Ireland: Port of Cork on Right Track
Total traffic through the Port of Cork in 2013 reached 9.1 million tonnes compared to 9.05 million tonnes in 2012.
Like most Ports worldwide, the Port of Cork has experienced very challenging trading conditions in 2013, however some cargos have shown an increase compared to 2012 levels and this is very encouraging, according to the Port of Cork.
Speaking about the end of year trade traffic results, Chairman John Mullins said:
“Despite challenging trading conditions worldwide, the Port of Cork saw increases in certain trades in 2013. These increases, while marginal, are encouraging and show the emergence of the economy as Ireland slowly begins to recover. Ports play a vital part in this recovery and the Port of Cork is a vital trading link to the success of Ireland and in particular the Munster region.”
He continued: “The Port of Cork has achievable plans for 2014 in terms of future port infrastructure development and these plans were further endorsed in 2013 with the allocation of TEN-T funding, funding which positions the Port of Cork as a priority TEN-T Core Network port.”
Looking forward, the Port of Cork will lodge a planning application in April 2014 with An Bord Pleanála for new and improved port infrastructure in Ringaskiddy.
As part of this planning proposal, the Port of Cork will engage with stakeholders to allow for feedback to be given on the proposal. The Port of Cork is confident that this planning proposal will succeed; allowing the port to enhance its competitiveness and offer improved facilities to port customers, and bring a much needed stimulus to the local economy.
Following a decision by the Department of Transport, Tourism and Sport under Minister Leo Varadkar, the responsibility of the management and control of Bantry Harbour was transferred to the Port of Cork Company on the 1st January 2014. Through its subsidiary Bantry Bay Port Company, the Port of Cork looks forward to the development of business through this port.
Press Release, January 24, 2014