April 13th, 2017
Port of Waterford announces results for 2016
The Port of Waterford Company has today announced details of its trading results for 2016 together with an update on current activity.
1.4m tonnes of goods were handled through the Port in 2016, very much in line with 2013 and 2014 but somewhat back on the 2015 numbers. Bulk tonnages handled were down, driven by agri market and weather conditions while on the container side activity grew by 7% year-on-year.
The Company reported profits for the financial year of €886,000, up from €569,000 in 2015. Turnover was €6.3m and shareholder’s funds ended the year at €31m. Frank Ronan, Chief Executive, commented: “This has been another solid year of progress for Port of Waterford. The business is profitable, we are debt-free, we have made some good investments and we have a clear strategy to expand and build on our contribution to the economic development of the southeast region. There has been significant positive progress on our legacy defined benefit pension deficit and we are excited about the potential for development on the North Quays in Waterford. Overall, Port of Waterford is very well positioned for the future.”
Mr Ronan noted that “Bulk throughput at Belview is showing an extraordinary 40% increase for the first quarter of 2017 and while container handling has started the year a little sluggishly, this is being offset by record levels of project cargo - in the main wind turbines - being handled through the Port. There has also been a resumption of live cattle exports, very much a traditional feature at Waterford but one that has been missing for some time.”
The Port has recently appointed ABPmer as its lead modelling company to assist with studies on the estuary. ABPmer have extensive experience of working with ports to develop and manage marine projects while protecting the marine environment. Capt Darren Doyle, Harbourmaster, confirmed that “the Port’s master planning process continues with some environmental surveys on the estuary currently being undertaken. These include studies of the currents and wave systems from Hook Head to the rivers Nore, Suir and Barrow. Additionally, surveys of the topography of the estuary are being undertaken using a range of techniques. This information will result in a comprehensive database of information to facilitate hydrodynamic modelling on a range of potential marine development projects.”
Key members of the local estuary community, who have experience on the water, have been consulted for their local knowledge to inform the overall understanding of the environment. Capt Doyle confirmed that the Port will continue to consult with stakeholders throughout the process.
April 4th 2017
Acoustic Wave and Current monitors deployment in estuary
On Friday April 7th, five Acoustic Wave and Current monitors will be deployed at various locations on River Suir and Rive Barrow. Each will be marked with surface bouy markers.
Four monitors will be in situ for 1 month, and the fifth unit will be deployed for 3 months to facilitate wave monitoring.
February 28th 2017
Dredging Campaign throughout estuary
On Saturday, 4th March, a trailer suction hopper dredger will commence continuous dredging operations from Belview seawards.
The vessel will maintain a continuous VHF watch on Channels 14 & 16. This operation is expected to continue for approximately 10 days. See full marine notice.
February 16th 2017
Port of Waterford and Junior Achievement: A PARTNERSHIP IN SHAPING BRIGHTER FUTURES
Over the past six months, our staff members, Arthur Kearney and Victor Whitty participating in programmes with members of the wider community in which we live and work.
Arthur delivered a programme entitled "The Economics of Staying in School" with 2nd year students of Mount Sion CBS, in Waterford City. Arthur is a past-pupil of Mount Sion and amongst other things, delivering a class which focused on preparing a monthly budget.
Victor delivered "Our Community‟ programme with 2nd Class of Faithlegg National School, in the heart of Waterford Harbour. The programme allowed the students to see how education extends out into the world of business. The students also learned important team working skills and how companies have standards that must be reached.
January 13th 2017
Dredging Campaign at Cheekpoint Lower Bar
On Saturday, 28th January, the utility vessel ‘Fasnet Sound’ will commence daytime ploughing operations at Cheekpoint Bar. The vessel will maintain a continuous VHF watch on Channels 14 & 16. This operation is expected to continue for approximately 4 days.See more
September 14th 2016
Port of Waterford 2016-2020 Business Plan launched at event marking Waterford Harbour Commissioners Bicentenary
This week with an event held in City Hall, Port of Waterford launched it's 2016- 2020 Business Plan.
The plan sets out a strategy for growth at the Belview facility through a 7 million euro investment into capital projects, infrastructure and services. Frank Ronan is CEO of the Port of Waterford Company says it's hoped that will yield an increase in revenue of 3 million euro over four years. The plan is now available - download here.
June 1st 2016
200 years of Waterford Harbour Commissioners, predecessor of Port of Waterford Company
Celebrating 200 years of Port of Waterford's predecessor, Waterford Harbour Commissioners, we have Tallship Morgenster arriving 17th June. The vessel is open to to public for guided tours. Tickets for a group of 4 are €10 and are available from Theatre Royal Box Office. All proceeds will be donated to Waterford City River Rescue.
April 14th 2016
DFDS/Port of Waterford featured in this month's Fleet Transport Magazine.
See more on www.fleet.ie
March 28th 2016
Investment of New €3m Harbour Mobile crane
Port of Waterford welcomes €3m vote of confidence as new crane commissioned at Belview The Port of Waterford Co. has welcomed the investment of €3m by Suir Shipping Ltd in a new crane to load and unload ships at the port in Belview.The newly-commissioned Liebherr crane will be used by the stevedoring company run by the O’Brien family to service a range of ships carrying bulk cargo to and from the Southeast.
With a lifting capacity of up to 84 tonnes and the ability to discharge 1,500 tonnes per hour, the new crane is particularly well suited to the types of ship that use the facilities at Belview.
Frank Ronan, CEO, Port of Waterford, said: “We welcome this significant investment by Suir Shipping Ltd in the infrastructure they use to serve shipping customers at Belview. It is a vote of confidence by them in the future of their business which is based on efficiently servicing ships transporting bulk products to and from the region.”
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