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Ports In Ireland ‘Need EU Funding’ to Avoid Isolation Following Brexit

23rd March 2018
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Port of Cork chief executive Brendan Keating discussed Irish ports in a post-Brexit Europe to the Cork Chamber of Commerce yesterday and also to confirm the €80m redevelopment at Ringaskiddy will be completed by mid 2020 Port of Cork chief executive Brendan Keating discussed Irish ports in a post-Brexit Europe to the Cork Chamber of Commerce yesterday and also to confirm the €80m redevelopment at Ringaskiddy will be completed by mid 2020 Photo: Port of Cork -twitter

#Ports&Shipping - At significant risk of isolation will be Ireland following Brexit and this will need EU funding to shore up the lack of connectivity to major European routes says the Port of Cork chief executive.

As the Irish Examiner writes, Brendan Keating says there was a case to be made for grant aid from EU institutions following the UK leaving the bloc.

“We will be significantly more isolated because of Brexit. I’m concerned about maritime transport connectivity. State aid rules as currently constituted don’t allow EU support of the purchase of ships or that kind of mobile asset, I believe.

“However, I do believe some kind of subvention can be issued to operators of such ships for such services.

“We have similar arrangements in terms of the servicing of regional airports of this country, to the public service obligations-type instruments.

For further comments and developments for the Port of Cork click here.

Published in Ports & Shipping
Jehan Ashmore

About The Author

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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