Port of Cork sees challenging conditions remaining despite relative optimism

Its financial performance was lower than that of 2019 but was ahead of expectations

While the 2020 financial performance at the Port of Cork was lower than that of 2019, it was ahead of the expectations set earlier in the year against the backdrop of the pandemic crisis.

Port of Cork has said the immediate trading landscape remains challenging, but that it is optimistic after posting better-than-expected figures for last year and the height of the Covid crisis.

Its optimism stems from a growing presence in the hybrid container ship/roll-on roll-off vessel space, a number of new routes established last year and the expected return of cruise ships to Cork sometime in 2022.