Volume growth at the Sea Port of Cork has been attributed to the bouncing back of the Irish economy through a healthy export sector up nine per cent in 2011 year on year, and 19 per cent compared to 2009, said its chairman Dermot O’Mahoney. Import levels dropped to below 2007 levels down 12.9 per cent.
The container figures growth were led by oil traffic particularly exports of the refined product with a slight decrease in the trades of animal feeds stuff, fertiliser and other trades.
Over 98 per cent of all goods imported are moved by cargo ships proving the importance of ports to the Irish economy and for the Munster region relying on the Port of Cork’s fortunes, Mr O’Mahoney said, cited a report from Dublin’s Afloat, Ireland’s sailing and boating magazine.
“While the next four to five years will be challenging for us all, we need to continue to promote the fact that Ireland is an excellent investment location and is well placed to capitalise on growing global markets as is evident by our export sector,” he added.
Tourism at the port contributed a significant revenue to Ireland with each of the 100,000 passengers and crew visiting during 2011 spending between EUR73 (US$93.66) and EUR100.
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