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Displaying items by tag: £30m investment

#BelfastHarbour - A total investment of £30M by Belfast Harbour and Northern Ireland-based LCC Group have put the city at the centre of the global supply chain for hi-tech coal.

Since opening last year, LCC’s £12M facility has handled almost 500,000 tonnes of processed coal which is exported directly across the world to destinations such as Saudi Arabia, Australia, Scandinavia, mainland Europe and North Africa. LCC’s investment and export opportunity is built upon a circa £20m investment by Belfast Harbour in recent years to enhance its deep water and cranage capability.

The LCC facility, the most sophisticated of its kind in the world, removes impurities from coal. The coal can then be used to produce ferro alloy and silica metals which are used in the manufacture of hi-end products such as solar panels and medical equipment. LCC imports coal to Belfast from Columbia for processing before onward export.

Over 130 direct and indirect jobs are supported by the operation including engineers, lab technicians and port support services.

Michael Loughran of LCC Group, said: “This £12m investment means that LCC operates one of the most environmentally friendly, state-of-the-art coal processing facilities to be found anywhere in the world. In addition to creating 30 new jobs and up to 100 indirect jobs in supporting sectors, the facility has put Belfast at the heart of the global hi-tech coal industry.

“Working in partnership with Belfast Harbour and building upon its investments in port infrastructure, LCC is now to the fore of the emerging clean-tech coal sector. The facility is designed to meet the most stringent 21st century environmental standards, and uses the most up-to-date technology to combat potential air and water pollution.”

Michael Robinson, Belfast Harbour’s Commercial Director, added: “In recent years Belfast Harbour has invested around £20m in a new deep-water quay and new larger cranes to enhance its bulk cargo operations in anticipation of our customers’ future needs.  This has enabled the Port to handle ever larger vessels and accommodate LCC’s new facility beside its main bulk handling quay at Stormont Wharf.

“Belfast Harbour is now handling direct export shipments to Saudi Arabia for the first time in its history and recently exported bulk cargo to Australia for the first time in living memory. This new trade is also supporting jobs across a wide range of port services including stevedores and hauliers.”

As alluded above the port handled a shipment to Saudi Arabia last week which involved 20,000 tonnes of processed coal.

Published in Belfast Lough

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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