The Port of Cork is the key seaport in the south of Ireland and is one of only two Irish ports which service the requirements of all six shipping modes i.e. Lift-on Lift-off, Roll-on Roll-off, Liquid Bulk, Dry Bulk, Break Bulk and Cruise. The port has made impressive strides in recent decades. Since 2000, the Port of Cork has invested €72 million in improving port infrastructure and facilities. Due to its favourable location on the south coast of Ireland and its modern deepwater facilities, the Port of Cork is ideally positioned for additional European trading as well as for yet unexploited direct deep sea shipping services.