Brexit impacts on Dublin Port clear to be seen after nine months

By | 2021 Newsletter week 44 | No Comments
  • Port of Dublin says in its Q3 report that core freight and container volumes from Britain declined by 21.2% to 537,680 units between January and September this year (Holyhead, Liverpool and Heysham).
  • In contrast, volumes on continental European, direct routes increased by 36% to 522,765 units. (Mainly Rotterdam, Zeebrugge, Antwerp and Cherbourg).
  • Containers and trailers in the RoRo and LoLo modes – the largest part of Dublin Port’s business – declined by just -0.5% to 1,060,445 units but with very different trends between the two modes:

RoRo -6.6% (707,212 units)

LoLo +14.4% (353,233 units)

  • Behind the different trends in Ro-Ro and Lo-Lo, there has also been a large and consistent change in the geographical mix of Dublin Port’s trade since the introduction of Brexit border controls in January 2021.
  • As a result, unitised volumes on routes to Great Britain now account for just over one half (51%) of all unitised trade where, before Brexit, they accounted for approaching two-thirds (64%).
  • Allied to this, the proportion of RoRo units which are driver accompanied (181,605 after nine months) has fallen from 32% to 26%.
  • Dublin currently has two shipping lines looking to commence services. They cannot be accommodated. Dublin has a short-term and a long-term plan.

PORTS

By | 2021 Newsletter week 16 | No Comments

Port Of Dublin Feels The Effect Of Brexit

Commenting on the Q1 2021 figures, Dublin Port’s Chief Executive, Eamonn O’Reilly, said:

  • Brexit was the main cause of a very weak Q1 with overall cargo volumes back by 15.2% However, it is too early yet to say what the long-term effects of Brexit will be.
  • Optimism: landbridge will re-establish itself as a fast and cost-effective option for the movement of time sensitive goods to and from Continental Europe in the months ahead. (with P&O and Irish Ferries both on Irish Sea and Calais-Dover).
  • Worries: “Back in 1990, before the Single European Market was established, more than a third of Ro-Ro trade chose services to and from Northern Irish ports rather than use services in and out of Dublin Port. We won’t get a proper sense until later in the year as to how much of the 29% decline we have seen in GB RoRo trade is due to the new border regimes and whether this dislocation will be a permanent feature for the years ahead or not.”
  • Positive: +18% in Ro-Ro and Lo-Lo volumes on direct services with Continental Europe. the capacity needed for the changes in demand patterns which Brexit has caused.
  • Conclusion: “If we do see a sustained step change downwards in volumes on routes to GB because of Brexit, I expect that the pivoting of trade from GB to Continental Europe will, in time, re-establish the long-term growth trends we have seen in Dublin Port for many decades.”