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Displaying items by tag: Profits Slump

#H&W - Harland and Wolff, Belfast faces a tough year ahead having failed to secure a "sufficient workload" as the latest accounts shows a big drop in profits for 2015.

The Belfast Telegraph writes that the firm generated operating profit of £1m for the year ending December 2015, according to the latest accounts for Harland & Wolff Heavy Industries Ltd.

That was down from £8.6m a year earlier, however, turnover rose to £66.7m from £55.2m.

It says the directors consider the "results for the year are reflective of the difficult market conditions".

For more click here

Published in Belfast Lough

Beneteau 31.7 sailing in Ireland

In Ireland, the Beneteau First 31.7 Ireland One Design Class Association encourages and develop the use of the Beneteau First 31.7 yacht as a one-design keelboat, mainly for racing. 

Each year the association stages national championships with boats coming from different sailing across Ireland. The main centre is Dun Laoghaire Harbour where the bulk of the fleet (15 boats) are based at the National Yacht club but are moored at Dun Laoghaire Marina.

The Beneteau 31.7 boat is not new to Dublin Bay, as boats of this size and type have competed in DBSC in the Cruiser 2 class for some years.

However during the 2006 season, due to their increased numbers, DBSC granted the class its own racing start, thereby facilitating one-design racing for this cruiser/racer. 

Since then it has become one of the biggest one-design keelboat classes on the Bay.

One-design rules were drawn up to discourage modifications, maintain a level playing field and set a generally ‘Corinthian’ ethos.

To preserve the cruising dimension, the boat races with cushions aboard.

Numbers entered in DBSC have settled down to approx 15-18 boats, and regular Thursday and Saturday attendances over the season are usually of the order of 14 to 16 boats, reflecting good participation by members. Racing is close and competitive. 

In addition to scratch results, ECHO results are also posted. This combines the best of both worlds, providing one-design racing which the members like, while also providing an incentive and interest in turning out for those boats who may not always approach podium position on scratch.

At A Glance – Beneteau First 31.7 Specifications

L.O.A 9.61 m
Hull length 9.50 m
L.W.L. 8.80 m
Beam 3.23 m
Draught min (Deep draught keel) Cast iron 1.90 m
Ballast weight (Deep draught keel) 1 025 kg
Air draught (max) 13.90 m
Light displacement (EC) 3 750 kg
Fuel capacity 30 l
Freshwater capacity 160 l
Engine power 21 HP

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