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Displaying items by tag: Revenue Increase

#FerryNews -Consolidated revenue at Irish Continental Group (ICG) operator of Irish Ferries, increased by 3.1pc to €288.9m year-on-year in the ten months to 31 October.

Total revenues writes The Independent for the group’s ferries division was €184.4m, a 1.4pc increase on the prior year. The increase in revenue was driven by an increase in the number of cars and container freight that ICG carried.

For the year to 11 November, Irish Ferries carried 385,100 cars, an increase of 2.2pc on the previous year. Freight carryings for the year to 11 November were 247,700 roll-on roll-off, an increase of 0.5pc compared with 2016.

Despite the weakness in sterling, ICG managed to partly mitigate revenues affected by sterling with improvements in its sterling-based costs. However the company said that fuel costs continued to be impacted by higher global fuel prices compared to this time last year.

Total revenues recorded in the group’s container and terminal division recorded in the period to 31 October amounted to €111.2m, a 5.9pc increase on the prior year. For the year to 11 November container freight volumes shipped were up 5.5pc on the previous year at 281,000 teu, with the rate of growth slowing to 3.8pc in the period since 30 June.

Units handled at the group’s terminals in Dublin and Belfast increased 3.2pc year on year to 258,400 lifts. For more on the maritime transport logistics operator, click here.

Published in Ferry

The Star keelboat is a 6.9 metres (23 ft) one-design racing keelboat for two people designed by Francis Sweisguth in 1910.

The Star was an Olympic keelboat class from 1932 through to 2012, the last year keelboats appeared at the Summer Olympics at which Ireland's representatives were Peter O'Leary and David Burrows.

Ireland has performed well in the class internationally thanks to some Olympic campaigns including a bronze medal at the Star World Championships in 2000, won by Mark Mansfield and David O'Brien.

The boat is sloop-rigged, with a mainsail larger in proportional size than any other boat of its length. Unlike most modern racing boats, it does not use a spinnaker when sailing downwind. Instead, when running downwind a whisker pole is used to hold the jib out to windward for correct wind flow.

Early Stars were built from wood, but modern boats are of fibreglass and carbon construction.

The boat must weigh at least 671 kg (1,479 lb) with a maximum total sail area of 26.5 m2 (285 sq ft).

The Star class pioneered an unusual circular boom vang track, which allows the vang to effectively hold the boom down even when the boom is turned far outboard on a downwind run.

Another notable aspect of Star sailing is the extreme hiking position adopted by the crew and at times the helmsman, who normally use a harness to help hang low off the windward side of the boat with only their lower legs inside.

At A Glance – Star Specifications

Designer Francis Sweisguth
Year 1910
Crew 2 (Skipper + Crew)
S + 1.5 C ≤ 250 kg (550 lb)[1]
Draft 1.016 m (3 ft 4 in)
Hull Type keelboat
Hull weight ≥ 671 kg (1,479 lb)
(including keel)
LOA 6.922 m (22 ft 9 in)
LWL 4.724 m (15 ft 6 in)
Beam 1.734 m (5 ft 8 in) at deck
1.372 m (4 ft 6 in) at chine
Hull appendages
Keel/board type bulb keel
401.5 ± 7 kg (885 ± 15 lb)
Rig
Rig type sloop
Mast length 9.652 m (31 ft 8 in)
Sails
Mainsail area 20.5 m2 (221 sq ft)
Jib/genoa area  6.0 m2 (65 sq ft)
Upwind sail area ≤ 26.5 m2 (285 sq ft)

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