Displaying items by tag: Tonnage Tax Report

18th October 2014

Ports & Shipping Review: Calls for Port Relief Road, EU Port Regulation Agreed, SFPC Record Profits, Government Back Galway Port Expansion, Irish Tonnage Tax Report and Dublin Dry Dock Faces Closure

#Ports&ShippingReview: Over the last fortnight, Jehan Ashmore has reported on the shipping scene, where Warrenpoint Harbour call for funding to construct relief road to avoid traveling through Newry City.

The European Sea Ports Organisation (ESPO) recognised the Italian Presidency efforts at the Transport Council to reach an agreement on Port Regulation proposals.

Shannon Foynes Port Company announced record profits for 2013, the fourth successive year in such growth, showing a 3% increase in Operating Profit at €4.1m, up from €3.1m in 2012.

Government to back Galway Harbour's €52 million redevelopment of a first phase of a port expansion.

The IMDO release report Irish Tonnage Tax: Opportunities for the International Shipping Industry. The independent report by PwC details the benefits of the tax regime established in 2004 and the attractions of maritime operations locating in Ireland.

Dublin Graving Docks Ltd faces closure as Dublin Port Company plan a €200m Alexandra Basin Redevelpment Project that incorporates the site of the 200m long graving dock. Currently the dry-dock is occupied by Arklow Ranger and Jeanie Johnston.

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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.