Displaying items by tag: EU funding
#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.