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Displaying items by tag: Increased Profits

The parent company of Irish Ferries, the Irish Continental Group, has today reported higher profits for 2023, but this was set back as its revenues dipped against background challenges of high inflation coupled with a slowdown in global trade.

According to the Dublin maritime transport group, its pre-tax profits for the year to the end of December had risen to €63.3 million from €62.5 million in 2022.

As for operating profits, they were driven from their ferry division, which saw a rise of 2.5% to €68.4 million from €66.7 million, which reflects a strong performance by Irish Ferries. 

The ferry brand operates routes on the Irish Sea (Dublin-Holyhead/Rosslare-Pembroke), a direct service to France (Dublin-Cherbourg), and on the Strait of Dover, linking between the UK’s busiest ferryport and Calais.

Among the operator's fleet, is the chartered in Oscar Wilde which has since made its debut on routes to Wales and France, and has also returned to the Rosslare-Pembroke route from where it entered service last year. As in the above photo caption, Afloat.ie reports on the cruiseferry which is currently on relief duties for ropax Norbay while in dry dock.

Returning to ICG accounts, where revenues achieved for the year, however, eased by 2.2% to €572 million from €584.9 million.

For more RTE News reports on details of ICG’s financial accounts, which also include divisions involving container operations and related terminals based in Dublin and Belfast.

In addition the coverage refers to the Oscar Wilde, as alluded above and which in 2024 the cruiseferry will operate on the Dublin-Holyhead and Dublin-Cherbourg routes.

Published in Irish Ferries

#ProfitsUp - The Port of Cork through increased activity saw profits increase by 79% to almost €4.5m last year, reports the Irish Examiner.

The State-owned company, which oversees port operations in Cork, saw revenue from charges to port users and property rental increase by 12.9% to €29.8m.

Ireland’s second busiest port also reported growth in the volume of goods passing through Cork in 2015 – up 8.6% to 11.02 million tonnes – although there was a slight decrease in the actual number of vessels – down 10 to 1,174.

In its annual report the company welcomed the decision by An Bord Pleanála, last May, to grant planning permission for a €100m redevelopment at Ringaskiddy which it described as a “critical infrastructure project”.

To read more click here

Published in Port of Cork

The home club of Laser Radial Olympic Silver medalist Annalise Murphy, the National Yacht Club is a lot more besides. It is also the spiritual home of the offshore sailing body ISORA, the Dun Laoghaire to Dingle Race and the biggest Flying Fifteen fleet in Ireland. Founded on a loyal membership, the National Yacht Club at the East Pier in Dun Laoghaire on Dublin Bay enjoys a family ethos and a strong fellowship in a relaxed atmosphere of support and friendship through sailing.

Bathing in the gentle waterfront ambience of Dun Laoghaire on the edge of South County Dublin, the National Yacht Club has graced the waters of the Irish Sea and far beyond for more than a century and in 2020 celebrates its sesquicentennial.  

The club is particularly active in dinghy and keelboat one-design racing and has hosted three World Championships in recent years including the Flying Fifteen Worlds in 2003, 2019 and the SB3 Worlds in 2008. The ISAF Youth Worlds was co-hosted with our neighbouring club the Royal St. George Yacht Club in 2012...

National Yacht Club Facilities

Facilities include a slipway directly accessing Dun Laoghaire Harbour, over eighty club moorings, platform parking, pontoons, fuelling, watering and crane-lifting ensure that the NYC is excellently equipped to cater for all the needs of the contemporary sailor. Berths with diesel, water, power and overnight facilities are available to cruising yachtsmen with shopping facilities being a short walk away. The club is active throughout the year with full dining and bar facilities and winter activities include bridge, snooker, quiz nights, wine tasting and special events.

National Yacht Club History

Although there are references to an active “club” prior to 1870, history records that the present clubhouse was erected in 1870 at a cost of £4,000 to a design by William Sterling and the Kingstown Royal Harbour Boat Club was registered with Lloyds in the same year. By 1872 the name had been changed to the Kingston Harbour Boat Club and this change was registered at Lloyds.

In 1881. the premises were purchased by a Captain Peacocke and others who formed a proprietary club called the Kingstown Harbour Yacht Club again registered at Lloyds. Some six years later in 1877 the building again changed hands being bought by a Mr Charles Barrington. and between 1877 and 1901 the club was very active and operated for a while as the “Absolute Club” although this change of name was never registered.

In 1901, the lease was purchased by three trustees who registered it as the Edward Yacht Club. In 1930 at a time when the Edward Yacht Club was relatively inactive, a committee including The Earl of Granard approached the trustees with a proposition to form the National Yacht Club. The Earl of Granard had been Commodore of the North Shannon Y.C. and was a senator in the W.T.Cosgrave government. An agreement was reached, the National Yacht Club was registered at Lloyds. The club burgee was created, red cross of Saint George with blue and white quarters being sky cloud, sea and surf. The Earl of Granard became the first Commodore.

In July of 1950, a warrant was issued to the National Yacht Club by the Government under the Merchant Shipping Act authorising members to hoist a club ensign in lieu of the National Flag. The new ensign to include a representation of the harp. This privilege is unique and specific to members of the National Yacht Club. Sterling’s design for the exterior of the club was a hybrid French Chateau and eighteenth century Garden Pavilion and today as a Class A restricted building it continues to provide elegant dining and bar facilities.

An early drawing of the building shows viewing balconies on the roof and the waterfront façade. Subsequent additions of platforms and a new slip to the seaward side and most recently the construction of new changing rooms, offices and boathouse provide state of the art facilities, capable of coping with major international and world championship events. The club provides a wide range of sailing facilities, from Junior training to family cruising, dinghy sailing to offshore racing and caters for most major classes of dinghies, one design keelboats, sports boats and cruiser racers. It provides training facilities within the ISA Youth Sailing Scheme and National Power Boat Schemes.

Past Commodores

1931 – 42 Earl of Granard 1942 – 45 T.J. Hamilton 1945 – 47 P.M. Purcell 1947 – 50 J.J. O’Leary 1950 – 55 A.A. Murphy 1955 – 60 J.J. O’Leary 1960 – 64 F. Lemass 1964 – 69 J.C. McConnell 1969 – 72 P.J. Johnston 1972 – 74 L. Boyd 1974 – 76 F.C. Winkelmann 1976 – 79 P.A. Browne 1979 – 83 W.A. Maguire 1983 – 87 F.J. Cooney 1987 – 88 J.J. Byrne 1988 – 91 M.F. Muldoon 1991 – 94 B.D. Barry 1994 – 97 M.P.B. Horgan 1997 – 00 B. MacNeaney 2000 – 02 I.E. Kiernan 2002 – 05 C.N.I. Moore 2005 – 08 C.J. Murphy 2008 – 11 P.D. Ryan 2011 – P. Barrington 2011-2014 Larry Power 2014-2017 Ronan Beirne 2017 – 2019

At A Glance - National Yacht Club 2024 Events

  • 24th February Optimist Sprint
  • 25th February Leinster Schools Team Racing
  • 3rd March Leinster Schools Team Racing
  • 13th April Lift in
  • 20th April Leinster Schools Team Racing
  • 23rd – 24th, 27th – 28th April University Invitational Match Racing Championships
  • 11th – 12th May 29er Easterns and Invitational Match Racing Nationals
  • 25th – 26th May Women at the Helm Regatta
  • 15th June NYC Regatta
  • 22nd – 23rd June Topper Southern Champs
  • 10th July NYC Junior Regatta
  • 5th September NYC End of Season Race
  • 21st – 22nd September F15 East Coast Championships
  • 5th October Start of F15 Frostbite Series
  • 12th October Lift Out
  • 19th – 20th October RS Aero Easterns

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