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Displaying items by tag: Cork Docklands

The role of art and culture in re-imagining the future of port cities is the theme of an online Cork CityLabs seminar on June 7th.

In the Cork context, Cork Docklands is set to be Ireland’s largest regeneration project which will accommodate a population of around 25,000, a workforce of approximately 29,000, and a student population of more than 3,500.

Over 146 hectares of land will be developed over a 20-year period, which will see homes, schools, medical and social services, sports and recreation facilities, office space, pubs, bars, restaurants, hotels, retail and two new bridges for the city.

Speakers at the third annual Cork CityLabs “Future of Port” seminar, including representatives of Espacio Open in Bilbao; and the European Bauhaus Lighthouse project, Bauhaus of the Seas Sails in Malmo.

Full event details and link to join here

 

Published in Irish Ports
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Cork City Council and the Land Development Agency have set up a new office to oversee development of the Cork Docklands district.

And Taoiseach Micheál Martin was among those who hailed the move as “an opportunity to create a magnet for investment into Cork city” that aims to create 29,000 jobs and homes for 25,000 people.

The Irish Times reports on the new Cork City Docklands Delivery Office, which is tasked with developing almost 146 hectares of land along the city’s quays.

Among the projects it will evaluate are developments at Marina Park, the River Lee’s potential as an amenity and plans for a new transport hub at Kent Station, as well as two new bridges for the city.

The Irish Times has more on the story HERE.

Published in Port of Cork
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#ShippingCentre -According to Irish Maritime Development Office, there is a proposal to create a world-class cluster of international shipping services orientated companies (ISSC) based in Cork Docklands.

The proposed maritime cluster would also be a major urban regeneration scheme led by a group of individual and well-established property developers who plan to provide appropriate commercial, residential, and cultural amenities within the ISSC.

Technology is the number one FDI employer with over 14,000 professionals employed in the sector in Cork city. It is evident that technology is both transforming and disrupting financial services. The central role which technology will play in finance over the next decade is demonstrated by the decision by international bank State Street to partner with University College Cork and Zhejiang University to set up a Fintech Research and Development facility in Cork.

More recently there have been several developments in the area of alternative asset management and international private equity and this is an area of tremendous potential, given the success of these initiatives.

BNY Mellon also opened a business focused on mutual fund administration in 2007. Later they were also joined by Apex Fund Services, Hedgeserv and IPES, all establishing related operations. Other small clusters have built around expertise in investments and insurance. Davy, Investec and Blackbee all having a presence while in banking Bank of Ireland and AIB both provide a full service Corporate Banking offering in the region to FDI companies.

In leasing, Ardmore Shipping Corporation, an international operator and owner of a fleet of product and chemical tankers are engaged in worldwide trade. Ardmore have their principal operations office based in Cork (see related Bantry Bay ship story). All of the Big 4 (Deloitte, EY, KPMG and PWC) professional services firms have full offerings in the city.

With a working age population of over 400,000 within a one hour commute of the city, there is clearly large capacity for tremendous expansion. Underpinning all of this success is a favourable cost base and excellent quality of life metrics.

The new centre will bring employment, investment and a new lease of life to the Cork Docklands and will continue to grow Cork city as a new financial hub in Ireland.

 

Published in Port of Cork

#CorkDocklands - Cork’s Docklands are in line for a sprucing up with council proposals for a €6 million upgrade of its entrance, as the Evening Echo reports.

Albert Quay, Victoria Road, Albert Road and four traffic junctions would benefit from new pedestrian amenities such as a waterside plaza and cycling and public transport infrastructure under the scheme, which also aims to open two Docklands sites for housing within the next four years.

It’s expected that consultants will be appointed to the project in the new year, with designs to be finalised over the following 12 months.

The news follows plans unveiled in September for a transformation of the city’s Horgan’s Quay with offices, apartments and a new plaza adjacent to the River Lee.

Another project, Navigation Square, is being developed on the other side of lands put up for sale by the Port of Cork on Custom House Quay earlier this year.

The Evening Echo has more on the story HERE.

Published in Port of Cork
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#PortOfCork - Stakeholders in Cork Harbour have proposed bringing the mooted International Shipping Services Centre to Leeside, as the Irish Examiner reports.

Previously earmarked for Dublin Port, as discussed at the second Our Ocean Wealth summit in 2015, those plans have stalled in recent months — leaving a gap for Cork to step in and pitch Ireland’s second city as a “natural fit”, according to Port of Cork commercial manager Michael McCarthy.

That pitch was discussed at a briefing in the Port of Cork earlier this week, which gathered the IMDO, IDA Ireland and CBRE consultant Cormac Megannety, who devised the ISSC concept some years ago.

The meeting came after the news that Ireland’s shipping and transport sector is the largest contributor in turnover to the growth of the country’s ‘blue economy’, as previously reported on Afloat.ie.

Marine Minister Michael Creed and his predecessor, now Foreign Affairs Minister Simon Coveney, have also voiced their backing for the proposal, which has also been suggested as part of the existing €1 billion regeneration scheme for Cork’s Docklands.

The Irish Examiner has more on the story HERE.

Published in Port of Cork

#CorkHarbour - More than three acres of Cork docklands are coming to market, as the Irish Examiner reports.

The lands comprise a warehouse property between Monahan Road and Centre Park road east of the city centre, in an area already set for transformation between the revamped Páirc Uí Chaoimh and the new Marina Park regeneration project, adjacent to Cork City Marina by the former showgrounds.

Commercial and residential developers alike are expected to express interest in the 3.31-acre site, zoned for mixed use, and with a guide price of €1.2 million per acre.

Interest in this part of the city is growing with the imminent move of the Port of Cork downriver — and city planners are already meeting with potential buyers for the port’s historic buildings on Custom House Quay.

The Irish Examiner has more on the story HERE.

Published in Cork Harbour
This weekend the large German Navy salvage tug FGS Fehrmann (A1458) is on a visit to Cork City, writes Jehan Ashmore.
The 1,289 gross tonnes auxiliary vessel built in 1967 berthed yesterday at North Custom House Quay adjacent to the offices of the Port of Cork Company on the banks of the River Lee. She is one of two Type 720 'Helgoland' class tugs ordered for the German Navy.

Built by Schichau Seebeck Werft, Bremerhaven, the 68m vessel has a limited armament capability and a crew of 45. Her main role is as a safety ship for use in submarine training and is equipped for fire-fighting, icebreaking and wreck location duties.

The veteran vessel had called to Dublin Port last weekend while her stay in the southern city will end with a departure scheduled for Monday morning.

Published in Navy

Cork City Council is inviting interest in the design of a new 32 hectare park for Cork Docklands. The full details of the 'new island district' are here.

Published in Cork Harbour

RORC Fastnet Race

This race is both a blue riband international yachting fixture and a biennial offshore pilgrimage that attracts crews from all walks of life:- from aspiring sailors to professional crews; all ages and all professions. Some are racing for charity, others for a personal challenge.

For the world's top professional sailors, it is a 'must-do' race. For some, it will be their first-ever race, and for others, something they have competed in for over 50 years! The race attracts the most diverse fleet of yachts, from beautiful classic yachts to some of the fastest racing machines on the planet – and everything in between.

The testing course passes eight famous landmarks along the route: The Needles, Portland Bill, Start Point, the Lizard, Land’s End, the Fastnet Rock, Bishop’s Rock off the Scillies and Plymouth breakwater (now Cherbourg for 2021 and 2023). After the start in Cowes, the fleet heads westward down The Solent, before exiting into the English Channel at Hurst Castle. The finish for 2021 is in Cherbourg via the Fastnet Rock, off the southern tip of Ireland.

  • The leg across the Celtic Sea to (and from) the Fastnet Rock is known to be unpredictable and challenging. The competitors are exposed to fast-moving Atlantic weather systems and the fleet often encounter tough conditions
  • Flawless decision-making, determination and total commitment are the essential requirements. Crews have to manage and anticipate the changing tidal and meteorological conditions imposed by the complex course
  • The symbol of the race is the Fastnet Rock, located off the southern coast of Ireland. Also known as the Teardrop of Ireland, the Rock marks an evocative turning point in the challenging race
  • Once sailors reach the Fastnet Rock, they are well over halfway to the finish in Cherbourg.

Fastnet Race - FAQs

The 49th edition of the biennial Rolex Fastnet Race will start from the Royal Yacht Squadron line in Cowes, UK on Sunday 8th August 2021.

The next two editions of the race in 2021 and 2023 will finish in Cherbourg-en-Cotentin at the head of the Normandy peninsula, France

Over 300. A record fleet is once again anticipated for the world's largest offshore yacht race.

The international fleet attracts both enthusiastic amateur, the seasoned offshore racer, as well as out-and-out professionals from all corners of the world.

Boats of all shapes, sizes and age take part in this historic race, from 9m-34m (30-110ft) – and everything in between.

The Fastnet Race multihull course record is: 1 day 4 hours 2 minutes and 26 seconds (2019, Ultim Maxi Edmond de Rothschild, Franck Cammas / Charles Caudrelier)

The Fastnet Race monohull course record is: 1 day, 18 hours, 39 minutes (2011, Volvo 70, Abu Dhabi Ocean Racing).

David and Peter Askew's American VO70 Wizard won the 2019 Rolex Fastnet Race, claiming the Fastnet Challenge Cup for 1st in IRC Overall.

Rolex SA has been a longstanding sponsor of the race since 2001.

The first race was in 1925 with 7 boats. The Royal Ocean Racing Club was set up as a result.

The winner of the first Fastnet Race was the former pilot cutter Jolie Brise, a boat that is still sailing today.

Cork sailor Henry P F Donegan (1870-1940), who gave his total support for the Fastnet Race from its inception in 1925 and competed in the inaugural race in his 43ft cutter Gull from Cork.

Ireland has won the Fastnet Race twice. In 1987 the Dubois 40 Irish Independent won the Fastnet Race overall for the first time and then in 2007 – all of twenty years after Irish Independent’s win – Ireland secured the overall win again this time thanks to Ger O’Rourke’s Cookson 50 Chieftain from the Royal Western Yacht Club of Ireland in Kilrush.

©Afloat 2020

Fastnet Race 2023 Date

The 2023 50th Rolex Fastnet Race will start on Saturday, 22nd July 2023

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At A Glance – Fastnet Race

  • The world's largest offshore yacht race
  • The biennial race is 695 nautical miles - Cowes, Fastnet Rock, Cherbourg
  • A fleet of over 400 yachts regularly will take part
  • The international fleet is made up of over 26 countries
  • Multihull course record: 1 day, 8 hours, 48 minutes (2011, Banque Populaire V)
  • Monohull course record: 1 day, 18 hours, 39 minutes (2011, Volvo 70, Abu Dhabi)
  • Largest IRC Rated boat is the 100ft (30.48m) Scallywag 100 (HKG)
  • Some of the Smallest boats in the fleet are 30 footers
  • Rolex SA has been a longstanding sponsor of the race since 2001
  • The first race was in 1925 with 7 boats. The Royal Ocean Racing Club was set up as a result.

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