Ireland to ‘Radically Overhaul’ Its Ports Strategy

Ireland to ‘Radically Overhaul’ Its Ports Strategy

Leo Varadkar, Ireland’s Minister for Transport, Tourism & Sport, has announced plans to “radically overhaul” the nation’s 19 commercial ports and give the government a more hands-on role in the sector to facilitate a competitive and effective market for maritime transport services.

The main features of the new National Ports Policy include specifying the government’s vision and demands for the sector, encouraging private investment in the ports, recognizing the different roles of each port, investing in deepwater capacity after “stringent analysis” and continuing the commercial mandate of the ports to turn a profit and pay a dividend without Exchequer grants. A new performance oversight system and a new approach to capacity planning will also be developed.

“This new ports policy encourages each port, large or small, to develop its full potential to ensure that each one can contribute to further growth in the ports sector,” Varadkar said in a written statement.