Displaying items by tag: Motorsways of the Seas

21st May 2018

SFPC Seminer Hears Brexit Can turn Into Irish Opportunity

At the CEF Motorways of the Sea seminar on Understanding the Opportunities from the EUÕ, hosted at the Savoy Hotel in Limerick by Shannon Foynes Port Company, were from left: Prof Peter Balaz, European coordinator for the Ten - T North Sea-Mediterranean Corridor, Brian Simpson, European coordinator Motorways of the sea and Pat Keating, Chief Executive Officer at Shannon Foynes Port Company

#IrishPorts - A leading EU official overseeing a key element of the CEF ‘Motorways of the Sea’ project has confirmed that Ireland will have increased funding opportunities under the programme after plans for it were rewritten to take into account of Brexit implications here.

Speaking at a seminar writes the Limerick Post on ‘Understanding the Opportunities from the EU’, hosted by Shannon Foynes Port Company in Limerick on Friday, European Coordinator for Motorways of the Sea Brian Simpson also told Irish ports and maritime officials “you’re pushing an open door with me”.

The “Motorways of the Sea” concept, which has significant funding available, aims to introduce new inter-modal maritime-based logistics chains in Europe, which should improve our transport organisation within the years to come.

And in another vote of support for Ireland, a second leading EU official, European Coordinator for the powerful TEN-T North Sea-Mediterranean Corridor and former Commissioner for Regional Policy Professor Peter Balazs, told the seminar that Ireland is a special case and solutions need to be found.

For further reading on the conference, click here.

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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.