Menu

Ireland's sailing, boating & maritime magazine

Displaying items by tag: HalfYearly Results

#HalfYearResults - Container and ferry operator, Irish Continental Group said the Brexit vote “shock” had a brief impact on tourism bookings. But they have since recovered as the ferry operator reported a 19.6 per cent increase in earnings for the first half, writes The Irish Times. 

Earnings before interest, tax, depreciation and amortisation (ebitda) rose to €30.5 million from €25.5 million for the same period last year. Cars carried on its division, Irish Ferries increased 5.5 per cent and roll-on, roll-off (RoRo) freight volumes gained 5.6 per cent.

Container (LoLo) volumes shipped during the period rose by 7.4 per cent, it said.

The result of the June Brexit referendum “had an initial negative impact on UK consumer demand”, said ICG. “The demand situation seems to have settled now as the initial shock of the referendum result has waned, although the negative sterling impact on yields remains.”

ICG said the outlook for the remainder of the year “is for a continuation of the overall business momentum seen to date, with some easing in our tourism revenues, growth in our RoRo and LoLo (lift-on, lift-off) revenue, and increased contribution” from chartering ships to third parties.

Total revenues rose by 5.2 per cent on the year to €150 million, while basic earnings per share increased 32 per cent to 10.3 cents. ICG will pay out a 3.82 cent dividend for the first half, up 5 per cent on its last interim dividend.

For more on the half-year results, click here.

Published in Ports & Shipping

The GP14 is a popular sailing dinghy, with well over 14,000 boats built.

The class is active in the UK, Ireland, Australia, South Africa, Sri Lanka and parts of north-eastern USA, and the GP14 can be used for both racing and cruising. 

Designed by Jack Holt in 1949, with the assistance of the Dovey Yacht Club in Aberdyfi. The idea behind the design was to build a General Purpose (GP) 14-foot dinghy which could be sailed or rowed, capable of also being powered effectively by a small outboard motor, able to be towed behind a small family car and able to be launched and recovered reasonably easily, and stable enough to be able to lie to moorings or anchor when required. Racing soon followed, initially with some degree of opposition from Yachting World, who had commissioned the design, and the boat soon turned out to be an outstanding racing design also.

The boat was initially designed with a main and small jib as a comfortable family dinghy. In a design philosophy that is both practical and highly redolent of social attitudes of the day the intention was that she should accommodate a family comprising parents plus two children, and specifically that the jib should be modest enough for "Mum" or older children to handle, while she should perform well enough to give "Dad" some excitement when not taking the family out. While this rig is still available, and can be useful when using the boat to teach sailing, or for family sailing, and has some popularity for cruising, the boat is more commonly seen with the full modern rig of a mainsail, genoa and spinnaker. Australian boats also routinely use trapezes.

GP14 Ireland Event Dates 2023

  • O'Tiarnaigh (Apr 22-23) Blessington Sailing Club
  • Ulsters (May 20-21) East Antrim Boat Club
  • Munsters (Jun 17-18) Tralee Bay Sailing Club
  • Leinsters (Jul 7-9) Dun Laoghaire Regatta
  • SOYC (Aug 19-20) Rush Sailing Club
  • Nationals (Sep 1-3) Sutton Dinghy Club
  • Hot Toddy (Sep 30-Oct 1) Royal North of Ireland Yacht Club

 

At A Glance – GP14 Dinghy Specifications

Crew 2
Draft 1,200 mm (47 in)
Hull weight 132.9 kg
LOA 4.27 m (14 ft)
Beam 1.54 m
Spinnaker area 8.4 m2
Upwind sail area 12.85 m2

Featured Sailing School

INSS sidebutton

Featured Clubs

dbsc mainbutton
Howth Yacht Club
Kinsale Yacht Club
National Yacht Club
Royal Cork Yacht Club
Royal Irish Yacht club
Royal Saint George Yacht Club

Featured Brokers

leinster sidebutton

Featured Webcams

Featured Associations

ISA sidebutton
ICRA
isora sidebutton

Featured Marinas

dlmarina sidebutton

Featured Chandleries

CHMarine Afloat logo
https://afloat.ie/resources/marine-industry-news/viking-marine

Featured Sailmakers

northsails sidebutton
uksails sidebutton
watson sidebutton

Featured Blogs

W M Nixon - Sailing on Saturday
podcast sidebutton
BSB sidebutton
wavelengths sidebutton
 

Please show your support for Afloat by donating