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Displaying items by tag: Fuel Terminal

#FuelTerminal - Applegreen, a forecourt retailer has agreed to pay €15.7m to buy a 50pc stake in a fuel terminal at Dublin Port.

The Joint Fuel Terminal writes The Irish Independent is currently equally owned by Valero Energy (Ireland) and Esso Ireland. It is one of three fuel importing facilities at the port.

Applegreen is acquiring Esso's stake in the terminal.

Esso Ireland was acquired by Topaz in October 2015 for €75m. At the time, Topaz was owned by businessman Denis O'Brien. Shortly after, he sold Topaz to Canada's Alimentation Couche-Tard for €450m.

But as part of the deal to acquire the Esso operation, Topaz was told by the Competition and Consumer Protection Commission to sell the Esso stake in the Joint Fuel Terminal. The stake had been for sale since early in 2016.

Further details of the deal can be read here.

Published in Dublin Port

Irish Sailing

The Irish Sailing Association, also known as Irish Sailing, is the national governing body for sailing, powerboating and windsurfing in Ireland.

Founded in 1945 as the Irish Dinghy Racing Association, it became the Irish Yachting Association in 1964 and the Irish Sailing Association in 1992.

Irish Sailing is a Member National Authority (MNA) of World Sailing and a member of the Olympic Federation of Ireland.

The Association is governed by a volunteer board, elected by the member clubs. Policy Groups provide the link with members and stakeholders while advising the Board on specialist areas. There is a professional administration and performance staff, based at the headquarters in Dun Laoghaire, Co. Dublin.

Core functions include the regulation of sailing education, administering racing and selection of Irish sailors for international competition. It is the body recognised by the Olympic Federation of Ireland for nominating Irish qualified sailors to be considered for selection to represent Ireland at the Olympic Games. Irish sailors have medalled twice at the Olympics – David Wilkins and Jamie Wikinson at the 1980 games, and Annalise Murphy at the 2016 games.

The Association, through its network of clubs and centres, offers curriculum-based training in the various sailing, windsurfing and powerboating disciplines. Irish Sailing qualifications are recognised by Irish and European Authorities. Most prominent of these are the Yachtmaster and the International Certificate of Competency.

It runs the annual All-Ireland Championships (formerly the Helmsman’s Championship) for senior and junior sailors.

The Association has been led by leading lights in the sailing and business communities. These include Douglas Heard, Clayton Love Junior, John Burke and Robert Dix.

Close to 100 sailors have represented Ireland at the Olympic and Paralympic Games.

Membership of Irish Sailing is either by direct application or through membership of an affiliated organisation. The annual membership fee ranges from €75 for families, down to €20 for Seniors and Juniors.