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Displaying items by tag: Irish shipping company Mainport

#PORTS & SHIPPING - Cork based marine services company, Mainport is investing $36 million (€27.6 million) to build three supply vessels which will support seismic survey ships searching for oil and gas deposits.

The bulk of the financing for the construction of the newbuildings has been provided by Dutch bank ABN Amro, with a syndicate of Irish investors assembled by Westboro Finance in Cork providing $5 million in mezzanine, or short-term, financing.

The three ships, which will provide support services for an unnamed client carrying out off-shore seismic surveys around the world, are being constructed at Shin Yang Shipyards in Malaysia, and will be delivered in mid-2013.

To read more about this report in today's Irish Times click HERE

Published in Ports & Shipping

About J/80 Sailing

Easy to handle the J/80 is said to be less intimidating, safer and better suited for sailing offshore than other modern sport boats. 

It even has a full-length V-berth and 12-foot-long cockpit.

Thanks to its combination of stability, speed, durability, low maintenance and age-friendly deck layout, the J/80 has proved to be a great club boat around Irish yacht clubs with fleets popular in Dublin on both sides of the Bay at Howth and Dun Laoghaire. 

The key to a racing keelboat is that it holds the attention and interest of many types of sailors, young and old.  The J80 does it all, with thrilling 15-knot rides under spinnaker or relaxed sunset cruises with mainsail only. 

The Irish J/80 Class Association was formed in 2017 to represent owners, sailors, associated clubs and to help develop J/80 racing in Ireland.