Menu

Ireland's sailing, boating & maritime magazine

Displaying items by tag: Finance Wales

#FERRY NEWS - The operators of the Celtic Sea ferry route between Cork-Swansea need to secure over €1m in investment today in order to save the company after being thrown a €300,000 funding lifeline by Cork's local authorities.

Cork City Council agreed last night to invest €100,000 in the Fastnet Line, bringing its total investment in the company to €365,000.

It followed a 90-minute behind closed doors presentation by Fastnet Line's acting chief executive officer, Pádraic O'Kane. He is due to meet Enterprise Ireland this morning to discuss further investment. He declined to discuss the amount involved, but it is understood to be in the region of €400,000.

Finance Wales will await the outcome of those talks before it agrees to pump up to €800,000 in to the firm. For more about this story in today's Examiner click HERE

Published in Ferry

About The Route du Rhum – Destination Guadeloupe

Created in 1978 by Michel Etevenon, La Route du Rhum-Destination Guadeloupe is regarded as the queen of solo transatlantic races.

For 44 years, the race has joined Saint-Malo in Brittany to Pointe-à-Pitre in Guadeloupe. It musters the biggest fleet ocean racing fleet of all levels on the same starting line. This transatlantic course at a total distance of 3,542 miles has become legendary as its unique magic is all about the range of different classes and the mix of competitors.

Some of the best solo racers in the world of sailing, professionals and amateurs, meet every four years to taste "the magic of the Rhum".

On November 6 2022, this legendary race will set off once again, taking on the Atlantic whilst appealing to a broad mass of public fans and followers. They are offered the chance to dream, to escape and share the wonder with the solo racers who are all ready to go to sea and challenge the Autumn Atlantic.

At A Glance - Route du Rhum 2022 start date

La Route du Rhum – Destination Guadeloupe 2022 starts on November 6 off Saint-Malo, France

Featured Sailing School

INSS sidebutton

Featured Clubs

dbsc mainbutton
Howth Yacht Club
Kinsale Yacht Club
National Yacht Club
Royal Cork Yacht Club
Royal Irish Yacht club
Royal Saint George Yacht Club

Featured Brokers

leinster sidebutton

Featured Webcams

Featured Associations

ISA sidebutton
ICRA
isora sidebutton

Featured Marinas

dlmarina sidebutton

Featured Chandleries

CHMarine Afloat logo
https://afloat.ie/resources/marine-industry-news/viking-marine

Featured Sailmakers

northsails sidebutton
uksails sidebutton
watson sidebutton

Featured Blogs

W M Nixon - Sailing on Saturday
podcast sidebutton
BSB sidebutton
wavelengths sidebutton
 

Please show your support for Afloat by donating