Irish Exporters Majority Braced for ‘Harmful Effect’ of Brexit

28th July 2016

One of the largest containerships serving Dublin 'feede'r routes to the UK, the 2,207 (TEU) capacity Nicolas Delmas of CMA-CGM departs Peel Ports MTL Terminal. The Rinsgend terminal is also from where Maersk subsidiary Seago Line recently introduced a larger replacement containership. Credit: Jehan Ashmore

#IEAonBrexit - Irish Exporters Association members in which an overwhelming 92% of them believe the decision by the UK to leave the European Union will have a harmful effect on their business.

UTV News says the IEA published the results of their recent survey of members on Thursday.

They say that even though the UK has yet to leave the EU, they are still being impacted by the weakening of Sterling, which has fallen against the Euro by 19% since mid-November and by 9% since the vote.

Overall, 92% of members said they think the vote will have a harmful impact on Irish exporters. For more, click here

Published in Ports & Shipping

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Jehan Ashmore

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Jehan Ashmore is a marine correspondent, researcher and photographer, specialising in Irish ports, shipping and the ferry sector serving the UK and directly to mainland Europe. Jehan also occasionally writes a column, 'Maritime' Dalkey for the (Dalkey Community Council Newsletter) in addition to contributing to UK marine periodicals.

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