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Displaying items by tag: Denis O'Brien

Four people were reportedly injured when a superyacht owned by Irish media mogul Denis O’Brien listed while being relaunched from a dry dock in Italy.

According to Boat International, the 90-metre Nero was in the process of being moved out of the dock at Amico & Co in Genoa yesterday (Tuesday 10 September) when a support panel apparently gave way, causing the vessel to list dangerously in the dock on its port side.

It’s not yet known what damage has been caused to the popular charter yacht, part of the 1920s-inspired Corsair range, which was purchased by Denis O’Brien in 2014 for around €40 million and underwent a significant refit in Barcelona in 2016.

A statement from Döhle Yachts, which manages Nero, says the yacht listed at a 30-degree angle but "did not contact the dock wall and appears to have suffered only minimal damage".

The statement added that there was no risk to the environment and "no serious injuries" were sustained, with all crew safely disembarking after the incident, which is under investigation.

This story was updated on Thursday 12 September to include the statement from Döhle Yachts.

Published in Superyachts

#DublinPort - Billionaire businessman Denis O'Brien is behind an ambitious plan to make Dublin Port an international shipping services hub for the maritime industry, as The Irish Times reports.

The scheme has been presented to Dublin City Council as part of its call for submission on rezoning land in Dublin's Docklands area, already home to the Irish Financial Services Centre (IFSC).

It appears that the plan put forward by a company called ISSC Dublin - of which O'Brien is understood to be a financial backer - aims to do for shipping what the IFSC did for the international finance sector.

The Irish Maritime Development Organisation (IMDO) and IDA Ireland are also said to be involved in the ambitious project, which has the potential to create thousands of jobs.

The Irish Times has much more on the story HERE.

Published in Dublin Port

#QUAYCAPITAL - Businessman Denis O'Brien has spent about €1 million on the purchase of two campshire warehouses, fronting the south quays of the Liffey in Dublin's Docklands quarter.

The campshires are the stretches of land between the quay and road on both the north and south quays in Dublin, which in times past, were thronged with warehouses during the days when cargoships used to sail this far up the Liffey.

Mr O'Brien is expected to spend almost as much again on the upgrading and refurbishment work before renting the buildings as restaurants or for other retail uses.

The detached buildings at Sir John Rogerson's Quay date from the 1880s and were handed over to Nama after the Government decided to dissolve the disgraced Dublin Docklands Development Authority.

Selling agent CBRE said most of the considerable number of inquiries it received about the former BJ Marine warehouses came from the catering industry because of their unique quayside location in an area where a large number of professional workers are employed.

"There is obviously a growing demand for services in what has now become a vibrant business district," says Niamh Sheehan, who handled the sales. For more on this story, the Irish Times has a report.

Published in Waterfront Property

The 2024 Vendée Globe Race

A record-sized fleet of 44 skippers are aiming for the tenth edition of the Vendée Globe: the 24,296 nautical miles solo non-stop round-the-world race from Les Sables d’Olonne in France, on Sunday, November 10 2024 and will be expected back in mid-January 2025.

Vendée Globe Race FAQs

Six women (Alexia Barrier, Clarisse Cremer, Isabelle Joschke, Sam Davies, Miranda Merron, Pip Hare).

Nine nations (France, Germany, Japan, Finland, Spain, Switzerland, Australia, and Great Britain)

After much speculation following Galway man Enda O’Coineen’s 2016 race debut for Ireland, there were as many as four campaigns proposed at one point, but unfortunately, none have reached the start line.

The Vendée Globe is a sailing race round the world, solo, non-stop and without assistance. It takes place every four years and it is regarded as the Everest of sailing. The event followed in the wake of the Golden Globe which had initiated the first circumnavigation of this type via the three capes (Good Hope, Leeuwin and Horn) in 1968.

The record to beat is Armel Le Cléac’h 74 days 3h 35 minutes 46s set in 2017. Some pundits are saying the boats could beat a sub-60 day time.

The number of theoretical miles to cover is 24,296 miles (45,000 km).

The IMOCA 60 ("Open 60"), is a development class monohull sailing yacht run by the International Monohull Open Class Association (IMOCA). The class pinnacle events are single or two-person ocean races, such as the Route du Rhum and the Vendée Globe.

Zero past winners are competing but two podiums 2017: Alex Thomson second, Jérémie Beyou third. It is also the fifth participation for Jean Le Cam and Alex Thomson, fourth for Arnaud Boissières and Jérémie Beyou.

The youngest on this ninth edition of the race is Alan Roura, 27 years old.

The oldest on this ninth edition is Jean Le Cam, 61 years old.

Over half the fleet are debutantes, totalling 18 first-timers.

The start procedure begins 8 minutes before the gun fires with the warning signal. At 4 minutes before, for the preparatory signal, the skipper must be alone on board, follow the countdown and take the line at the start signal at 13:02hrs local time. If an IMOCA crosses the line too early, it incurs a penalty of 5 hours which they will have to complete on the course before the latitude 38 ° 40 N (just north of Lisbon latitude). For safety reasons, there is no opportunity to turn back and recross the line. A competitor who has not crossed the starting line 60 minutes after the signal will be considered as not starting. They will have to wait until a time indicated by the race committee to start again. No departure will be given after November 18, 2020, at 1:02 p.m when the line closes.

The first boat could be home in sixty days. Expect the leaders from January 7th 2021 but to beat the 2017 race record they need to finish by January 19 2021.

Today, building a brand new IMOCA generally costs between 4.2 and €4.7million, without the sails but second-hand boats that are in short supply can be got for around €1m.

©Afloat 2020

Vendee Globe 2024 Key Figures

  • 10th edition
  • Six women (vs six in 2020)
  • 16 international skippers (vs 12 in 2020)
  • 11 nationalities represented: France, United Kingdom, Switzerland, Germany, Italy, Belgium, Hungary, Japan, China, USA, New Zealand (vs 9 in 2020)
  • 18 rookies (vs 20 in 2020)
  • 30 causes supported
  • 14 new IMOCAs (vs 9 in 2020)
  • Two 'handisport' skippers

At A Glance - Vendee Globe 2024

The 10th edition will leave from Les Sables d’Olonne on November 10, 2024

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