Displaying items by tag: Hyundai Mipo Dockyard

13th May 2011

Dublin-Based d’Amico Group Introduce New Dry-Bulker Tonnage

The d'Amico Group, an international shipping company based in Dublin has acquired two handy-size dry-bulk newbuilds from a shipyard in South Korea this week, writes Jehan Ashmore.

Cielo di Dublino (photo) and her newer sister Cielo di San Francisco which was 'christened' on Tuesday by Mrs. Sandra Murphy, wife of Mr. Glenn Murphy, Director, Irish Maritime Development Office (IMDO). Together the vessels cost around US $60 million.

The new vessels were built at the Hyundai Mipo Dockyard (HMD) in Ulsan. The facility is one of the largest shipbuilding facilities in the world and since 1996 HMD has built around 500 ships and of a diverse variety. To see a cyber yard tour click this link.

Speaking at the ceremony Mr. Murphy commented: "d'Amico Group are one of a leading number of firms that are driving investment in this sector in Ireland which is contributing to new employment and growth opportunities".

Entry of the new dry-bulkers marks another important chapter in the d'Amico Group's development since it established its Irish office in 2002, as the vessels are managed from its Dublin office under the Irish Tonnage Tax (ITT) regime.

Four more newbuilds are under construction in Korea, scheduled for delivery in 2012, and two under construction in Japan which are due in 2013. The latter ships represent a further investment in excess of US $310 million to the Italian company that began and grew as a family business in 1936.

To read more about this logon to the IMDO website and also www.damicoship.com

Published in Ports & Shipping

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About the TP52 Racing Yacht

The TP52 racing yacht is a remarkable example of cutting-edge technology in the world of competitive yachting. Measuring 52 feet (15.85 metres) in length, this vessel is constructed entirely from carbon fibre, making it an incredibly light and agile craft.

The TP52 features a 6.25-metre high rig, complete with a fractional asymmetrical spinnaker and a self-tacking jib. This design reduces the workload of the crew, allowing for more efficient manoeuvres and freeing up the crew to focus on the mainsheet upwind and on two-sail reaches.

The spinnaker rigging set-up, measuring 15.00 m2, presents a challenge to even the most experienced crews, requiring them to be fit and perfectly coordinated. Maneuvering the boat requires athleticism due to the vessel's lack of inherent stability and the high speed generated by the fully battened mainsail and jib.

The TP52's hull is constructed of fibreglass-reinforced polyester in a foam sandwich layout, resulting in a weight of just 74kg. The fully battened mainsail and jib are made from a transparent Mylar laminate with orange or red Dacron trimming, while the spinnaker is manufactured from ripstop Nylon.

The mast is made up of three parts, featuring an aluminium bottom and middle section, with a polyester-fibreglass composite tip to increase mast bend and decrease overall weight. The capsizing moment, which can be generated by a heavy mast tip, is also reduced through this design. The TP52's foils are constructed from either aluminium or fibreglass, depending on the specific requirements of the vessel.

Overall, the TP52 racing yacht is an exceptional example of the latest advancements in yacht design and technology. Its lightweight construction, advanced rigging, and high-speed capabilities make it a top contender in the world of competitive yachting, challenging even the most skilled and experienced crews.