Cork less buoyant
The Port of Cork has reported that the combined total traffic through both the Port of Cork and Bantry Bay Port Company took a dip of 5% from 10.6 million tonnes, to just over 10 million tonnes in 2019.
The cause for this minor decline is attributed to less volumes of dry bulk cargo through the port. Overall total imports decreased by 7% while exports decreased by 3%.
A key area, particularly for the Port of Cork as they look to complete and open Cork Container Terminal in 2020, was the continued increase in container or LoLo traffic in 2019. Over 240,000 TEUS were handled in 2019, a 5% increase on the previous year.
Brendan Keating, Port of Cork Chief Executive said: ‘2020 will be a significant year for the Port of Cork as we prepare to complete and open the €86 million Cork Container Terminal development in Ringaskiddy, so seeing continued growth in container volumes through both Tivoli and Ringaskiddy is very encouraging.’
By Jake Frith
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