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Displaying items by tag: Finance Wales

#FERRY NEWS - The operators of the Celtic Sea ferry route between Cork-Swansea need to secure over €1m in investment today in order to save the company after being thrown a €300,000 funding lifeline by Cork's local authorities.

Cork City Council agreed last night to invest €100,000 in the Fastnet Line, bringing its total investment in the company to €365,000.

It followed a 90-minute behind closed doors presentation by Fastnet Line's acting chief executive officer, Pádraic O'Kane. He is due to meet Enterprise Ireland this morning to discuss further investment. He declined to discuss the amount involved, but it is understood to be in the region of €400,000.

Finance Wales will await the outcome of those talks before it agrees to pump up to €800,000 in to the firm. For more about this story in today's Examiner click HERE

Published in Ferry

Robert Dickson & Sean Waddilove, Tokyo Olympic 49er Sailors 

Dublin dinghy sailors Robert Dickson of Howth Yacht Club and Sean Waddilove of Skerries Sailing Club achieved their goal of representing Ireland in the 49er class, almost six years to the day after first setting foot in a 49er skiff at their home club of Howth Yacht Club in County Dublin in 2015.

The voyage was a magnificent one becoming U23 World champions in 2018 before out sailing rivals double Olympian Ryan Seaton and Seafra Guilfoyle in some style for selection in Lanzarote in March 2021 to win the last European Olympic place for Tokyo.

Follow their progress here.