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Displaying items by tag: Global economy

#PORTS & SHIPPING- Vega Stockholm, a vessel which featured in the BBC The 'Box' that tracked the movements of a single container around the world in 2008, coinciding with the start of the credit crunch crisis and telling the story of globalisation and the world economy, departed Dublin Port this evening, writes Jehan Ashmore.

The Box travelled the world ( totalling 50,000 miles) first departed from the  BBC TV Centre headquarters, London and headed northwards by road to Scotland. From there the Box was loaded on board the Vega Stockholm in Greenock and she departed on 12th September (see PHOTO) and made an en route call to Belfast before arriving the next day in Dublin Port. Only 16 days later the fateful decision by the Irish Government  to bail-out the Irish banks was made with a state guarantee.

The domestic economic crisis was also set against some of the most dramatic developments in the global economy including the first global recession in 60 years, notably with the fall of global finances giant Lehman Brothers.

The container box or forty equivalent units or (FEU) in industry parlance was painted in distinctive red and emblazoned with the words BBC News and the website www.bbc.co.uk/thebox so it could be tracked online across continents and oceans in addition to coverage by T.V. and radio. To trace the route taken by Box over 421 days to and from the UK, click HERE. In addition for further photographs taken by viewers following the Box departing the Clyde on board the container vessel click HERE.

On the first leg of a worldwide journey, Vega Stockholm (2006/8,306grt) departed the Scottish port with the Box laden with 15,000 bottles of Scotch whiskey bound for Shanghai, though this particular 'feeder' vessel would of carried the box to another port prior to onward shipment to the Far East by  a much larger containership.

The Box carried other cargoes on different legs as part of its worldwide journey to include 4000 shoes and over 95,000 tins of cat food for our fluffy friends. Of the entire journey, over 47,000 miles was spent crossing the oceans.

The box itself suffered some battering along the way including that of an economic front as the container sat still for three months in the docks of the Japanese port of Yukohoma.

At the time a  record 10% of the fleet were idle, and revenues per container were  likely to have dropped from already extremely depressed levels. The journey of the Box made for an interesting time to be following a container around the world.

To put some figures into context during the exercise the global container business made a collective profit of £3bn in 2008, but is estimated to have lost a cool £20bn in 2009.

After the Box arrived back to Southampton with vehicle parts, the container finally returned to London. Perhaps the most ironic tale of the exercise was the actual fate of the 'Box' itself, as it was reported the container ended up in South Africa to be converted for use as soup kitchen, another story for the Beeb!

Published in Ports & Shipping

Beneteau 211 sailing in Ireland

A small, fast cruiser/racer – in style very much a miniature Open 60 or early Figaro, the Beneteau First 211 offers high sailing performance for her size, plus simple accommodation for up to four people.
The boat is very dinghy-style to sail, although the keel makes her self-righting, and foam buoyancy renders her unsinkable, according to the French manufacturer.

Designed by Groupe Finot and introduced in 1998 as a replacement model for the 1992 model First 210, the Beneteau First 211 is a small high-performance yacht designed to be simple to sail and take the ground or be trailed. The words' pocket rockets' tend to be used to describe these boats!
The design was revised to become the Beneteau First 21.7 in 2005. All three models, 210, 211 and 21.7, are very similar in style and concept and share many actual components.

The hull of the Beneteau First 211 is solid GRP, with sandwich construction for the deck moulding. There is foam buoyancy at the bow and stern, guaranteeing unsinkability. The ballasted drop keel is raised by a manual jack and allows easy transport of the boat and drying out if required, supported level by the twin rudders.
The sailplan has a non-overlapping jib to keep sheet loads down and a large spinnaker to achieve high speeds downwind. With almost six foot of draught with keel down and twin rudders for control, upwind performance is also excellent.

The design is popular in Ireland's boating capital at Dun Laoghaire Harbour, where up to a dozen race as part of a one-design class in regular Dublin Bay Sailing Club racing. The boats also race for national championship honours annually. The boats are kept on Dun Laoghaire Marina and look all the more impressive as the fleet of pocket rocket racers are all moored together on one pontoon.

At A Glance – Beneteau First 211 Specifications

LOA: 6.2m (20ft 4in)

Draught: 1.8m to 0.65m (5ft 11in to 2ft 2in)

Displacement: 1,100kg (2,200lb)

LWL: 6m (19ft 7in)

ARCHITECT
• Finot Conq et Associés

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