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Displaying items by tag: Shannon Supertankers

#Ports&Shipping –The latest IMDO Weekly Market Review includes the following stories as detailed below.

Irish Maritime News: €50m port plan for super-tankers - A €50m plan for Foynes port will enable a new era of super-tankers to berth there and turn the Shannon Estuary into a world shipping hub.

Work will commence next month on the first €12.5m phase of the plan, the infilling of nearly 3.5 acres adjacent to the port's East Jetty. Funding will come from the Shannon Foynes Port Company (SFPC) reserves with some external funding. Private-sector developments at the port costing €26m have already been announced for the port.

ICG on the rise: Profit for the year jumped to €56m from €26.8m in 2013 as revenue grew 10% to €290.1m. The company was boosted by the addition of the 26,375-gt Epsilon and lower fuel costs. It raised the company's status to "buy" and it explained ICG could be free from its current €61.3m net debt in less than three years.

EU Study LNG: European Commissions' study on LNG as a shipping fuel shows industry's support -The European Commission presented the preliminary results of a study on the perception of the risks and opportunities of LNG as a shipping fuel. The results show that stakeholders recognise the environmental advantages of LNG as a shipping fuel, but are still uncertain whether they offer a clear business case.

EU Shipping Importance: Updated study highlights economic importance of EU shipping - ECSA presented the results of a recent update of the Oxford Economics study on the economic value of the EU shipping industry, which highlights the industry's important contribution to the EU economy based on new and more reliable data.

For more on each of the above and other stories click IMDO Weekly Markets Review (Week 10).

In addition to dedicated coverage on Afloat.ie's Ports & Shipping News.

Published in Ports & Shipping

The Irish National Sailing and Powerboat School is based on Dun Laoghaire's West Pier on Dublin Bay and in the heart of Ireland's marine leisure capital.

Whether you are looking at beginners start sailing course, a junior course or something more advanced in yacht racing, the INSS prides itself in being able to provide it as Ireland's largest sailing school.

Since its establishment in 1978, INSS says it has provided sailing and powerboat training to approximately 170,000 trainees. The school has a team of full-time instructors and they operate all year round. Lead by the father and son team of Alistair and Kenneth Rumball, the school has a great passion for the sport of sailing and boating and it enjoys nothing more than introducing it to beginners for the first time. 

Programmes include:

  • Shorebased Courses, including VHF, First Aid, Navigation
  • Powerboat Courses
  • Junior Sailing
  • Schools and College Sailing
  • Adult Dinghy and Yacht Training
  • Corporate Sailing & Events

History of the INSS

Set up by Alistair Rumball in 1978, the sailing school had very humble beginnings, with the original clubhouse situated on the first floor of what is now a charity shop on Dun Laoghaire's main street. Through the late 1970s and 1980s, the business began to establish a foothold, and Alistair's late brother Arthur set up the chandler Viking Marine during this period, which he ran until selling on to its present owners in 1999.

In 1991, the Irish National Sailing School relocated to its current premises at the foot of the West Pier. Throughout the 1990s the business continued to build on its reputation and became the training institution of choice for budding sailors. The 2000s saw the business break barriers - firstly by introducing more people to the water than any other organisation, and secondly pioneering low-cost course fees, thereby rubbishing the assertion that sailing is an expensive sport.