Shannon Foynes Port Celebrates Record Profits For Fourth Year Running

8th October 2014

#ShannonFoynes - The Limerick Leader reports on the Shannon Foynes Port Company's announcement of record profits in 2013.

Ireland's second largest bulk port company declared a 35% increase in its operating profits in the 12 months since its 2012 annual report, a record rise for the fourth successive year.

According to the port's CEO Patrick Keating, this strong performance underlines the objectives of the Vision 2041 master plan for the Shannon Estuary launched last year.

The Limerick Leader has more on the story HERE.

Published in Shannon Estuary

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MacDara Conroy

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MacDara Conroy is a contributor covering all things on the water, from boating and wildlife to science and business

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Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.