Dublin Port Sees Strongest Six-Month Performance
- Business & Finance
Irish Dublin Port Company has seen its trade volumes for the first half of the year grow by 8%, representing the strongest six-month performance ever, according to the port.
Total throughput in imports and exports for the period was 17.3 million gross tonnes, with 3,782 ship arrivals during the first six months of 2016.
Namely, the port’s exports increased by 7.5% to over 7 million gross tonnes, while imports were up by 8.3% to more than 10 million gross tonnes.
The port’s cars and commercial vehicle imports also recorded a strong growth with over 60,000 new vehicles imported through Dublin Port in the first six months of the year, up by 11.3%.
Dublin Port’s Ro-Ro freight trailers and Lo-Lo containers volumes also increased by 8.4% and 10.1%, respectively.
“Dublin Port is experiencing extraordinary growth at present. Total throughput increased by 8% in the first six months of the year. With just half the year gone, it now seems almost certain that 2016 will be a record year by some distance,” Eamonn O’Reilly, Chief Executive, Dublin Port Company, said.
“Having seen growth of 17.3% in the three years to 2015 and with such a strong first half to 2016, creating additional port capacity is an imperative for us,” he added.
The latest trading figures come as Dublin Port Company has purchased a motorway connected 44-hectare land bank adjacent to Dublin Airport to create a new External Port Logistics Zone. The new lands provide an additional 17% to the port’s existing estate of 260 hectares.