sidebutton
 

Please show your support for Afloat by donating