Turnover at Port of Cork Company up 21%

By | 2023 Newsletter week 28 | No Comments
  • Turnover at the Port of Cork Company increased by over 21% last year to €48.4 million. That compares to a turnover of just under €40 million in 2021.
  • The company’s profits also increased by just under 18%, with an operating profit of €9.16 million, up from €7.78 million the previous year.
  • The company’s annual report shows that the Ports of Cork and Bantry reported a total consolidated traffic throughput of 10.2 million tonnes in 2022, slightly lower than in 2021.
  • The number of container twenty-foot equivalent units increased slightly, mainly due to the commencement of new Con-Ro services linking Ringaskiddy directly with Europe.
  • Imports of trade cars and dry bulks also increased which all offset small declines in liquid and break bulk traffic.
  • Brittany Ferries returned to normal pre-covid trading levels with 117,000 passengers and added a second weekly service from Cork to Roscoff.

Conor Mowlds, Chief Commercial Officer at the Port of Cork said 2022 was a significant year for the port. “Following a strong financial year, we are now in a better position to progress vital additions to our infrastructure – including upgrades to our cargo handling fleet and port facilities,” he added.

FERRY PORTS

By | 2020 Newsletter week 17 | No Comments

Port of Cork Welcomes New CLdN Service

As from April 24, CLdN will operate three sailings per week, up from two presently, on the Zeebrugge – Dublin service and in addition, will create a new roro service operating one round trip a week between Zeebrugge and Cork.

CEO of Port of Cork, Brendan Keating, said: “This announcement by CLdN will greatly support our efforts in the Port of Cork to keep supply chains moving during the current pandemic. The Port has been actively looking at ways to bolster its freight activity and is delighted to partner with a company that enjoys such a great reputation in the shipping industry.