THE PORT OF Cork, the world’s second largest natural deep water harbour, has increased its turnover to €23.3 million, an increase of 6.5%.
The profit, after tax and costs, amounted to €1.74 million, an increase of 37% on the previous year.
The Port of Cork is a very busy, with a total of 62 cruise ships, carrying in excess of 122,500 passengers and crew arrived into the port in 2013.
It also receives a shipment once a week carrying four and a quarter million bananas – a full week’s supply of bananas for the country.
Port of Cork, Chief Executive Brendan Keating said he was very pleased with the results and the increased performance on 2012.
Traffic
“For the last couple of years, we have seen steady increases in our traffic volumes and annual performance, highlighting the slow but steady improvement in Ireland’s economy,” he said.
He announced that the Port of Cork Company and its Board of Directors have lodged a planning application for port redevelopment at Ringaskiddy.
“Being able to offer improved port facilities to our customers, is key in the continued success and competitiveness of the region and our business,” he added.
Keating added that the success of the port is of national significance and is central to a brighter future for the Irish economy because of the value it brings in moving goods to market for both customers and businesses alike.
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