Cargo volumes through the port of Drogheda have increased by 4% in 2010 compared to 2009 levels, notably due to the importation of agri-products. The rise in traffic figures recorded by the Drogheda Port Company, provides some positive economic news.
On the export front, the Co. Louth port performed well last year, particularly with increased volumes in cement and magnesite, bringing a boost to the local economy. In addition there was an un-expected and unique trade in potatoes, following a severe drought that gripped the Russian Federation.The inaugural shipment of over 2,500 tonnes was loaded on board the M.V. Blankenese in mid-November. The vessel sailed to St. Petersberg where a further three such shipments took place.
In order to facilitate the recovery of the economy, ports with increased capacity will play a vital strategic role in expanding export-driven trade. Plans by the Drogheda Port Company to the development of a proposed new port at Bremore in north Co. Dublin, remain a key objective of the company, with a planning application currently in preparation.