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Displaying items by tag: Set for 17% Hit

Dublin's sea trade which is around 17% could be affected by the coronavirus pandemic according to the Dublin Port Company.

It a statement the company says it "fully expects" a fall-off when the next quarterly results are published.

It says that 17% of trade in the port is with deep sea destinations such as China, which are "exposed" to the impact of the virus.

"We know that we will see a reduction in volumes affecting this portion of our trade, but we cannot comment meaningfully on the impact until after the end of the first quarter".

More on the story RTE reports here.