H1, 2020, has seen an overall increase in port revenues, despite the decrease in cargo traffic, which is directly related to the effects of the COVID-19 pandemic.
+5.3% turnover EUR 34.69 million (32.95)
-4.8% EBITDA EUR 13.9 million (14.6)
Calls for Extra Ferries to France in Event of No-Deal Channel Chaos
Food processors and the farm organisations have expressed serious concerns that Ireland’s multi-billion-euro export trade to the European mainland could be halted by chaos at the English Channel ports in the event of a no-deal Brexit.
British warnings of possible gridlock at Dover and other ports have cranked up the pressure on the Irish Government to outline contingency measures.
It is understood that IBEC has called for funding to be set aside in the Budget to support a direct daily ferry service from Ireland to the continent in the event of the English Channel ports being effectively closed.