Menu

Ireland's sailing, boating & maritime magazine

Displaying items by tag: 2020 Target

The Socio-Economic Marine Research Unit (SEMRU) at NUI Galway has released its latest update on the performance of Ireland’s Ocean Economy.

Coinciding with the Our Ocean Wealth Summit and the Government’s Annual Review of its Integrated Marine Plan – Harnessing Our Ocean Wealth, the report presents a complete and comparable profile across thirteen marine related industries in Ireland.

The update shows that Ireland’s ocean economy has a turnover of €6.2 billion, with a direct economic contribution, as measured by GVA, of €2.2 billion or 1.1% of GDP. Taking into account indirect GVA generated from ocean related activity in Ireland total GVA is €4.2bn, representing 2% of GDP.

Dr Stephen Hynes, co-author of the report and Director of SEMRU based at the Whitaker Institute for Innovation and Societal Change at NUI Galway, has advised Government that “the latest figures indicate that Ireland’s ocean economy continues to see growth across both established and emerging marine industries. We expect the Government’s 2020 target will be exceeded next year, and the gap is narrowing in terms of the Government’s ambitious 2030 target”.

SEMRU categorises Ireland’s ocean economy into two broad categories:

Ireland’s Established Marine Industries – comprised of traditional marine sectors such as shipping, seafood, tourism in marine and coastal areas, offshore energy, marine manufacturing & engineering and marine retail services – have an estimated turnover of €5.8 billion, provide employment of 32,048 FTEs. These segments of the ocean economy represent 93% of the total turnover and 94% of total employment. The top three sectors in terms of value and employment continue to be shipping, marine tourism and seafood.

Ireland’s Emerging Marine Industries – comprised on marine renewables, marine biotechnology, advanced marine products and services, and maritime commerce – have an estimated turnover of €459 million and provide employment to 2,084 FTEs representing 7% of the turnover and 6% of employment in Ireland’s ocean economy. Of the emerging industries marine commerce and the marine biotechnology and bio-products industries experienced the largest increases in turnover and GVA in the 2016-2018 period.

This year’s report also includes a socio-demographic profile of Ireland’s coastal economy and presents the values of a range of marine ecosystem services to Irish society. As pointed out by Dr Hynes “tracking marine economic activities, monitoring developments in our coastal economy and estimating the marine ecosystem service benefit values to Irish society promotes more informed maritime planning and more effective marine policy formation”.

The latest ocean economy report is funded by the Marine Institute through its Marine Research Programme.  Dr. Peter Heffernan, CEO of the Marine Institute notes that “Ireland is one of the few countries that has access to this regularily updated marine economic data, with trends now spanning over 10 years. These independent data and trends published by NUI Galway underpin the Vision set out by the Government in Harnessing Our Ocean Wealth whereby Ireland’s vast marine territory is harnessed in a sustainable manner and is recognised as an integral element of Ireland’s overall economy, generating benefits for Irish citizens and supported by integrated policy, planning and regulation”.

Commenting on the report, Professor Alan Ahearne, Director of the Whitaker Institute at NUI Galway stated: “With the uncertainty being generated by Brexit, our Ocean Wealth has never been more important to our economic prosperity. The figures published by SEMRU clearly demonstrate the importance and impact of targeted investment and research in developing a sustainable ocean economy here in Ireland”.

The latest figures have been announced by Minister for Agriculture, Food & the Marine, Michael Creed, TD at the Annual Ocean Wealth Summit in Cork. The 2019 Summit will see national and global leaders discuss the health of our oceans. This includes senior Government and UN representatives from island states sharing experiences on oceans’ health and climate change.

An inforgraphic on Ireland's 2018 Ocean Economy can be viewed here.

In addition for further information on SEMRU, please visit www.nuigalway.ie/semru/

Published in Marine Science

About The Middle Sea Race

The Rolex Middle Sea Race is a highly rated offshore classic, often mentioned in the same breath as the Rolex Fastnet, The Rolex Sydney–Hobart and Newport-Bermuda as a 'must do' race. The Royal Malta Yacht Club and the Royal Ocean Racing Club co-founded the race in 1968 and 2007 was the 28th Edition. Save for a break between 1984 and 1995 the event has been run annually attracting 25–30 yachts. In recent years, the number of entries has rissen sharply to 68 boats thanks to a new Organising Committee who managed to bring Rolex on board as title sponsor for the Middle Sea Race.

The race is a true challenge to skippers and crews who have to be at their very best to cope with the often changeable and demanding conditions. Equally, the race is blessed with unsurpassed scenery with its course, taking competitors close to a number of islands, which form marks of the course. Ted Turner described the MSR as "the most beautiful race course in the world".

Apart from Turner, famous competitors have included Eric Tabarly, Cino Ricci, Herbert von Karajan, Jim Dolan, Sir Chay Blyth and Sir Francis Chichester (fresh from his round the world adventure). High profile boats from the world's top designers take part, most in pursuit of line honours and the record – competing yachts include the extreme Open 60s, Riviera di Rimini and Shining; the maxis, Mistress Quickly, Zephyrus IV and Sagamore; and the pocket rockets such as the 41-foot J-125 Strait Dealer and the DK46, Fidessa Fastwave.

In 2006, Mike Sanderson and Seb Josse on board ABN Amro, winner of the Volvo Ocean Race, the super Maxis; Alfa Romeo and Maximus and the 2006 Rolex Middle Sea Race overall winner, Hasso Platner on board his MaxZ86, Morning Glory.

George David on board Rambler (ex-Alfa Romeo) managed a new course record in 2007 and in 2008, Thierry Bouchard on Spirit of Ad Hoc won the Rolex Middle Sea Race on board a Beneteau 40.7

The largest number of entries was 78 established in 2008.

Middle Sea Race History

IN THE BEGINNING

The Middle Sea Race was conceived as the result of sporting rivalry between great friends, Paul and John Ripard and an Englishman residing in Malta called Jimmy White, all members of the Royal Malta Yacht Club. In the early fifties, it was mainly British servicemen stationed in Malta who competitively raced. Even the boats had a military connection, since they were old German training boats captured by the British during the war. At the time, the RMYC only had a few Maltese members, amongst who were Paul and John Ripard.

So it was in the early sixties that Paul and Jimmy, together with a mutual friend, Alan Green (later to become the Race Director of the Royal Ocean Racing Club), set out to map a course designed to offer an exciting race in different conditions to those prevailing in Maltese coastal waters. They also decided the course would be slightly longer than the RORC's longest race, the Fastnet. The resulting course is the same as used today.

Ted Turner, CEO of Turner Communications (CNN) has written that the Middle Sea Race "must be the most beautiful race course in the world. What other event has an active volcano as a mark of the course?"

In all of its editions since it was first run in 1968 – won by Paul Ripard's brother John, the Rolex Middle Sea Race has attracted many prestigious names in yachting. Some of these have gone on to greater things in life and have actually left their imprint on the world at large. Amongst these one finds the late Raul Gardini who won line honours in 1979 on Rumegal, and who spearheaded the 1992 Italian Challenge for the America's Cup with Moro di Venezia.

Another former line honours winner (1971) who has passed away since was Frenchman Eric Tabarly winner of round the world and transatlantic races on Penduik. Before his death, he was in Malta again for the novel Around Europe Open UAP Race involving monohulls, catamarans and trimarans. The guest list for the Middle Sea Race has included VIP's of the likes of Sir Francis Chichester, who in 1966 was the first man to sail around the world single-handedly, making only one stop.

The list of top yachting names includes many Italians. It is, after all a premier race around their largest island. These include Navy Admiral Tino Straulino, Olympic gold medallist in the star class and Cino Ricci, well known yachting TV commentator. And it is also an Italian who in 1999 finally beat the course record set by Mistress Quickly in 1978. Top racing skipper Andrea Scarabelli beat it so resoundingly, he knocked off over six hours from the time that had stood unbeaten for 20 years.

World famous round the world race winners with a Middle Sea Race connection include yachting journalist Sir Robin Knox-Johnston and Les Williams, both from the UK.

The Maxi Class has long had a long and loving relationship with the Middle Sea Race. Right from the early days personalities such as Germany's Herbert Von Karajan, famous orchestra conductor and artistic director of the Berliner Philarmoniker, competing with his maxi Helisara IV. Later came Marvin Greene Jr, CEO of Reeves Communications Corporation and owner of the well known Nirvana (line honours in 1982) and Jim Dolan, CEO of Cablevision, whose Sagamore was back in 1999 to try and emulate the line honours she won in 1997.

THE COURSE RECORD

The course record was held by the San Francisco based, Robert McNeil on board his Maxi Turbo Sled Zephyrus IV when in 2000, he smashed the Course record which now stands at 64 hrs 49 mins 57 secs. Zephyrus IV is a Rechiel-Pugh design. In recent years, various maxis such as Alfa Romeo, Nokia, Maximus and Morning Glory have all tried to break this course record, but the wind Gods have never played along. Even the VOR winner, ABN AMro tried, but all failed in 2006.

However, George David came along on board Rambler in 2007 and demolished the course record established by Zephyrus IV in 2000. This now stands at 1 day, 23 hours, 55 minutes and 3 seconds.

At A Glance - Middle Sea Race 2024

First held: 1968

Organising Authority: Royal Malta Yacht Club

Start

The 45th Rolex Middle Sea Race will start on Saturday, 19 October 2024.

Grand Harbour, Valletta: seven separate starts, at 10-minute intervals, from 11:00 CEST Saturday, 21 October 2024

Start Line: between the Saluting Battery, Upper Barrakka Gardens (Valletta) and Fort St Angelo (Birgu)

Various vantage points all around the Grand Harbour, high up on the bastions or at water level. Harbour access for spectator boats is restricted during the period of the start.

Course

Set in the heart of the Mediterranean and is considered one of the most beautiful in the world. It starts and finishes in Malta, passes two active volcanoes and takes in the deep azure waters surrounding Sicily, and the Aeolian and Egadi Islands, as well as lonelier outposts of Pantelleria and Lampedusa, both closer to the African continent than Europe.

Length: 606 nautical miles (1,122km)

Outright Race Record: 33h 29m 28s, Argo, United States, Jason Carroll

Monohull Race Record: 40h 17m 50s, Comanche, Cayman Is, Mitch Booth

Main Trophies

Rolex Middle Sea Race Trophy – overall race winner under IRC Time Correction

Boccale de Mediterraneo – winner of ORC category

RLR Trophy – winner of monohull line honours

Captain Morgan Trophy – winner of multihull division on corrected time (MOCRA)

Featured Sailing School

INSS sidebutton

Featured Clubs

dbsc mainbutton
Howth Yacht Club
Kinsale Yacht Club
National Yacht Club
Royal Cork Yacht Club
Royal Irish Yacht club
Royal Saint George Yacht Club

Featured Brokers

leinster sidebutton

Featured Webcams

Featured Associations

ISA sidebutton
ICRA
isora sidebutton

Featured Marinas

dlmarina sidebutton

Featured Chandleries

CHMarine Afloat logo
https://afloat.ie/resources/marine-industry-news/viking-marine

Featured Sailmakers

northsails sidebutton
uksails sidebutton
watson sidebutton

Featured Blogs

W M Nixon - Sailing on Saturday
podcast sidebutton
BSB sidebutton
wavelengths sidebutton
 

Please show your support for Afloat by donating