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Displaying items by tag: Whitefish Vessel Scrappage

A total of 13 fishing vessel owners have accepted decommissioning offers to date under the Government’s whitefish scrappage scheme.

Figures released by Bord Iascaigh Mhara (BIM) confirm that a further 20 offers which it has issued to applicants are being appealed.

The final closing date for acceptance is March 2nd, 2023.

The Government is seeking to decommission up to 60 vessels from the whitefish fleet, as a result of the overall loss of 25 per cent quota due to Brexit, and letters of offer to 57 owners were issued in January by BIM.

BIM said this would ensure that over 9,000 tonnes of quota fish valued at €35 million annually would be available for remaining whitefish vessels to catch, ensuring the remaining fleet's economic viability into the future.

However, Irish industry organisations, who have been seeking a meeting with the Taoiseach on the issue, said there is considerable anger among a number of those who received offers.

Some received offers well below the quoted maximum sum of 12,000 euro per gross tonne.

Applicants who received funding for temporary tie-ups as a Brexit impact measure have also been told this money must be paid back under State aid rules.

Irish South and East Fish Producers’ Organisation chief executive John Lynch said this was “particularly petty”, given that these vessels were not catching quota when tied up.

The funding for the decommissioning scheme is being paid from the Brexit Adjustment Reserve (BAR) awarded by the EU to Ireland. The sum of almost 1 billion euros must be used up within two years or returned.

Irish Fish Producers’ Organisation (IFPO) chief executive Aodh O’Donnell has said the Irish government should be keeping tonnage within the State to ensure there is a route for young skippers seeking to buy vessels at a later date.

Marine minister Charlie McConalogue increased funding for the scheme from 60 million euros to 75 million euros in January, but the IS&WFPO says a realistic scheme would cost at least 96 million euros.

BIM said, “the requirement to repay the tie-up money is an EU rule”.

“The tie-up money is deducted from the overall grant. Any savings go back into Ireland’s BAR,” it said.

BIM said that selling or donating vessels to be decommissioned to third parties is not allowed under EU law.

“The re-purposing of vessels is allowed for in EU legislation, but it was decided that this created difficulties from a taxation point of view and would in practice be difficult to monitor,” it said.

“Several vessels are in the process of being scrapped,” BIM said.

Published in Fishing

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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