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London is expected to provide a great SuperYacht venue for the Olympics and the hope is that some of the massive visitors may in turn continue cruising in Ireland according to www.YachtsLondon.com who are providing services to help yachts arrange to visit in 2012.

There are only a handful of capital cities that can accommodate SuperYachts in their hearts and London is one of these with its iconic river views of Tower Bridge, Greenwich, the O2 Dome and the Canary Wharf financial district.

A legacy of London's place at the centre of world trade in the past are its remaining docks which will provide high quality stern-to mooring for 50-100 large yachts as demand warrants. Canary Wharf will be the centre of this with added space in the Royal Docks next to City Airport. Yachts up to 200m LOA and 30m beam can be accommodated.

Hugh Agnew, one of the principals of YachtsLondon said that "many parties will be involved including dock owners, landowners, pier operators, PLA, MCA, security and suppliers. We can help with all of these, but the key at the moment is early decisions so that sufficient dock space is put in place for 2012."

As well as the Olympic Games there are many other events in the UK in 2012 including Superyacht Cup, J Class regattas, Westward Cup so if there was ever a year to plan to make UK the destination then 2012 will be it with the possibility to link to cruising in Ireland, Scotland and Scandinavia.

Published in Superyachts
Page 3 of 3

Ferry & Car Ferry News The ferry industry on the Irish Sea, is just like any other sector of the shipping industry, in that it is made up of a myriad of ship operators, owners, managers, charterers all contributing to providing a network of routes carried out by a variety of ships designed for different albeit similar purposes.

All this ferry activity involves conventional ferry tonnage, 'ro-pax', where the vessel's primary design is to carry more freight capacity rather than passengers. This is in some cases though, is in complete variance to the fast ferry craft where they carry many more passengers and charging a premium.

In reporting the ferry scene, we examine the constantly changing trends of this sector, as rival ferry operators are competing in an intensive environment, battling out for market share following the fallout of the economic crisis. All this has consequences some immediately felt, while at times, the effects can be drawn out over time, leading to the expense of others, through reduced competition or takeover or even face complete removal from the marketplace, as witnessed in recent years.

Arising from these challenging times, there are of course winners and losers, as exemplified in the trend to run high-speed ferry craft only during the peak-season summer months and on shorter distance routes. In addition, where fastcraft had once dominated the ferry scene, during the heady days from the mid-90's onwards, they have been replaced by recent newcomers in the form of the 'fast ferry' and with increased levels of luxury, yet seeming to form as a cost-effective alternative.

Irish Sea Ferry Routes

Irrespective of the type of vessel deployed on Irish Sea routes (between 2-9 hours), it is the ferry companies that keep the wheels of industry moving as freight vehicles literally (roll-on and roll-off) ships coupled with motoring tourists and the humble 'foot' passenger transported 363 days a year.

As such the exclusive freight-only operators provide important trading routes between Ireland and the UK, where the freight haulage customer is 'king' to generating year-round revenue to the ferry operator. However, custom built tonnage entering service in recent years has exceeded the level of capacity of the Irish Sea in certain quarters of the freight market.

A prime example of the necessity for trade in which we consumers often expect daily, though arguably question how it reached our shores, is the delivery of just in time perishable products to fill our supermarket shelves.

A visual manifestation of this is the arrival every morning and evening into our main ports, where a combination of ferries, ro-pax vessels and fast-craft all descend at the same time. In essence this a marine version to our road-based rush hour traffic going in and out along the commuter belts.

Across the Celtic Sea, the ferry scene coverage is also about those overnight direct ferry routes from Ireland connecting the north-western French ports in Brittany and Normandy.

Due to the seasonality of these routes to Europe, the ferry scene may be in the majority running between February to November, however by no means does this lessen operator competition.

Noting there have been plans over the years to run a direct Irish –Iberian ferry service, which would open up existing and develop new freight markets. Should a direct service open, it would bring new opportunities also for holidaymakers, where Spain is the most visited country in the EU visited by Irish holidaymakers ... heading for the sun!