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Displaying items by tag: Competition Commission

A two-year title sponsorship deal has been signed by Irish Sea ferry operator, Stena Line and the ice-hockey team the Belfast Giants, writes Jehan Ashmore.
Next month the team are to play in a special pre-season game against the Nottingham Panthers at the Odyssey Arena as part of the Hockey Festival Weekend (27-28 August). Following the festival the 'Giant's will then play their first competitive game at the same venue against the Sheffield Steelers in early September.

Stena Line themselves will be looking forward to introducing their own giants when two of the largest ferries are to be introduced on the North Channel in the Autumn. The two chartered 30,000grt sisterships are Superfast VII and Superfast VIII. To see the vessel breaking through an an ice-flow, click PHOTO. The 203m long pair can take 1,200 passengers, around 660 cars or 110 freight vehicles. To read more about these 'Superfast' class vessels and the new £80 port terminal click HERE.

The company's area director Michael McGrath said: "It's quite fitting that we are teaming up with the Stena Line Belfast Giants at this time as we prepare to introduce two of the largest ferries every to sail between Northern Ireland and Scotland when we open our new route and port in Cairnryan this November. The two Superfast vessels will be another two Giants to add to our team."

Last year Stena Line made a £40m acquisition of the Belfast to Liverpool (Birkenhead) and Heysham routes and four vessels from DFDS Seaways. The deal was approved by the Irish authorities but remained subject to clearance from the UK's Competition Commission until late last month when they fully approved the acquisition.

This brings to six routes the company runs on its Irish Sea route network where over two million passengers were carried each year, more than its rival ferry operators combined.

Published in Ferry
The €40m acquisition of DFDS Seaways by Stena AB through its subsidiary Stena Line (UK) Ltd last December has been approved by the Irish regulatory authority, though its UK counterpart awaits a decision, writes Jehan Ashmore.
The Irish Competition Authority's clearance of the proposed transaction sees Stena Line (UK) Ltd acquire the sole control of vessels, related assets, inventory, employees and contracts relating to passenger and freight ferry services operated by DFDS A/S.

Of the two services, the Belfast-Liverpool (Birkenhead) is for passengers and freight while the and Belfast-Heysham port route is exclusively for freight-only users. To read more about the decision from the authority click here.

In February the UK's Office of Fair Trading (OFT) referred Stena AB's acquisition from DFDS A/S to the Competition Commission, conclusions on the report are not expected to be made until 25 July. To read more about the merger click here.

In the meantime the Belfast-Liverpool (Birkenhead) route continues trading under the name of Stena Line Irish Sea Ferries Ltd which is separately operated to Stena Line's other Irish Sea routes.

Sailings on the 8-hour route are run by the Italian built 27,510 tonnes ro-pax twins Lagan Seaways and Mersey Seaways which have been in service since the newbuilds were launched in 2005.

As the acquisition remains subject to regulatory clearance, passengers intending to travel on the route can continue to make bookings through the DFDS Seaways website by logging onto this link.

In addition the acquisition involved the sale of the South Korean built freight-ferries Hibernia Seaways and Scotia Seaways which operate Belfast-Heysham sailings.

Published in Ferry

Stena Line's acquisition of DFDS Seaways Irish Sea services in December, has now been referred to the UK's Competition Commission by the Office of Fair Trading (OFT).

The £40m ferry deal for two routes, Belfast-Birkenhead (run by two chartered ro-pax ferries) and the Belfast-Heysham freight-only service, included two 114-trailer capacity vessels.

The Competition Commission is expected to submit its findings by the end of July while the Irish Competition Authority is also still investigating the merger. To read more about this, click the BBC report here.

Published in Ferry

About the Golden Globe Race

The Golden Globe Race is the original round the world yacht race. In 1968, while man was preparing to take his first steps on the moon, a mild mannered and modest young man was setting out on his own record breaking voyage of discovery. Off shore yacht racing changed forever with adventurers and sailors, inspired by Sir Robin Knox-Johnston, following in his pioneering wake. Nine men started the first solo non-stop sailing race around the World. Only one finished. History was made. Navigating with a sextant, paper charts and an accurate and reliable time piece, Sir Robin navigated around the world. In 2018, to celebrate 50 years since that first record breaking achievement, the Golden Globe Race was resurrected. It instantly caught the attention of the worlds media as well as adventures, captivated by the spirit and opportunity. The original race is back.

The Golden Globe Race: Stepping back to the golden age of solo sailing

Like the original Sunday Times event back in 1968/9, the 2018 Golden Globe Race was very simple. Depart Les Sables d'Olonne, France on July 1st 2018 and sail solo, non-stop around the world, via the five Great Capes and return to Les Sables d'Olonne. Entrants are limited to use the same type of yachts and equipment that were available to Robin Knox-Johnston in that first race. That means sailing without modern technology or benefit of satellite-based navigation aids.

Competitors must sail in production boats between 32ft and 36ft overall (9.75 10.97m) designed prior to 1988 and having a full-length keel with rudder attached to their trailing edge. These yachts will be heavily built, strong and steady, similar in concept to Robin's 32ft vessel Suhaili.

In contrast to the current professional world of elite ocean racing, this edition travels back to a time known as the 'Golden Age' of solo sailing. Suhaili was a slow and steady 32ft double-ended ketch based on a William Atkins ERIC design. She is heavily built of teak and carried no computers, GPS, satellite phone nor water-maker, and Robin completed the challenge without the aid of modern-day shore-based weather routing advice. He had only a wind-up chronometer and a barograph to face the world alone, and caught rainwater to survive, but was at one with the ocean, able to contemplate and absorb all that this epic voyage had to offer.

This anniversary edition of the Golden Globe Race is a celebration of the original event, the winner, his boat and that significant world-first achievement. Competitors in this race will be sailing simple boats using basic equipment to guarantee a satisfying and personal experience. The challenge is pure and very raw, placing the adventure ahead of winning at all costs. It is for 'those who dare', just as it was for Knox-Johnston.

They will be navigating with sextant on paper charts, without electronic instruments or autopilots. They will hand-write their logs and determine the weather for themselves.

Only occasionally will they talk to loved ones and the outside world when long-range high frequency and ham radios allow.

It is now possible to race a monohull solo around the world in under 80 days, but sailors entered in this race will spend around 300 days at sea, challenging themselves and each other. The 2018 Golden Globe Race was a fitting tribute to the first edition and it's winner, Sir Robin Knox-Johnston.

Background on Don McIntyre (61) Race Founder

Don is an inveterate sailor and recognised as one of Australia s greatest explorers. Passionate about all forms of adventure and inspiring others, his desire is to recreate the Golden Age of solo sailing. Don finished 2nd in class in the 1990-91 BOC Challenge solo around the world yacht race. In 2010, he led the 4-man Talisker Bounty Boat challenge to re-enact the Mutiny on the Bounty voyage from Tonga to West Timor, in a simil