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#PortTransfer - County councillors writes The Irish Times from all the main parties of Dún Laoghaire-Rathdown have expressed concern at potential financial liabilities involved in taking over responsibility for Dún Laoghaire Harbour.

The debate on due diligience issues as Afloat previously covered took place at a council meeting on Monday (last night). Councillors unanimously agreed “serious risks for the local authority” had been raised in a due diligence report commissioned by the council into the position of Dún Laoghaire Harbour Company.

Under the provisions of the Harbours Act 2015, (see National Ports Policy) responsibility for the harbour is due to be transferred from the Department of Transport to the local authority.

‘Urgent need’

However, Fianna Fail councillor Mary Hanafin said the due diligence report had identified “an urgent need for a risk assessment” in almost every area of the harbour company’s operations.
She said issues were raised about pension liabilities, legal costs, ownership of assets and liability for the repayment of grants which had been paid to the harbour company.
She told the meeting the grants could be as high as €112 million, and “the liabilities for clawback are absolutely potentially enormous”.

Fellow Fianna Fáil councillor Shay Brennan said taking over the harbour company could see its debts transferred to “every household between Dún Laoghaire and Dundrum”.

Fine Gael councillor John Bailey said the council wanted democratic control over the harbour, but not the liabilities of the harbour company - the scale of which he said was unknown.
He called for certified, audited accounts from the harbour company. “There is no way we are taking on this liability, I want the harbour but this is an absolute joke,” he said.
“Where are the audited accounts for 2015?”

Cllr Barry Ward of Fine Gael called for the dissolution of the harbour company before responsibility for the harbour is transferred to the council.
He said the council did not want a subsidiary company, because this would prevent “any oversight and governance” by the elected members.

He said the harbour company should be dissolved before the harbour comes under democratic accountability.

People Before Profit councillor Melisa Halpin also expressed concern over the due diligence report, saying councillors had been waiting 20 months to find out what the issues were.
She said there were “major questions” which remained to be asked in a risk assessment.

For more on the story including 'favouring dissolution' as discussed in the council chamber, click here.

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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