Displaying items by tag: Exports to UK Fall

19th October 2016

Irish Exports to UK Fall €300m in First 8 Months of 2016

Irish Sea Trading: A total €9.5bn worth in goods were exported from Ireland to the UK in the period January-August 2016

#IrishEXports - A total €9.5bn worth of goods were exported to the United Kingdom in the first eight months of this year, according to the Central Statistics Office (CSO).

As reported on Newstalk, this represented a €300m drop from the €9.8bn it exported to Great Britain and Northern Ireland in the same period in 2015. This suggests that the Brexit vote and weakening sterling are starting to have an impact.

The new CSO data also shows we were importing less from the UK, down to €10.59bn for the first eight months of the year compared to the €11.53bn spend for the same period in 2015.

Ireland is the UK’s fifth largest trading partner. However, the value of Ireland's seasonally-adjusted goods exports fell by 11.5% following the UK's decision to leave the EU.

The price of the sterling also continues to drop, as Irish exporters face an uncertain future due to Brexit.

For more statistics click here

Published in Ports & Shipping

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RC35 Class

The concept of the RC35 Class is to bring together similar boats within a close handicap banding and to work with owners and crews to develop the best racing experience possible on the Clyde and the Irish Sea area. The Class is within a tight rating band (IRC 1.015-1.040) yacht racing will be in Scotland, Ireland and Wales.

Q: What is the RC35 ‘Rule’?
A: Qualifying yachts for the RC35 Class will sit within an IRC Banding of 1.015 to 1.040. In 2017 it is proposed that a tolerance of +/- 0.05pts will be permitted

Q: Are there any other criteria?
A: RC35 takes the most prevalent IRC racing boats on the Clyde and groups them within a fixed rating band. Qualifying boats will have an LOA 32ft—38ft and displacement of between 3,000kg—9,000kg. The rule also requires boats conform to ISAF Cat.4 be anti-fouled and not dry sailed. A limit of sail purchases (2 per year) also applies.

Q: What is the RC35 Championship?
A: The RC35 Championship will cover 8 events (6 to count) and include events such as Scottish Series, Dun Laoghaire/Bangor and an RC35 Championship weekend. Each year the Class will make a commitment to one ‘away’ regatta as part of the Championship.