Port of Cork lands Cuban trade coup

Source: Irish Examiner

Port of Cork lands Cuban trade coup

Monday, April 25, 2016

Geoff Percival

Port of Cork has scored a major coup in landing a potentially lucrative spot on the first direct freight shipping service from northern Europe to Cuba since economic sanctions were removed on the Caribbean country.

Danish shipping giant Maersk — the world’s largest container carrier — began its first ever connection between northern European ports and Cuba last Friday, promising the fastest freight transit times between Europe and the Cuban port of Mariel.

The service will link the ports of Bremerhaven in Germany, Rotterdam, Tilbury in the UK and Cork to Mariel and onto Panama.
In the past month, Maersk has acted on rising demand from Irish-based customers by starting a new direct service between Dublin and Algeciras in Spain.

The Cuba development will not only be a boon for Port of Cork but will also act as a significant development for Irish exporters, providing a new opportunity to directly target the Latin American market.

Read more: http://www.irishexaminer.com/business/port-of-cork-lands-cuban-trade-coup-394887.html