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Displaying items by tag: Profits

In Larne Port, Co.Antrim, P&O Ferrymasters recorded a pre-tax profit of £11.1 million in results for the year in which its parent company, P&O Ferries, fired 800 workers across the UK and Ireland, the Belfast Telegraph reveals.

According to accounts for 2022, which were filed at Companies House last month by P&O Ferrymasters, the harbour town that connects Cairnryan, Scotland, had a strong financial performance. This took place just as its parent ferry company fired the existing workforce in order to hire other workers based on poorer terms.

The road and rail transport operations of P&O Ferrymasters are to be found internationally, as well as freight management within Europe.

Both North Channel ports of Larne and Cairnryan are part of the P&O Ferries group and are owned by Dubai-headquartered conglomerate DP World, which hit the headlines in March 2022 when a P&O Ferries official delivered a video message. This was issued to staff and crew, informing them their jobs were ending with immediate effect.

The mass sacking affected 800 people in total, including dozens of workers on the Larne-Cairnryan route who held protests at the north-east harbour over the actions of their former employer.

More from the newspaper on the story.

Published in Ferry

Irish Sailing Classes and Association – There’s no shortage of one-design classes from which to choose and each gives its enthusiasts great competition, fun and camaraderie, writes Graham Smith in this review of the classes. 

One-design racing is where it all starts. It is, after all, where all the top sailors earned their stripes, battling away for line honours without a thought for a handicapper’s calculator wiping away a hard-fought victory!

Indeed, you could count on less than one hand the number of top Irish sailors who didn’t cut their teeth in a one-design dinghy! Just think of Cudmore, Barrington, Watson, Wilkins, Hennessy and Dix to name a few and you realise that they honed their skills in everything from Enterprises to Lasers and a lot in between.

At present count, there are a little over 30 one-design classes in Ireland, split almost evenly between dinghies and keelboats, a statistic which might raise a few eyebrows. They range from the long-established Mermaids, IDRA14s and Dragons to the newer additions like Fevas, Topaz and RS Elite. They all fill a particular need and give their owners and crews considerable enjoyment.

Many have attracted their World or European Championships to Irish waters over the years and while 2009 is notable for a lack of such events here, the following year will see the Etchells Worlds at Howth and perhaps a few other international regattas too.

In addition to the review, we asked each class to complete a questionnaire giving details of their fleet numbers, whether they were on a growth pattern or holding their own, so we could highlight those ‘on the up’ and those remaining static in terms of numbers. The older traditional designs, as you might imagine, fall into the latter category, although that’s not a negative!

CLASS REVIEW  The State of the Classes – League Table (as at February 2009)

S = Static; U = Up/growing

275     Optimist   U

200+   Laser   S

189     Mermaid   S

160     Flying Fifteen   S

130     RS Feva   U

115     Shannon One Design    U

100+   Mirror   S

100+   Topper   U

99       Topaz   U

94       Laser SB3   U

87       GP14   U

85       Squib   S

70       Fireball   S

70       Ruffian   S

60       J24   S

60       Shipman   S

52       Dragon   S

50       RS400/200   S

50       420    U

43       Multihulls    U

42       Dragon    S

40       Water Wags    U

40       Wayfarer    S

34       IDRA14    U

33       Puppeteer    U

28       Etchells    S

27       E-Boat    U

26       Glen    S

25       Enterprise    S

18       Sigma 33    S

18       Howth 17    U

13       RS Elite    U