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Dublin Port announced growth in cargo volumes of 4.7% to 28.4m gross tonnes for the first nine months of 2018. Within this total, imports increased by 6.0% and exports by 3.0%.
82% of the port’s volumes are in Ro-Ro trailers or Lo-Lo containers. Ro-Ro volumes are up by 4.3% to 768,000 units in the first three quarters while Lo-Lo containers grew by 5.5% to 544,000 TEU.
Imports of new vehicles increased by 6.0% to 78,000.
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Regarding trade in bulk solid commodities, they increased by 15.9% to 1.7m tonnes. The large increase was caused by increased imports of animal feeds due to the combination of a very dry summer following on from a harsh winter.
As for tourism, passenger numbers rose by 3.3% with the growth coming from cruise passengers.
In addition, the Port informed that it needs to invest €1 billion in the next ten years, while this year it invested €132m, guided by its Masterplan 2040. If the rates continue the way they are now, the Port will surpass its long-term Masterplan growth rate of 3.3% per annum.
Port of Dublin is currently working on the Alexandra Basin Redevelopment (ABR) Project, and will soon start a second major strategic infrastructure project to An Bord Pleanála, in order to make sure that it has a pipeline of consented projects ready to go.
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