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Displaying items by tag: Exports Fall

Exports from Ireland in February saw a sharp fall, according to data from the Central Statistics Office (CSO), although it appears that this was a result of a downturn in sales of chemicals and pharmaceuticals rather than the coronavirus.

Those sales account for nearly half of all exports.

Seasonally adjusted exports fell by €2.2bn or 16pc €11.6bn, the CSO said yesterday.

Irish exports to China - which make up a tiny proportion of the overall number - actually rose from a year ago. €1.7bn in January and February of this year compared to €1.15bn in the same period of 2019 were destined for the Asian marketplace.

For more Independent reports of a decline in exports from Dublin Port also click here. 

Published in Ports & Shipping

Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.