The potential for Brexit to disrupt Ireland’s international trade is real. Changes in transport routes have made headlines. But the real economic costs arise if trade diversion should occur. The potential for this remains unclear.
Although Brexit may disrupt trade flows, the UK will remain Ireland’s largest single trading partner and a key route to Europe. These UK ports are important for Irish trade flows to many destinations.
The growth in the size of megaships is driven by a number of efficiencies but there are also difficulties, such as the recent Suez Canal blockage, that may indicate a limit is nearby.
The Ever Given, with 18,300 containers on board, blocked the Suez Canal for a week before being dislodged. A maritime security expert identifies lessons.
Ships and cargo are getting smarter with more automation and better tracking reducing losses, damage and incidental costs.