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Displaying items by tag: Competition Commission

A two-year title sponsorship deal has been signed by Irish Sea ferry operator, Stena Line and the ice-hockey team the Belfast Giants, writes Jehan Ashmore.
Next month the team are to play in a special pre-season game against the Nottingham Panthers at the Odyssey Arena as part of the Hockey Festival Weekend (27-28 August). Following the festival the 'Giant's will then play their first competitive game at the same venue against the Sheffield Steelers in early September.

Stena Line themselves will be looking forward to introducing their own giants when two of the largest ferries are to be introduced on the North Channel in the Autumn. The two chartered 30,000grt sisterships are Superfast VII and Superfast VIII. To see the vessel breaking through an an ice-flow, click PHOTO. The 203m long pair can take 1,200 passengers, around 660 cars or 110 freight vehicles. To read more about these 'Superfast' class vessels and the new £80 port terminal click HERE.

The company's area director Michael McGrath said: "It's quite fitting that we are teaming up with the Stena Line Belfast Giants at this time as we prepare to introduce two of the largest ferries every to sail between Northern Ireland and Scotland when we open our new route and port in Cairnryan this November. The two Superfast vessels will be another two Giants to add to our team."

Last year Stena Line made a £40m acquisition of the Belfast to Liverpool (Birkenhead) and Heysham routes and four vessels from DFDS Seaways. The deal was approved by the Irish authorities but remained subject to clearance from the UK's Competition Commission until late last month when they fully approved the acquisition.

This brings to six routes the company runs on its Irish Sea route network where over two million passengers were carried each year, more than its rival ferry operators combined.

Published in Ferry
The €40m acquisition of DFDS Seaways by Stena AB through its subsidiary Stena Line (UK) Ltd last December has been approved by the Irish regulatory authority, though its UK counterpart awaits a decision, writes Jehan Ashmore.
The Irish Competition Authority's clearance of the proposed transaction sees Stena Line (UK) Ltd acquire the sole control of vessels, related assets, inventory, employees and contracts relating to passenger and freight ferry services operated by DFDS A/S.

Of the two services, the Belfast-Liverpool (Birkenhead) is for passengers and freight while the and Belfast-Heysham port route is exclusively for freight-only users. To read more about the decision from the authority click here.

In February the UK's Office of Fair Trading (OFT) referred Stena AB's acquisition from DFDS A/S to the Competition Commission, conclusions on the report are not expected to be made until 25 July. To read more about the merger click here.

In the meantime the Belfast-Liverpool (Birkenhead) route continues trading under the name of Stena Line Irish Sea Ferries Ltd which is separately operated to Stena Line's other Irish Sea routes.

Sailings on the 8-hour route are run by the Italian built 27,510 tonnes ro-pax twins Lagan Seaways and Mersey Seaways which have been in service since the newbuilds were launched in 2005.

As the acquisition remains subject to regulatory clearance, passengers intending to travel on the route can continue to make bookings through the DFDS Seaways website by logging onto this link.

In addition the acquisition involved the sale of the South Korean built freight-ferries Hibernia Seaways and Scotia Seaways which operate Belfast-Heysham sailings.

Published in Ferry

Stena Line's acquisition of DFDS Seaways Irish Sea services in December, has now been referred to the UK's Competition Commission by the Office of Fair Trading (OFT).

The £40m ferry deal for two routes, Belfast-Birkenhead (run by two chartered ro-pax ferries) and the Belfast-Heysham freight-only service, included two 114-trailer capacity vessels.

The Competition Commission is expected to submit its findings by the end of July while the Irish Competition Authority is also still investigating the merger. To read more about this, click the BBC report here.

Published in Ferry

The 2024 Vendée Globe Race

A record-sized fleet of 44 skippers are aiming for the tenth edition of the Vendée Globe: the 24,296 nautical miles solo non-stop round-the-world race from Les Sables d’Olonne in France, on Sunday, November 10 2024 and will be expected back in mid-January 2025.

Vendée Globe Race FAQs

Six women (Alexia Barrier, Clarisse Cremer, Isabelle Joschke, Sam Davies, Miranda Merron, Pip Hare).

Nine nations (France, Germany, Japan, Finland, Spain, Switzerland, Australia, and Great Britain)

After much speculation following Galway man Enda O’Coineen’s 2016 race debut for Ireland, there were as many as four campaigns proposed at one point, but unfortunately, none have reached the start line.

The Vendée Globe is a sailing race round the world, solo, non-stop and without assistance. It takes place every four years and it is regarded as the Everest of sailing. The event followed in the wake of the Golden Globe which had initiated the first circumnavigation of this type via the three capes (Good Hope, Leeuwin and Horn) in 1968.

The record to beat is Armel Le Cléac’h 74 days 3h 35 minutes 46s set in 2017. Some pundits are saying the boats could beat a sub-60 day time.

The number of theoretical miles to cover is 24,296 miles (45,000 km).

The IMOCA 60 ("Open 60"), is a development class monohull sailing yacht run by the International Monohull Open Class Association (IMOCA). The class pinnacle events are single or two-person ocean races, such as the Route du Rhum and the Vendée Globe.

Zero past winners are competing but two podiums 2017: Alex Thomson second, Jérémie Beyou third. It is also the fifth participation for Jean Le Cam and Alex Thomson, fourth for Arnaud Boissières and Jérémie Beyou.

The youngest on this ninth edition of the race is Alan Roura, 27 years old.

The oldest on this ninth edition is Jean Le Cam, 61 years old.

Over half the fleet are debutantes, totalling 18 first-timers.

The start procedure begins 8 minutes before the gun fires with the warning signal. At 4 minutes before, for the preparatory signal, the skipper must be alone on board, follow the countdown and take the line at the start signal at 13:02hrs local time. If an IMOCA crosses the line too early, it incurs a penalty of 5 hours which they will have to complete on the course before the latitude 38 ° 40 N (just north of Lisbon latitude). For safety reasons, there is no opportunity to turn back and recross the line. A competitor who has not crossed the starting line 60 minutes after the signal will be considered as not starting. They will have to wait until a time indicated by the race committee to start again. No departure will be given after November 18, 2020, at 1:02 p.m when the line closes.

The first boat could be home in sixty days. Expect the leaders from January 7th 2021 but to beat the 2017 race record they need to finish by January 19 2021.

Today, building a brand new IMOCA generally costs between 4.2 and €4.7million, without the sails but second-hand boats that are in short supply can be got for around €1m.

©Afloat 2020

Vendee Globe 2024 Key Figures

  • 10th edition
  • Six women (vs six in 2020)
  • 16 international skippers (vs 12 in 2020)
  • 11 nationalities represented: France, United Kingdom, Switzerland, Germany, Italy, Belgium, Hungary, Japan, China, USA, New Zealand (vs 9 in 2020)
  • 18 rookies (vs 20 in 2020)
  • 30 causes supported
  • 14 new IMOCAs (vs 9 in 2020)
  • Two 'handisport' skippers

At A Glance - Vendee Globe 2024

The 10th edition will leave from Les Sables d’Olonne on November 10, 2024

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