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Displaying items by tag: NAMA site plan delay

#SiteDelay - An €18 million plan in Cork Harbour to redevelop a key industrial site writes The Irish Times, faces a delay after the joint venture backing it withdrew its notification to the State’s mergers watchdog.

Port of Cork is leading a consortium that intends to buy the 114-acre Irish Fertiliser Industries’ (IFI) facility at Marino Point, close to Cobh, from the National Asset Management Agency (Nama) to redevelop as a facility to handle oil and farming products.

The port company and its partners, which include publicly quoted Origin Enterprises, withdrew their notification of the deal to the Competition and Consumer Protection Commission (CCPC) yesterday.

The move is likely to delay plans to redevelop the site, as deals on the scale they propose must get the commission’s approval before going ahead. Any plan for the IFI site will have to be notified to the commission again before proceeding.

For more on the story and that of the CCPC click here

Published in Cork Harbour

The Irish Cruiser Racing Association (ICRA) Information

The creation of the Irish Cruiser Racing Association (ICRA) began in a very low key way in the autumn of 2002 with an exploratory meeting between Denis Kiely, Jim Donegan and Fintan Cairns in the Granville Hotel in Waterford, and the first conference was held in February 2003 in Kilkenny.

While numbers of cruiser-racers were large, their specific locations were widespread, but there was simply no denying the numerical strength and majority power of the Cork-Dublin axis. To get what was then a very novel concept up and running, this strength of numbers had to be acknowledged, and the first National Championship in 2003 reflected this, as it was staged in Howth.

ICRA was run by a dedicated group of volunteers each of whom brought their special talents to the organisation. Jim Donegan, the elder statesman, was so much more interested in the wellbeing of the new organisation than in personal advancement that he insisted on Fintan Cairns being the first Commodore, while the distinguished Cork sailor was more than content to be Vice Commodore.

ICRA National Championships

Initially, the highlight of the ICRA season was the National Championship, which is essentially self-limiting, as it is restricted to boats which have or would be eligible for an IRC Rating. Boats not actually rated but eligible were catered for by ICRA’s ace number-cruncher Denis Kiely, who took Ireland’s long-established native rating system ECHO to new heights, thereby providing for extra entries which brought fleet numbers at most annual national championships to comfortably above the hundred mark, particularly at the height of the boom years. 

ICRA Boat of the Year (Winners 2004-2019)