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Port of Cork Sees Signs of Recovery

14th August 2012
Port of Cork Sees Signs of Recovery

#PORT OF CORK – The Munster port posted an operating profit before exceptional costs of €1.3 million – down by €700,000 from 2010 – on a turnover of €21.4 million. Port of Cork chairman Dermot O'Mahoney expressed satisfaction at the port's performance in 2011.

Traffic amounted to 8.8 million tonnes in 2011, which matched 2010 levels, with oil amounting to 4.96 million tonnes and non-oil traffic accounting for 3.4 million tonnes, according to Mr O'Mahoney. Oil traffic, handled mainly at Conoco Phillips Whitegate Oil refinery, was down 1 per cent on 2010 but non-oil traffic maintained the same level as 2010.

Container traffic in 2011 increased by 6 per cent to 156,667 TEUs (Twenty Foot Equivalent Unit). For more about Ireland's second biggest port in terms of containers handled, a report appeared in yesterday's Irish Times.

Published in Port of Cork
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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