Menu

Ireland's sailing, boating & maritime magazine

Displaying items by tag: Marine Money London Forum

#MarineMoney - Four days after the inauguration of the new US President in early 2017, Marine Money together with Anchor Sponsor KMARIN/KOTAM will host the 8th Annual Marine Money London Forum on Wednesday 25th January.

Amongst the Forum topics will be of course Brexit, the new US President and the impact on shipping. All in which will be discussed in the ballroom of The Dorchester Hotel on Park Lane, Mayfair. This will be the first Marine Money Ship Finance event of 2017 and its platform held in the UK capital is a major centre for shipping and finance, broking, legal and insurance.

London's location between the capital of Wall Street and the cargo demand of the Far East, is the place that shipowners from near and far call a home away from home. At the London conference leading shipping companies and financiers will meet to discuss challenge, risk, opportunity and investment - how to survive the downturn and prepare for the long awaited improved shipping market.

From buying dry bulk at rock bottom: structuring long term investments with Chinese financial leasing; analysing markets and assessing investment opportunities; finding finance from San Francisco, London and Shanghai.

The Marine Money London agenda 2017 will cover the red hot topics of the current market. To find the Marine Money Preliminary Programme click here. 

Registration forms to attend Marine Money London Forum can be accessed here and for more information contact: Mia Jensen at [email protected]

Published in Ports & Shipping

Ireland's Trading Ketch Ilen

The Ilen is the last of Ireland’s traditional wooden sailing ships.

Designed by Limerick man Conor O’Brien and built in Baltimore in 1926, she was delivered by Munster men to the Falkland Islands where she served valiantly for seventy years, enduring and enjoying the Roaring Forties, the Furious Fifties, and Screaming Sixties.

Returned now to Ireland and given a new breath of life, Ilen may be described as the last of Ireland’s timber-built ocean-going sailing ships, yet at a mere 56ft, it is capable of visiting most of the small harbours of Ireland.

Wooden Sailing Ship Ilen FAQs

The Ilen is the last of Ireland’s traditional wooden sailing ships.

The Ilen was designed by Conor O’Brien, the first Irish man to circumnavigate the world.

Ilen is named for the West Cork River which flows to the sea at Baltimore, her home port.

The Ilen was built by Baltimore Sea Fisheries School, West Cork in 1926. Tom Moynihan was foreman.

Ilen's wood construction is of oak ribs and planks of larch.

As-built initially, she is 56 feet in length overall with a beam of 14 feet and a displacement of 45 tonnes.

Conor O’Brien set sail in August 1926 with two Cadogan cousins from Cape Clear in West Cork, arriving at Port Stanley in January 1927 and handed it over to the new owners.

The Ilen was delivered to the Falkland Islands Company, in exchange for £1,500.

Ilen served for over 70 years as a cargo ship and a ferry in the Falkland Islands, enduring and enjoying the Roaring Forties, the Furious Fifties, and Screaming Sixties. She stayed in service until the early 1990s.

Limerick sailor Gary McMahon and his team located Ilen. MacMahon started looking for her in 1996 and went out to the Falklands and struck a deal with the owner to bring her back to Ireland.

After a lifetime of hard work in the Falklands, Ilen required a ground-up rebuild.

A Russian cargo ship transported her back on a 12,000-mile trip from the Southern Oceans to Dublin. The Ilen was discharged at the Port of Dublin 1997, after an absence from Ireland of 70 years.

It was a collaboration between the Ilen Project in Limerick and Hegarty’s Boatyard in Old Court, near Skibbereen. Much of the heavy lifting, of frames, planking, deadwood & backbone, knees, floors, shelves and stringers, deck beams, and carlins, was done in Hegarty’s. The generally lighter work of preparing sole, bulkheads, deck‐houses fixed furniture, fixtures & fittings, deck fittings, machinery, systems, tanks, spar making and rigging is being done at the Ilen boat building school in Limerick.

Ten years. The boat was much the worse for wear when it returned to West Cork in May 1998, and it remained dormant for ten years before the start of a decade-long restoration.

Ilen now serves as a community floating classroom and cargo vessel – visiting 23 ports in 2019 and making a transatlantic crossing to Greenland as part of a relationship-building project to link youth in Limerick City with youth in Nuuk, west Greenland.

At a mere 56ft, Ilen is capable of visiting most of the small harbours of Ireland.

©Afloat 2020