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SFPC Global Connectivity

Shannon Foynes Port, Ireland’s second largest port operator and largest bulk port company, has statutory jurisdiction over all marine activities on a 500km2 area on the Shannon Estuary, stretching from Kerry to Loop Head to Limerick City.

 

Adjacent to the world’s busiest shipping routes, with current capacity to handle over 10 million tonnes annually and with water depths of up to 32m, we are uniquely positioned to expand as an international cargo hub serving the domestic, European and worldwide markets. This expansion will be accommodated by up to 1200 hectares of land available for Port development.

News & Events

  • Marine Notice No.9 of 2020
    SHANNON ESTUARY  ANCHORAGE J  To  All Ship Owners, Operators, Masters and Agents   Please be advised that Anchorage J has been fouled by anchor and 9 shackles of chain. The approximate position of foul is 52 35.8N and 009 33.0W. For more information click Here
  • Marine Notice No. 3A of 2020
    TO ALL MASTERS, AGENTS, SHIP OPERATORS, SHIP OWNERS Update on Crew Shore Leave  Reporting procedures related to Novel Coronavirus (COVID-19) This notice should be read in conjunction with: • DTTAS Marine Notice No. 6 ( as Amended) of 2020 • HSE Guidance: www.hspc.ie and www.hse.ie For more information click HERE
  • Marine Notice No 7 of 2020 (updated)
    Shannon Estuary
    Marine hydrographic and Geophysical Survey Works on the Shannon Estuary between Port Tarbert/Kilkerin Point
    Planned Work Dates: 03/09/2020 to 10/10/2020
    Full notice can be viewed HERE
  • Hildegarde Naughton TD Visit
    It was a pleasure to brief our Minister of State, attending Cabinet, with responsibility for International & Road Transport & Logistics, Hildegarde Naughton TD on her visit our head office in Foynes yesterday.
  • Record pre-tax profit at Shannon Foynes Port
    Monday 31 August 2020: Shannon Foynes Port recorded a profit before tax for 2019 of €4.9m, up from €4.4m in 2018, its annual report reveals. The record profit was achieved despite an overall reduction in tonnages on 2018 - a record year for tonnage throughput thanks to elevated agricultural inputs arising from the drought-imposed fodder crisis. Speaking on the publication of the report today, CEO Pat Keating said that while there will be short-term tonnage losses due to the reduction in fossil fuel imports, particularly the ending of coal imports for electricity generation stations, the global move to address climate change creates an unprecedented growth opportunity for the company and region. The natural deep-waters of the Shannon Estuary, making it ideal for industry, combined with what are among the world’s most reliable winds off the west coast, is creating the perfect opportunity for the region to become an international green energy hub facilitating offshore floating wind development, he said. The report revealed that since 2011 - the base year of the company’s masterplan, Vision 2041 - tonnage at Shannon Foynes Port’s general cargo terminals have increased by 56%. However, while year-on-year overall tonnage throughput decreased by 10% to 9.6m tons, with reduced imports of coal for electricity generation accounting for most of this reduction, turnover decreased by a lesser 4.6% to just under €14m, down from €14.7m in 2018, highlighting the robust performance of Limerick and Foynes terminals. In the report, Mr Keating said that Foynes, the company’s largest general cargo terminal, recorded its second highest tonnage throughputs ever while Limerick Port continues to facilitate near historically high throughputs. “A positive consequence of our performance in recent years, including for 2019, is that we are now much less reliant on third party terminals for profit and cashflow generation. For example, five years ago third-party terminals accounted for circa 75% of operating profit where today this proportion has reduced to less than 25%,” he said. The port company remains confident, subject to Covid-19 impact, that there are significant opportunities to grow and expand the Port at the operating level arising from decarbonisation and renewable energy. In order to continue the upward growth trajectory of its own terminals, the company has committed more resources to business development and will continue to invest in capacity enhancing infrastructure. Following on from the completion of Phase 1 of its infrastructure investment programme, which cost €12m, the company has received planning permission for the follow-on Phases, II to IV. These phases consist of new quay construction of 117m to join the East and West Jetties, infilling for associated quay set down together with the development of a 38-hectare site at Foynes as a port logistics park. During 2019, detailed design and procurement evaluation was completed for Phases II to IV with construction expected to commence within the next six months. Chairman of Shannon Foynes Port Chairman David McGarry said that while it is early days in the Vision 2041 plan period, the company is very much on track to achieve its growth projections. The Board, he said, developed its Five-Year Strategic Plan 2020–2024, prior to the Covid-19 breakout. “In this plan, we have identified capital expenditures totalling €44.4million to develop our Port facilities. This expenditure is necessary in order to place the Port at the forefront to capture the exciting opportunities that will be presented in the future such as those around decarbonisation and floating offshore wind,” the Chairman stated. Mr McGarry said that the company believes Brexit can see the Port play a much greater role in moving freight to Europe and beyond than heretofore, rather than through the UK. This can help alleviate the transport congestion around Dublin and redistribute economic well-being throughout the country, he added.
  • Visit of Norwegian Ambassador
    It was a pleasure to welcome the Norwegian Ambassador to Ireland Else Berit Eikeland and her team to Foynes Port today. We discussed how we can build on shipping, trade connections and opportunities between Norway and Shannon Foynes Port. Our Business Development team presented the future plans for the Estuary and the region which continued with a tour of the Port and its facilities.
  • Marine Notice No. 3 of 2020
    Reporting procedures related to Novel Coronavirus (COVID-19) This notice should be read in conjunction with:
    • DTTAS Marine Notice No. 6 ( as Amended) of 2020
    • HSE Guidance: www.hspc.ie and www.hse.ie
    FOR THE SPECIFIC ATTENTION OF ALL VESSEL MASTERS AND AGENTS Following the issuance of Marine Notice Number 06 of 2020 and dialogue with the HSE concerning Corona Virus / COVID 19, please ensure that: All vessels / agents attach a Maritime Declaration of Health (MDoH) to SafeSeas Ireland (SSI) for vessels arriving in the Shannon Estuary. Furthermore, the MDoH should in addition be forwarded to the below email. This will be required until further notice. The full notice can be viewed and downloaded HERE
  • COVID 19 NOTICE
    If you have fever and/or cough you should stay at home regardless of your travel or contact history. All people are advised to:
    • Reduce social interactions
    • Keep a distance of 2m between you and other people
    • Do not shake hands or make close contact where possible
    If you have symptoms visit hse.ie OR phone HSE Live 1850 24 1850The full notice can be read and downloaded HERE
  • Laurell Hill Winners Compass Award
    Innovation was in rich supply today at one of Ireland’s great maritime commercial hubs, Foynes, as schools presented ground-breaking concepts for sustainable energy sources of the future at the biennial Shannon Foynes Port Company (SFPC) ‘Compass’ TY competition. Laurel Hill Secondary School walked away with the honours thanks to their ‘Working Waves’ presentation based on generating energy from ships on the move through a pressure pad system that feeds into an electricity generator and battery in the hull.
    But, as judges highlighted, the competition was the most tightly marked, the most competitive and delivered the highest standards in its six-year history. The Limerick city school, who were presented with their award by Minister of State at the Department of Finance Patrick O’Donovan, was one of five finalists who presented in front of 300 people at the Foynes Flying Boat & Maritime Museum today. They walked away with the top prize of the perpetual trophy, a €2,000 cheque for their school and iPads & COMPASS gold medals for each of the team members. All runners up received a COMPASS silver medal and a sailing day on the Shannon Estuary sponsored by the Foynes Yacht Club Sailing Academy. The four other finalists were outgoing champions, Salesian College Pallaskenry, with their concept for harvesting seaweed for biomass production; Coláiste Mhuire Askeaton, who proposed transforming Foynes Island, just 100m or so from the pier at Foynes. into a major wind energy farm; John the Baptist Community College, Hospital with a project called ‘Wishy Washy’ based on a Tidal Turbine Power generating plant on the Clare estuary shoreline; and Causeway Comprehensive School, Co. Kerry with their proposal for a tidal turbine station to power the proposed Shannon LNG gas plant at Ballylongford. Said Laurel Hill team leader Aoife Marie Costello: “We’re just delighted. We put so much work into this, since last September – during class, after school and we’re so happy with ourselves. We were jumping for joy when we won and then it dawned on me really and I started to cry. None of us have ever won anything like this before. It’s a great feeling.” This year’s Compass TY competition was based on the theme ‘Transforming the Waves of the Shannon Estuary – Developing Alternative Energy Opportunities’ and the students responded with what special guest John Kiely, manager of All-Ireland senior hurling champions Limerick described as “brilliant ideas and brilliant teamwork.”
  • RTE Nationwide visit Shannon Foynes Port Company
    Mary Kennedy visits our CEO Pat Keating at Shannon Foynes Port Company in May 2019 https://www.youtube.com/watch?v=ryzMzWImH2w

SFP ECONOMIC IMPACT

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