Drogheda Port Company propose to develop a world class deepwater port, logistics centre and business park away from the existing congested hub of Dublin city. The site at Bremore is within the greater Dublin area, rail linked, adjacent to the M1 motorway and 15 minutes from the M50 motorway.
Bremore Ireland Port is one of the most exciting and important infrastructural projects to be undertaken in Ireland in decades. As Europe’s fastest growing economy, we have seen our east coast ports grow freight volumes at 6.5% per annum over the last 15 years. This rapid growth has resulted in congestion and created a need for substantial additional capacity over the coming decade.
At an estimated cost of €210 million, the development of Bremore Ireland Port was begun in 2002 by Drogheda Port Company as a strategic response to the impending future deficit in port capacity not only at Drogheda Port but on the east coast of Ireland as a whole. In addition to existing facilities at Drogheda and Dublin, Bremore will offer additional choice to Irelands importers and exporters.
The new deepwater port will have 24 hour marine access with facilities to accommodate new short sea shipping services to the United Kingdom, Europe, Scandinavia and the Baltic states, to include Lo-Lo, Ro-Ro and passenger traffics. Bremore will have the deepest berths on the east coast of Ireland.
The project is proposed in three phases with Phase 1, subject to detailed design, potentially catering for up to 10 million tonnes of freight including 350,000 TEU Lo-Lo units, 409,000 Ro-Ro units and 1 million tonnes of general and bulk cargoes. The first phase of development will provide circa 500mtrs of linear quay for container and general cargo handling, two Ro-Ro and one high speed ferry berth for road freight, car and foot passenger traffic. The depth alongside will be in the order of 10.5m below CD, with a potential for future deepening to 12.0m.
The port will be designed and operated to provide the highest environmental standards and respect for the local community. A diverse business district will be created around the port bringing wide economic benefits to the Bremore-Balbriggan area and presenting lifestyle opportunities for local people to work locally.
In January 2006, Drogheda Port Company in conjunction with its advisors, Goodbody Stockbrokers and Matheson Ormsby Prentice, commenced an open competitive process for a joint venture partner for this major port development.
The company were pleased to announce in December 2006 that it had selected a consortium as preferred bidder. The successful consortium is led by Castle Market Holdings Limited - a subsidiary of Real Estate Opportunities Limited (“REO”) - and includes a world class port operator. The Company and the consortium will now proceed to finalise the commercial arrangements that will form the joint venture.
View Drogheda Port Bremore Development:
The Strategic Need for a New Port Development
By John Mangan & Associates (6,626k)
