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Displaying items by tag: IrishUK trade

Ireland will never return to the type of trading relationship it enjoyed with Britain prior to Brexit, a leading customs official said on Monday as he warned of potential disruption for exporters.

Speaking at a briefing held at Dublin Port, Tom Talbot, head of Revenue’s customs operations (story), said ports were dealing well with post-Brexit border checks on goods coming from Britain into the Republic.

Just over two months since the introduction of border controls on imports following Britain’s exit from the European Union, Mr Talbot said traffic was still significantly lower than for the same period a year ago, which he attributed to a number of factors including stockpiling ahead of Brexit and the impact of store closures due to the Covid lockdown.

Checks

He said that currently about 80 per cent of all freight from Britain is being “green-routed”, meaning they can immediately proceed on their journey. Of the other 20 per cent, most of this is “orange-routed”, meaning document checks are required, while about 4 per cent is “red-routed”, indicating a physical check is necessary.

Mr Talbot said Revenue was happy with the level being achieved so far and said there would never be a day when all UK traffic could be green-routed.

“In practical terms the requirements that now apply to trade with the UK mean that there never will be a scenario that 100 per cent of goods ... will be able to arrive through the port seamlessly as they did when Britain was part of the EU,” said Mr Talbot.

The Irish Times has more including new figures released where from January 1st to February 28th there were 50,800 freight vehicle movements into Ireland from more than 870 ferries from Britain with over 2.6m import declarations processed.

During the same period there were 46,500 movements from the Republic to Britain. And some 320,000 export declarations.

Afloat adds further figures released on 1st March can be consulted on Gov.ie's Operational Update (2 month post-Brexit transition). The update highlights in depth the overall trading /shipping scene with a listing of 10 key headings.  

Published in Irish Ports

#IrishUKTrade - Enterprise Ireland are to seek its clients to be less reliant on the UK markets. The Irish Times writes the reduction will cut the proportion of their exports that go to Britain by about seven percentage points over the next five years, following the UK’s decision to leave the EU.

The agency responsible for helping Irish companies export to international markets, saw exports to the UK increase last year by 12 per cent to €7.5 billion.

The UK remains the Republic’s largest export market, though exports there as a proportion of Enterprise Ireland’s total client exports has declined from 45 per cent in 2005 to 37 per cent in 2015.

Enterprise Ireland UK and northern Europe director Marina Donohoe said on Monday “it would certainly be the intention” to reduce the figure further over the next number of years to mitigate the fallout from the referendum result.

For more on this story, click here.

Published in Ports & Shipping

About the TP52 Racing Yacht

The TP52 racing yacht is a remarkable example of cutting-edge technology in the world of competitive yachting. Measuring 52 feet (15.85 metres) in length, this vessel is constructed entirely from carbon fibre, making it an incredibly light and agile craft.

The TP52 features a 6.25-metre high rig, complete with a fractional asymmetrical spinnaker and a self-tacking jib. This design reduces the workload of the crew, allowing for more efficient manoeuvres and freeing up the crew to focus on the mainsheet upwind and on two-sail reaches.

The spinnaker rigging set-up, measuring 15.00 m2, presents a challenge to even the most experienced crews, requiring them to be fit and perfectly coordinated. Maneuvering the boat requires athleticism due to the vessel's lack of inherent stability and the high speed generated by the fully battened mainsail and jib.

The TP52's hull is constructed of fibreglass-reinforced polyester in a foam sandwich layout, resulting in a weight of just 74kg. The fully battened mainsail and jib are made from a transparent Mylar laminate with orange or red Dacron trimming, while the spinnaker is manufactured from ripstop Nylon.

The mast is made up of three parts, featuring an aluminium bottom and middle section, with a polyester-fibreglass composite tip to increase mast bend and decrease overall weight. The capsizing moment, which can be generated by a heavy mast tip, is also reduced through this design. The TP52's foils are constructed from either aluminium or fibreglass, depending on the specific requirements of the vessel.

Overall, the TP52 racing yacht is an exceptional example of the latest advancements in yacht design and technology. Its lightweight construction, advanced rigging, and high-speed capabilities make it a top contender in the world of competitive yachting, challenging even the most skilled and experienced crews.