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Displaying items by tag: BrexitBuster ferries

#ferries - On top of the roof of Dublin Port Company's headquarters, you can see lots of building work amidst all the docked ships at the River Liffey's mouth.

And while that construction is not entirely Brexit-related, management at the port, BBC News reports, says it has to be prepared for the possibility of a no-deal and any potential economic fallout.

The UK is scheduled to leave the EU on 29 March, whether or not there is a negotiated deal. British Prime Minister Theresa May is hoping that her draft Withdrawal Agreement will get through the House of Commons, but preparations are under way in case it does not.

There is agreement across Irish society that Brexit will have an adverse effect on the country, but the worst scenario as far as the Irish government is concerned is that the UK leaves without a negotiated settlement. Politicians here refer to that option as a "hard" Brexit.

The International Monetary Fund forecasts that Ireland's economic growth would take a 4% hit "in the long run" if there is a "cliff-edge" break with the EU, because of the highly integrated nature of the Irish and UK economies.

And the independent Dublin-based think tank The Economic and Social Research Institute estimates that a "hard" Brexit could cost households up to €1,400 (£1,260) a year, because of a potential increase in food prices and possible trade tariffs.

Despite no-one in authority being in a position to predict how Brexit will unfold, the Irish government has already announced plans for an extra 1,000 customs and veterinary staff to work at Dublin and Rosslare ports and at airports, as well as new money to train people in sectors likely to be badly affected.

It has organised a series of very well-attended roadshows around the country with the involvement of state agencies with the theme "Getting Ireland Brexit Ready" for every Brexit scenario.

And there is evidence that more companies - worried about possible delays and resulting costs at Dover - are forsaking the UK land-bridge (incl. Holyhead) and for the new "Brexit-busting" super-ferries (see Afloat's report) that would sail directly between Dublin and Zeebrugge and Rotterdam, bypassing uncertainty in Britain.

It is too early to say what impact they are having, but the development is seen as significant.

There is an Irish political and economic consensus on Brexit.

For political reasons there is widespread agreement that there has to be a so-called "backstop" unless and until there is a wider trade agreement to avoid a hard border on the island of Ireland.

It is feared that such a border could risk a return to violence after a hard-won peace.

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Published in Ferry

New York Yacht Club’s biennial Invitational Cup

Ireland has a proud history in New York Yacht Club’s biennial Invitational Cup, with Irish participation from the very start and a podium result in 2019.

In 2009, two Irish Clubs,  Royal St. George in Dun Laoghaire and Royal Cork in Crosshaven, entered into New York's newest sailing competition that was reminiscent of Newport’s America’s Cup days when 19 yacht club teams from 14 nations descended on this “City by the Sea”.

The Rolex New York Yacht Club Invitational Cup is a competition between yacht clubs, with strict eligibility rules ensuring that each team is comprised exclusively of amateur sailors.

The competition, which was first run in 2009, has drawn entries from 49 clubs from 22 nations on all six inhabited continents.

The New York Yacht Club won the inaugural event in 2009, with the Royal Canadian Yacht Club winning in 2011 and 2013, England's Royal Thames Yacht Club winning in 2015 and Southern Yacht Club from New Orleans winning in 2017.

In 2019 the regatta was sailed for the first time in the New York Yacht Club’s fleet of IC37 yachts, and Royal Sydney Yacht Squadron, from Australia, became the first Southern Hemisphere club to win the trophy. And it was in this edition that Anthony O’Leary’s Royal Cork team took the bronze medal.