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Displaying items by tag: Sharjah

#VOLVO OCEAN RACE - The second leg of the Volvo Ocean Race from Cape Town to Dubai has been cut short by organisers as a result of the growing threat of piracy in the Indian Ocean, The Irish Times reports.

The six yachts competing will be protected by armed guards as they are shipped on a secret route to the United Arab Emirates due to piracy concerns.

The boats will be transported by ship from an undisclosed location to Sharjah in the Arabian Gulf, from where they will sprint to the finish line in Abu Dhabi.

All six teams are currently in Cape Town, with Team Sanya, PUMA and Abu Dhabi Ocean Racing hoping to get back in the race after retiring in the first leg.

As previously reported on Afloat.ie, NATO recently foiled a pirate attack on a Spanish fishing vessel between the Seychelles and the Somali coast.

The Irish Times has more on the story HERE.

Published in Ocean Race

About Foyle Port

Foyle Port, located in the North West region of Northern Ireland, is estimated to handle around 2 million tonnes of cargo per year, with a trade value of approximately £1 billion. The port plays a crucial role in facilitating the import of essential agri-products, supporting around 20,000 farms in the region, as well as various local business sectors such as fuel/oil and construction industries. The organisation supports an estimated 1000 direct and indirect jobs.

Originally located in the bustling heart of Derry City, the Commissioners relocated the port to its current deep-water location at Lisahally in 1993. The terminal boasts an impressive 440 metres of quay and can accommodate large vessels of up to 62,000 DWT. Foyle Port is primarily a bulk port and a significant importer of essential commodities such as oil, coal, animal feed, fertiliser, and plywood, all of which are vital for the North West rural region.

Since 2003, the organisation has experienced significant growth, doubling both turnover and profit and attracting approximately £100 million of inward investment to the region. This investment has supported projects, including a fertiliser plant, an oil tank farm, and a biomass power station.

Established by Act of Parliament in 1854, the Londonderry Port & Harbour Commissioners is an independent statutory authority with a duty to develop, maintain and operate to the highest standards of efficiency, financial prudence, environmental awareness, safety, and security. The Port is independent of the Government and is self-financing. All financial surpluses are reinvested in the business for the benefit of future generations of stakeholders.