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Displaying items by tag: HMD

The d'Amico Group, an international shipping company based in Dublin has acquired two handy-size dry-bulk newbuilds from a shipyard in South Korea this week, writes Jehan Ashmore.
Cielo di Dublino (photo) and her newer sister Cielo di San Francisco which was 'christened' on Tuesday by Mrs. Sandra Murphy, wife of Mr. Glenn Murphy, Director, Irish Maritime Development Office (IMDO). Together the vessels cost around US $60 million.
The new vessels were built at the Hyundai Mipo Dockyard (HMD) in Ulsan. The facility is one of the largest shipbuilding facilities in the world and since 1996 HMD has built around 500 ships and of a diverse variety. To see a cyber yard tour click this link.

Speaking at the ceremony Mr. Murphy commented: "d'Amico Group are one of a leading number of firms that are driving investment in this sector in Ireland which is contributing to new employment and growth opportunities".

Entry of the new dry-bulkers marks another important chapter in the d'Amico Group's development since it established its Irish office in 2002, as the vessels are managed from its Dublin office under the Irish Tonnage Tax (ITT) regime.

Four more newbuilds are under construction in Korea, scheduled for delivery in 2012, and two under construction in Japan which are due in 2013. The latter ships represent a further investment in excess of US $310 million to the Italian company that began and grew as a family business in 1936.

To read more about this logon to the IMDO website and also www.damicoship.com

Published in Ports & Shipping

The Dragon was designed by Johan Anker in 1929 as an entry for a competition run by the Royal Yacht Club of Gothenburg, to find a small keel-boat that could be used for simple weekend cruising among the islands and fjords of the Scandinavian seaboard. The original design had two berths and was ideally suited for cruising in his home waters of Norway. The boat quickly attracted owners and within ten years it had spread all over Europe.

The Dragon's long keel and elegant metre-boat lines remain unchanged, but today Dragons are constructed using the latest technology to make the boat durable and easy to maintain. GRP is the most popular material, but both new and old wooden boats regularly win major competitions while looking as beautiful as any craft afloat. Exotic materials are banned throughout the boat, and strict rules are applied to all areas of construction to avoid sacrificing value for a fractional increase in speed.

The key to the Dragon's enduring appeal lies in the careful development of its rig. Its well-balanced sail plan makes boat handling easy for lightweights, while a controlled process of development has produced one of the most flexible and controllable rigs of any racing boat.