Coleraine (kōlrānˈ) [key], town (1991 pop. 16,450) and district, N Northern Ireland, near the mouth of the Bann River. Coleraine is a port. Its industries include distilling, linen milling, the curing of ham and bacon, light engineering, and salmon fishing. There is also a large chemical fiber plant. In 1613, James I gave the site of the town to the corporations of the City of London for development. The New Univ. of Ulster was founded in Coleraine in 1965.