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Displaying items by tag: Operators Impacted

The Irish Exporters Association chief executive has warned that a number of Irish companies are going to be impacted by the coronavirus.

Simon McKeever told RTÉ radio’s News at One that markets are being affected by the virus as it is difficult to get items into and out of China. He also said that members are also beginning to see a slow down in payments from China as businesses have closed because of the virus.

The lack of components from China will have an impact at micro level for a number of Irish companies, he said as the production of source items has come to a halt.

His members are saying that the difficulties caused by the virus will have “an acute impact” in four to six weeks and even if the peak of the virus has passed, there could still be a six to eight week tail back as logistical systems get back on line.

Freight companies are also having to ship into other countries as Chinese ports are full, he said.

The Irish Examiner has more here relating to Irish people on board two cruise ships where the virus has been detected. 

Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.