Dublin shipping investment 'could create jobs'
The ongoing efforts to rehabilitate Dublin's status as a global financial and economic centre following Ireland's credit crash could be set to continue with an ambitious proposal to build an international shipping services centre in the form of a hub for the maritime industry in the city's docklands.
Dublin's Docklands are currently undergoing substantial investment, with areas such as Spencer Dock attracting a great deal of funding as developers attempt to drive urban regeneration across the Irish capital.
With IDA Ireland backing these plans from ISSC Dublin, along with the Irish Maritime Development Organisation, they could see a further major boost for Dublin.
According to the Irish Times, wealthy businessman Denis O'Brien - who has major interests in aviation finance through Aergo Capital - is the biggest investor behind the scheme, which could see the city attempt to build up its maritime network in a similar way to its air network.
CBRE surveyor Cormac Megannety told the Irish Times the companies involved are currently talking to landowners about what part of the city could be used, although the situation remains "delicate".
The shipping services centre "in Dublin docklands will become the prime location for shipping finance, leasing, innovative debt structuring products and specialist maritime services including securitising and listing," ISSC said.
Hopes are high that this will create more finance jobs in the capital, as well as highlighting its status as a potential hub for international firms planning to gain a foothold in the region.
Mr Megannety pointed out that Ireland's 12.5 per cent corporation tax rate was one attraction, noting that its tonnage tax is also a favourable one for businesses involved in the maritime industry.
He estimated that ISSC could also bring 2,500 ancillary jobs, in addition to 3,500 jobs directly, and take on some five per cent of the world's shipping traffic in a bid to rival other maritime hubs such as Hong Kong and Singapore.
Signup to receive the latest discipline specific articles
Related jobs
Salary:
£28,000 - £32,000 per annum + Hybrid working
Location:
Salford, Greater Manchester
Industry
Technology
Qualification
None specified
Market
Commerce & Industry
Salary
£30,000 - £35,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Permanent
Description
Credit Controller - HYBRID - Salford
Reference
BBBH184267
Expiry Date
01/01/01
Author
Laura HalloranAuthor
Laura HalloranSalary:
£35,000 - £40,000 per annum
Location:
Bolton, Greater Manchester
Industry
Business Services
Qualification
None specified
Market
Financial Services
Salary
£40,000 - £50,000
Job Discipline
Tax
Contract Type:
Permanent
Description
.
Reference
BBBH184374
Expiry Date
01/01/01
Author
Aleksandra TaranovskajaAuthor
Aleksandra TaranovskajaSalary:
£92,000 - £100,000 per annum + Excellent Benefits Package
Location:
Manchester, Greater Manchester
Industry
Energy, Resources and Industrial
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£100,000 - £125,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
Exciting Head of Corporate Finance and Strategy role for a leading energy organisation based in Manchester city centre paying up to £100,000.
Reference
BBBH184370
Expiry Date
01/01/01
Author
Nathan JonesAuthor
Nathan JonesSalary:
€85,000 - €90,000 per annum
Location:
Dublin City Centre, Dublin
Industry
Professional Services
Qualification
None specified
Market
Commerce & Industry
Salary
£70,000 - £80,000
Job Discipline
Process Improvement
Contract Type:
Permanent
Description
Finance Transformation Lead - Consulting - Dublin
Reference
BBBH184367
Expiry Date
01/01/01
Author
Cillian McevoyAuthor
Cillian McevoySalary:
£65,000 - £73,000 per annum + Excellent Benefits Package
Location:
Manchester, Greater Manchester
Industry
Energy, Resources and Industrial
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£70,000 - £80,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
Corporate Finance Manager role for a leading energy organisation based in Manchester city centre offering hybrid working paying circa £70,000.
Reference
BBBH184365
Expiry Date
01/01/01
Author
Nathan JonesAuthor
Nathan JonesSalary:
Negotiable
Location:
London
Industry
Media & Communications
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£125,000 - £175,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
A hospitality and entertainment brand is currently looking for a Finance Director to join their team in London (Hybrid).
Reference
BBBH184244
Expiry Date
01/01/01
Author
Charlie BudderyAuthor
Charlie BudderySalary:
£67,000 - £75,000 per annum + Excellent Benefits Package
Location:
Wigan, Greater Manchester
Industry
Manufacturing
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£70,000 - £80,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
Financial Planning and Analysis Manager for a PE backed manufacturing business based in Wigan with hybrid working paying between £67,000 - £75,000.
Reference
BBBH184364
Expiry Date
01/01/01
Author
Nathan JonesAuthor
Nathan JonesSalary:
£75,000 - £85,000 per annum + Car Allowance + Benefits
Location:
Crewe, Cheshire
Industry
Transport & Logistics
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£80,000 - £100,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
Head of Commercial Finance role for a well-established organisation based just outside of Crewe paying up to £85,000 + benefits.
Reference
BBBH183457
Expiry Date
01/01/01
Author
Nathan JonesAuthor
Nathan JonesSalary:
£65,000 - £75,000 per annum + Additional Benefits Package
Location:
Cheadle, Greater Manchester
Industry
Manufacturing
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£70,000 - £80,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
Group Reporting Manager role for a global manufacturing business based in Cheadle offering hybrid working paying between £65,000 and £75,000.
Reference
BBBH184108
Expiry Date
01/01/01
Author
Nathan JonesAuthor
Nathan JonesSalary:
£40,000 - £45,000 per annum
Location:
Greater Manchester
Industry
Consumer & Retail
Qualification
Part qualified
Market
Commerce & Industry
Salary
£40,000 - £50,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Contract
Description
Capex Analyst | Greater Manchester | Up to £45k | Immediate Start | 6 month FTC
Reference
BBBH184360
Expiry Date
01/01/01
Author
Jamie MillerAuthor
Jamie Miller