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Displaying items by tag: Budget 2012

#BUDGET - Coastguard and lifeboat services, mountain rescue and the Commissioners of Irish Lights will not face any further funding cuts in the latest Budget, according to the Minister for Transport.

The Irish Times reports that, following the reduction of his department's budget, Minister Leo Varakdar stated that substantial cuts have already occurred in the maritime safety sector.

Moreover, he announced an increase in the maritime budget from €70.5 million to €80.3 million, due to provisions for the new Irish Coast Guard helicopter contract.

Earlier this week, Minister for Agriculture, Food and the Marine, Simon Coveney, underlined the importance of the marine sector to Ireland's coastal communities.

As previously reported on Afloat.ie, Minister Coveney announced a round of expenditure estimates on Monday which include increased funding for investment in processing, aquaculture and fishery harbours.

Published in Budget

About SailGP

SailGP unites world-class athletic talent and cutting-edge technology. Eight teams representing Australia, Denmark, France, Great Britain, Japan, New Zealand, Spain and the United States will contest eight events held in as many countries over an 11-month period. Following the season opener in Bermuda, the championship visits renowned sailing locations in Italy, the United Kingdom, Denmark, France, Spain and New Zealand. San Francisco, United States, has the honour of closing proceedings with the Grand Final on 26–27 March 2022. Among those vying for the crown is the Great Britain team led by Rolex Testimonee and four-time Rolex World Sailor of the Year, Sir Ben Ainslie, who says: “The sailing world was crying out for the creation of such a concept. SailGP is a major milestone in the evolution of yachting, but it also represents continuity. The combination of state-of-the-art technology and sporting prowess is widening the appeal of sailing.