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Displaying items by tag: Fisher 37

The Irish crew of a motor yacht were rescued after their vessel took on water and sank off the coast of Northern Spain on Friday (9 August).

Afloat.ie has learned from its skipper Vincent Duke that the Sujo, a Maltese-registered Fisher 37, was en route from A Coruña to Valentia Island at around 2am on Friday morning when a catastrophic failure of its stern gland cased the vessel to flood north of San Cibrao.

Duke and his crew Fergus Comerford and Mariusz Rozmus were picked up from their half-sunken vessel by the Spanish search and rescue vessel Salvimar Alioth.

The fate of the boat since the incident is currently unknown, as reported by regional newspaper La Voz de Galicia.

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As an island economy, a healthy maritime sector is key to our national competitiveness. Virtually all our imports and exports pass through Irish ports.

Ireland is dependent on ports and shipping services to transport goods and 90% of our trade is moved though Irish ports. Shipping and maritime transport services make a significant contribution to Ireland’s ocean economy, with the sector generating €2.3 billion in turnover and employing over 5,000 people in 2018.

Ireland’s maritime industry continues to grow and progress each year with Irish ports and shipping companies making significant investments. The ports sector in Ireland is currently undergoing a number of expansions and developments with Dublin Port’s Alexandra Basin development, the development of Ringaskiddy in Cork by Port of Cork and the development of Shannon Foynes Port. Along with these major investments, shipping companies are also investing heavily in new tonnage, with Irish Ferries, CLdN and Stena leading new build programmes.

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Our pages are covering some of the most notable arrivals around our coast and reporting too on port development and shipping news.

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A recent study carried out for the Irish Ports Association (IPA) totalled 75.7 billion during 2004 and their net economic impact was some 5.5 billion supporting around 57, 500 full time employees.

Liam Lacey, Director of the Marine Institute’s Irish Maritime Development Office (IMDO) said, “The Irish maritime industry can look to the future with confidence. It has shown itself to be resilient and agile in responding to challenges. Over the past decade, it has had to respond to the challenges of the financial crisis of 2008, the uncertainty surrounding Brexit and recent challenges. Ireland’s maritime sector has continued to underpin our economy by maintaining vital shipping links for both trade and tourism.”