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Displaying items by tag: Contingency Plan

According to RTE News, it is expected the analysis will cover contingency planning for both a trade agreement being reached between the EU and UK, as well as a no-deal scenario.

Mr Coveney said the stakes are really high and "what we are doing as a Government is making sure that we are fully prepared for all scenarios".

In London, British Prime Minister Boris Johnson, asked whether he was hopeful of a Brexit deal, told reporters at a London hospital this morning: "I'm always hopeful... yes, I am very hopeful, but I've got to be honest with you I think the situation at the moment is very tricky."

Minister for Public Expenditure Michael McGrath, speaking on his way into Cabinet, said he is still hopeful a post-Brexit trade deal can be reached saying where "there's a will there's a way".

Mr McGrath said he thinks that it is a positive that European Union President Ursula von der Leyen and Mr Johnson are to meet later this week.

"We all know what the economic consequences are of no trade deal. For Ireland alone we are looking at potentially tariffs of up to €1.7 billion on our exports to the UK, with over 90% of that falling on the agri food sector. So the stakes are really high," Mr McGrath said.

It is understood that among the measures Cabinet will hear today is a plan to ensure that Covid-19 vaccines come to Ireland directly via EU ports, rather than through the UK land-bridge, in order to guarantee delivery.

In the past month there has been a further increase in the number of Irish businesses signing-up for required certification to trade with the UK, post-Brexit.

The latest data suggested 97% of exporters and 94% of importers now have an Economic Operators Registration and Identification number.

More including French fisheries as part of the Brexit talks, click here.

Published in Ports & Shipping

Ferry & Car Ferry News The ferry industry on the Irish Sea, is just like any other sector of the shipping industry, in that it is made up of a myriad of ship operators, owners, managers, charterers all contributing to providing a network of routes carried out by a variety of ships designed for different albeit similar purposes.

All this ferry activity involves conventional ferry tonnage, 'ro-pax', where the vessel's primary design is to carry more freight capacity rather than passengers. This is in some cases though, is in complete variance to the fast ferry craft where they carry many more passengers and charging a premium.

In reporting the ferry scene, we examine the constantly changing trends of this sector, as rival ferry operators are competing in an intensive environment, battling out for market share following the fallout of the economic crisis. All this has consequences some immediately felt, while at times, the effects can be drawn out over time, leading to the expense of others, through reduced competition or takeover or even face complete removal from the marketplace, as witnessed in recent years.

Arising from these challenging times, there are of course winners and losers, as exemplified in the trend to run high-speed ferry craft only during the peak-season summer months and on shorter distance routes. In addition, where fastcraft had once dominated the ferry scene, during the heady days from the mid-90's onwards, they have been replaced by recent newcomers in the form of the 'fast ferry' and with increased levels of luxury, yet seeming to form as a cost-effective alternative.

Irish Sea Ferry Routes

Irrespective of the type of vessel deployed on Irish Sea routes (between 2-9 hours), it is the ferry companies that keep the wheels of industry moving as freight vehicles literally (roll-on and roll-off) ships coupled with motoring tourists and the humble 'foot' passenger transported 363 days a year.

As such the exclusive freight-only operators provide important trading routes between Ireland and the UK, where the freight haulage customer is 'king' to generating year-round revenue to the ferry operator. However, custom built tonnage entering service in recent years has exceeded the level of capacity of the Irish Sea in certain quarters of the freight market.

A prime example of the necessity for trade in which we consumers often expect daily, though arguably question how it reached our shores, is the delivery of just in time perishable products to fill our supermarket shelves.

A visual manifestation of this is the arrival every morning and evening into our main ports, where a combination of ferries, ro-pax vessels and fast-craft all descend at the same time. In essence this a marine version to our road-based rush hour traffic going in and out along the commuter belts.

Across the Celtic Sea, the ferry scene coverage is also about those overnight direct ferry routes from Ireland connecting the north-western French ports in Brittany and Normandy.

Due to the seasonality of these routes to Europe, the ferry scene may be in the majority running between February to November, however by no means does this lessen operator competition.

Noting there have been plans over the years to run a direct Irish –Iberian ferry service, which would open up existing and develop new freight markets. Should a direct service open, it would bring new opportunities also for holidaymakers, where Spain is the most visited country in the EU visited by Irish holidaymakers ... heading for the sun!