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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

  • Shannon Estuary – Offshore Wind Potential Study
    To view this study click on the following link 20163-R-001 Shannon Estuary Offshore Wind Rev2
  • Shannon Estuary and West/South coast potential
    Shannon Estuary and West/South coast potential to become global floating offshore wind hub - major study reveals Ireland can become major exporter of energy, producer of hydrogen and international research centre of excellence Monday 7 December 2020:  An unprecedented renewable energy opportunity for Ireland, the Shannon Estuary and the south and west coasts has been unveiled in a major study. The Offshore Wind Potential Study - commissioned by Shannon Foynes Port Company - by specialist geotechnical engineering consultancy Gavin & Doherty Geosolutions Ltd. (GDG) identifies the potential, through capitalising on our unique wind resource and deep-water port, to turn the State into an exporter of energy and generate unprecedented job creation in the process. As the floating wind sector is currently in its infancy, there is no well-established supply chain and this represents an opportunity for Ireland to be first movers in the floating wind sector, the report states.  The report estimates €12billion investment into the Estuary by 2050 under a medium growth scenario and without including export potential to other markets. The opportunity  is a confluence of the emergence of floating offshore wind technology as the biggest growth area for renewables globally, the Irish west coast having among the best wind resources in the world and the unrivalled deep waters of the Shannon Estuary – a key asset and component for the manufacturing and industrial ecosystem necessary to support the global scale floating offshore wind farms The report estimates that the available wind resource can generate up to 70GW of floating offshore wind energy and identifies not alone the export opportunity from excess electricity generated but also for green hydrogen produced from the offshore wind farm sites. “With investment into the Shannon Estuary, there exists huge potential to develop world-class and innovative facilities aimed at growing the floating offshore renewable energy (ORE) sector allied to the manufacturing potential in the Shannon Estuary. Therein exists the potential of dramatically reducing the Levelised Cost of Energy (LCOE),” the report states. It finds that Shannon Foynes is best placed to service the future offshore floating wind market. This is due to the proximity to resource and market; availability of the deepest watercourse in Ireland and one of the deepest and most sheltered estuaries in the world; extensive future landbank availability; and the existence of Shannon Foynes Port Company as a statutory authority with National Tier 1 port status and European Commission, Trans European Transport Network (TEN-T) core corridor status on North/South and East/West corridors and existing 1.6 GW connectivity to our own national grid. “Offshore Floating Wind is rapidly expanding and therefore now is the time to capture the potential from this early-stage sector. Given the timelines to develop the required infrastructure, now is the time to commit the investment and ensure Ireland Inc. capitalises on the global opportunity as first movers in this exciting space. Shannon Foynes Port is the vehicle to maximise the benefits to Ireland Inc. from the floating wind market.” Closer to home, the report identifies the potential to create between 10,000 – 20,000 jobs in manufacturing and a further 10,000 industry jobs arising from four distinct supply chain opportunities – Manufacturing, Staging and Installation, Operations and Maintenance by 2050. Manufacturing could also extend to the preparation and export of component parts further afield to the East coast of USA and into European developments, both onshore and offshore. The study, which was carried out this year, found that the Shannon Estuary is best placed to service the future offshore floating wind market, both the domestic market and as a global exporter of energy and technology. It is, the report states, no surprise that the first Offshore Wind Farm sites in Ireland were all situated on the east coast, as they have fixed foundations. However, as the offshore floating wind technology becomes more efficient and the associated supply chain develops, the west coast of Ireland will become much more favourable. “The total potential capacity on the West coast dwarfs the East coast opportunity,” it adds. However, while floating wind presents an opportunity for Ireland to become a world leader, investment is needed in infrastructure. A large constraint will be the ability of Ireland to connect this resource to the grid and export the excess to other markets, it acknowledges. It also acknowledges the uniqueness of the Shannon Estuary and its potential for Green Hydrogen production, International ship refuelling and export potential of hydrogen and green ammonia. “To facilitate taking a lead in the global market, Ireland needs to apply significant investment in research & development to solve this market barrier along with looking to reduce the cost of floating wind technology,” it states. To this end, the planned International centre of Excellence for Floating offshore wind and its connectivity to our university’s offers a very rare opportunity also. Among the individual challenges that need to be overcome are lack of an overarching Government policy identifying the export opportunity, weaknesses in the planning and consenting process, the construction of new port infrastructure, lack of an integrated approach and other competing countries  are getting a head start, such as Scotland, Norway, Denmark, Holland, Belgium, France and Portugal. Gavin & Doherty Geosolutions’ report pinpoints huge potential for manufacturing facilities to be established in Shannon Estuary. It proposes Foynes Port as a Supply Chain Enterprise Park and the other local authority designated strategic development locations consisting of a total of 1200 hectares on the Shannon Estuary for device and component manufacture and assembly. It states that opportunities also exist for the production of green hydrogen using electricity produced from the new Atlantic offshore wind farms. Welcoming the report, Pat Keating, CEO of Shannon Foynes Port said:  “This report quantifies for the first time the unique floating offshore wind opportunity that exists for Ireland and not just for this region.  The mix of our world-class wind resources, the natural infrastructure here for a global manufacturing and industry base and climate change adds up to what is an unprecedented opportunity that we must capitalise on.  There is already significant interest in this from global energy players and we would anticipate generating a gigawatt of energy by the turn of the next decade. This would very much be a phased programme rivalling anything on an international scale but will transition Ireland to a global renewable energy leader. It will deliver our own energy requirements through renewable resources, replacing fossil fuels in the long term, but will also see Ireland become becoming a significant exporter of energy into the bargain.” Said Chairman of Shannon Foynes Port David McGarry: “A Danish study has recently calculated that every gigawatt of offshore renewable energy produced will support up to 14,600 jobs in the Danish economy.  The calculations are easy to do from there and even if we target only half of the estimated 70GW potential off the West Coast, there’s a huge economic and jobs bounce from this as well. This can be transformational for the Irish economy and our environment. Floating technologies are relatively new in the offshore renewables sector and, coupled with the Atlantic’s mean wind speeds of 14m/s, we have global first mover advantage with this.” Said Minister Patrick O’Donovan:  “This report underlines the unprecedented opportunity that awaits us now that floating offshore wind technology is ready.  It’s only a matter of time before we see its commercial deployment here off the Shannon Estuary given the unrivalled mix here. It is perhaps our greatest ever opportunity and will be transformational with regard to the economic balance on the island of Ireland, spreading huge investment to the western half of the island and delivering on the goals of Project Ireland 2040.” Said Minister Niall Collins: “There’s been a general awareness for some time of potential from floating offshore wind generation for the West coast but this study sets out the scale of the opportunity and it’s unprecedented.  It’s incumbent now on all stakeholders to work together to make sure we do what’s necessary to build out this enormous opportunity for Limerick, the region and, indeed, the nation.  The economic, jobs and environmental gains are far too great for this not to be realised.” Said Deputy Brian Leddin: “The Shannon Estuary and West of Ireland, as this report shows, has a solution that goes way beyond meeting climate change targets.  Our programme for government has already paved the way for this as it has a clear and unambiguous commitment to harnessing the potential of the Shannon Estuary for economic development through renewable energy resources. That opportunity has now arrived. We must now leave no stone unturned in realising this. This can catapult Ireland into the top tier of renewable energy generation and export nations.”

    Ends

     
  • 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

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