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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

National Watersports Campus, Dun Laoghaire

Dun Laoghaire Harbour Stakeholders combined forces in 2019 to promote a project to improve the Harbour’s infrastructure resulting in improved access, job creation and greater tourism potential. 

A grant application to government made by Dun Laoghaire Rathdown County Council (DLRCoCo) assisted by stakeholders was successful with the announcement of a €400k feasibility study grant from the Large Scale Sport Infrastructure Fund (LSSIF) in January 2020.

It meant plans for the €8m National Watersports Campus at Dun Laoghaire Harbour got the green light from Government and came a step closer to reality.

The project recognises deficits in the current set up in the harbour, proposing the construction of an all-tide publicly-accessible slipway (none currently in the Greater Dublin Area) as well as a marine services facility, providing a much-needed home for the supporting industry. 

The campus also seeks to provide a marketing framework to make boating more accessible to the general public.

The benefits of such an increase might be obvious for the Dun Laoghaire waterfront but there are other spin-offs for the harbour town in the creation of the sort of jobs that cannot be shipped abroad.

Centre for Community Watersports activity and public slipway

  • High-Performance coaching centre
  • Flexible Event Space for hosting national and international events
  • Multipurpose Building
  • Campus Marketing and Promotional Centre
  • Accommodation for Irish Sailing and Irish Underwater Council
  • Shared NGB Facility
  • Education Centre for schools, community groups and clubs
  • Proposed site – Carlisle Pier

Watersports Campus FAQs

Similar to the National Sports Campus in Abbotstown, the watersports campus will provide quality, public, recreational and high-performance facilities for the many watersports participants. The Campus will considerably enhance the services currently provided by more than 30 clubs and activity centres to over 50,000 annual users of the harbour.

The passing of control of the harbour to DLRCC, the public appetite for a community benefitting project and the capital funding for sports infrastructure in the Project 2040 National Plan have aligned to create an opportunity to deliver this proposal.

Dun Laoghaire Rathdown County Council (DLRCC) and the Irish Sailing Association (Irish Sailing) are the project leads, endorsed by the National Governing Bodies of other Irish watersports and clubs and activity providers.

The National Sports Policy, published in 2018, established the Large Scale Sport Infrastructure Fund (LSSIF) to provide Exchequer support for sports facility projects. In some cases, these may be projects where the primary objective will be to increase active participation in sport. In other cases, these may be venues where the focus is more related to high-performance sport.

Government has allocated at least €100m over the term to 2027 to successful applicant projects.

The Watersports Campus was one of seven successful applicants for Stream 1 funding allowing planning to commence on the project design and feasibility. €442,000 has been granted in this phase.

NThe project will provide for a municipally-owned public access facility to include a small craft slipway that is accessible at all stages of the tide (currently none in public ownership in the greater Dublin area), storage and lock-up resources, watersports event management space, a high-performance centre and NGB accommodation.

The project aims to enhance the profile of Dun Laoghaire as a major international venue for maritime events, shows and conferences. Establish Dun Laoghaire as the 'go-to place' for anything marine – generating revenues Create employment in the county - attract businesses, visitors and events. Grow the market for watersports Promote the services of activity providers to the public. Complement the plan to develop Dun Laoghaire as a 'destination.'

As of January 1 2021, The Department of Transport, Tourism and Sport has approved the applicant project and DLRCC are expected to appoint a team to further advance the project.

©Afloat 2020