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The Port of Cork CEO Brendan Keating has warned that investment in shipping infrastructure is key to offsetting the effects of Brexit in the southern region of the country.

As EchoLive reports, Mr Keating told the Construction Industry Federation Southern Construct conference that the Port, which had a €35.4 million turnover in 2018, will be hit by Brexit with decreased agricultural activity projected and a reduction of dry bulk goods being shipped and must adapt to new trends in international shipping.

“The region is highly dependent on international growth in the achievement of economic growth and highly dependent on international shipping,” Mr Keating said.

“We must continue to invest in port infrastructure,” he added.

For more click here from the newspaper.

Published in Port of Cork

THE RORC:

  • Established in 1925, The Royal Ocean Racing Club (RORC) became famous for the biennial Fastnet Race and the international team event, the Admiral's Cup. It organises an annual series of domestic offshore races from its base in Cowes as well as inshore regattas including the RORC Easter Challenge and the IRC European Championship (includes the Commodores' Cup) in the Solent
  • The RORC works with other yacht clubs to promote their offshore races and provides marketing and organisational support. The RORC Caribbean 600, based in Antigua and the first offshore race in the Caribbean, has been an instant success. The 10th edition took place in February 2018. The RORC extended its organisational expertise by creating the RORC Transatlantic Race from Lanzarote to Grenada, the first of which was in November 2014
  • The club is based in St James' Place, London, but after a merger with The Royal Corinthian Yacht Club in Cowes now boasts a superb clubhouse facility at the entrance to Cowes Harbour and a membership of over 4,000