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Displaying items by tag: Denis O'Brien

Four people were reportedly injured when a superyacht owned by Irish media mogul Denis O’Brien listed while being relaunched from a dry dock in Italy.

According to Boat International, the 90-metre Nero was in the process of being moved out of the dock at Amico & Co in Genoa yesterday (Tuesday 10 September) when a support panel apparently gave way, causing the vessel to list dangerously in the dock on its port side.

It’s not yet known what damage has been caused to the popular charter yacht, part of the 1920s-inspired Corsair range, which was purchased by Denis O’Brien in 2014 for around €40 million and underwent a significant refit in Barcelona in 2016.

A statement from Döhle Yachts, which manages Nero, says the yacht listed at a 30-degree angle but "did not contact the dock wall and appears to have suffered only minimal damage".

The statement added that there was no risk to the environment and "no serious injuries" were sustained, with all crew safely disembarking after the incident, which is under investigation.

This story was updated on Thursday 12 September to include the statement from Döhle Yachts.

Published in Superyachts

#DublinPort - Billionaire businessman Denis O'Brien is behind an ambitious plan to make Dublin Port an international shipping services hub for the maritime industry, as The Irish Times reports.

The scheme has been presented to Dublin City Council as part of its call for submission on rezoning land in Dublin's Docklands area, already home to the Irish Financial Services Centre (IFSC).

It appears that the plan put forward by a company called ISSC Dublin - of which O'Brien is understood to be a financial backer - aims to do for shipping what the IFSC did for the international finance sector.

The Irish Maritime Development Organisation (IMDO) and IDA Ireland are also said to be involved in the ambitious project, which has the potential to create thousands of jobs.

The Irish Times has much more on the story HERE.

Published in Dublin Port

#QUAYCAPITAL - Businessman Denis O'Brien has spent about €1 million on the purchase of two campshire warehouses, fronting the south quays of the Liffey in Dublin's Docklands quarter.

The campshires are the stretches of land between the quay and road on both the north and south quays in Dublin, which in times past, were thronged with warehouses during the days when cargoships used to sail this far up the Liffey.

Mr O'Brien is expected to spend almost as much again on the upgrading and refurbishment work before renting the buildings as restaurants or for other retail uses.

The detached buildings at Sir John Rogerson's Quay date from the 1880s and were handed over to Nama after the Government decided to dissolve the disgraced Dublin Docklands Development Authority.

Selling agent CBRE said most of the considerable number of inquiries it received about the former BJ Marine warehouses came from the catering industry because of their unique quayside location in an area where a large number of professional workers are employed.

"There is obviously a growing demand for services in what has now become a vibrant business district," says Niamh Sheehan, who handled the sales. For more on this story, the Irish Times has a report.

Published in Waterfront Property

Marine Science Perhaps it is the work of the Irish research vessel RV Celtic Explorer out in the Atlantic Ocean that best highlights the essential nature of marine research, development and sustainable management, through which Ireland is developing a strong and well-deserved reputation as an emerging centre of excellence. From Wavebob Ocean energy technology to aquaculture to weather buoys and oil exploration these pages document the work of Irish marine science and how Irish scientists have secured prominent roles in many European and international marine science bodies.

 

At A Glance – Ocean Facts

  • 71% of the earth’s surface is covered by the ocean
  • The ocean is responsible for the water cycle, which affects our weather
  • The ocean absorbs 30% of the carbon dioxide added to the atmosphere by human activity
  • The real map of Ireland has a seabed territory ten times the size of its land area
  • The ocean is the support system of our planet.
  • Over half of the oxygen we breathe was produced in the ocean
  • The global market for seaweed is valued at approximately €5.4 billion
  • · Coral reefs are among the oldest ecosystems in the world — at 230 million years
  • 1.9 million people live within 5km of the coast in Ireland
  • Ocean waters hold nearly 20 million tons of gold. If we could mine all of the gold from the ocean, we would have enough to give every person on earth 9lbs of the precious metal!
  • Aquaculture is the fastest growing food sector in the world – Ireland is ranked 7th largest aquaculture producer in the EU
  • The Atlantic Ocean is the second largest ocean in the world, covering 20% of the earth’s surface. Out of all the oceans, the Atlantic Ocean is the saltiest
  • The Pacific Ocean is the largest ocean in the world. It’s bigger than all the continents put together
  • Ireland is surrounded by some of the most productive fishing grounds in Europe, with Irish commercial fish landings worth around €200 million annually
  • 97% of the earth’s water is in the ocean
  • The ocean provides the greatest amount of the world’s protein consumed by humans
  • Plastic affects 700 species in the oceans from plankton to whales.
  • Only 10% of the oceans have been explored.
  • 8 million tonnes of plastic enter the ocean each year, equal to dumping a garbage truck of plastic into the ocean every minute.
  • 12 humans have walked on the moon but only 3 humans have been to the deepest part of the ocean.

(Ref: Marine Institute)

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