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Displaying items by tag: Challenging

Higher revenues for the six months to the end of June have been reported by the Irish Continental Group, but a drop in earnings before interest and tax as the Covid-19 pandemic continued to create an "exceptionally challenging" trading environment for the company.

ICG which owns Irish Ferries, said its revenues rose by 8.3% to €141.6m, while EBIT generated was a loss of €10.3m, €0.8m worse than the same time last year.

The company reported a loss before tax of €12.2m compared to a loss before tax of €11.2m last year.

ICG said that travel restrictions in place in the first half of the year materially reduced its passenger business.

But it added that it has maintained services on all of its shipping routes, keeping critical logistical links to the island of Ireland.

RTE News has more to report here.

Published in Irish Ferries

Kinsale Yacht Club located in Kinsale, County Cork lies just 120 nautical miles from Wales, 240 from North West France and only 500 from the Galician Coast of North Spain.

Kinsale Yacht Club is only a few minutes walk from every shop, hotel, pub and restaurant in Ireland’s gourmet capital but most significantly it is only 30 km by road from Cork, Ireland’s second city, and between the two lies one the region’s main assets - Cork International Airport - with its daily links to many European capitals.

Club members, of which there are more than 600, race Cruisers, One Design Keelboats and Dinghies.

The club runs inshore and offshore races, has an active cruising scene, a powerboat section and most significantly for any real club, a strong and dynamic junior training programme.

Beyond the club’s own marina is the club house itself and the dinghy park. Within the clubhouse are changing rooms, bar and restaurant all with full wheelchair access. The club’s full-time secretariat, steward and marina manager are there to look after sailing visitors and members alike in a relaxed, informal and fun environment.

The club welcomes new members and has always got room on its members’ yachts for new comers to the sport.