The Port of Cork has doubled the size of its customs facilities in preparation for the likelihood that the United Kingdom (UK) will depart the European Union (EU) with a no-deal Brexit on October 31st, 2019.
Brendan Keating, Chief Executive of the Port of Cork, commented: “The Port of Cork, including the new Cork Container Terminal, has made extensive preparations to ensure that importers’ and exporters’ operations from the Port run smoothly when the United Kingdom leaves the European Union.
“Larger customs facilities will ensure that we can continue to ensure
prompt vessel turnarounds and efficient supply chains without extended interruption from any additional administrative formalities.”
The Port of Cork is the second largest port in the Republic of Ireland in terms of turnover, and handles all vessel types including lift-on lift-off, bulk liquid, bulk solid, breakbulk, roll-on roll-off, and cruise. In 2018, the Port of Cork handled traffic of 10.66 million tonnes, including total container traffic of 228,762 TEU.
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In addition to the Port of Cork’s investment in additional customs facilities, it has also recently invested €80m on a new container terminal that will help secure Cork as an international gateway for trade well into the future. The Cork Container Terminal will become operational in 2020.