Port of Cork doubles facilities in preparation for Brexit
In the Republic of Ireland, the port of Cork has doubled the size of its customs facilities in preparation for the likelihood that the United Kingdom (UK) will leave the European Union (EU) with a no-deal Brexit on 31 October 2019. After close examination of historical data and several simulation studies, the port concluded that in such a case, more intensive checks and declarations will probably be necessary. A no-deal Brexit is likely to substantially increase processing times at the border.
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 UK leaves the European Union.”
The port of Cork, which handled traffic of 10.66 million t, including container traffic of 229,000 teu in 2018, is the second largest port in the Republic of Ireland. The new Cork Container Terminal will become operational in 2020. (cd)