Marine


16
Nov 13

Irish Ferries Adding New Ship to Dublin – Holyhead Route

Irish Ferries adding new ship to Dublin - Holyhead routeIrish Ferries has today announced the addition of a third ship to service its Dublin – Holyhead route, which will increase daily sailings from eight to 12.

At the moment, the company operates eight sailings a day on the Irish Sea route with its flagship Ulysses vessel and the high speed Jonathan Swift.

The new ship, scheduled to start operating before the end of the year, is the bareboat chartered MV Epsilon, which was built in 2011 in Italy. The advanced 24 knot vessel will provide two additional departures a day in each direction, resulting in an increase in the company’s schedule to a maximum of twelve sailings between Dublin and Holyhead each day.

The MV Epsilon has capacity of 2,860 lane metres (approximately 170 trucks) and for 500 passengers.

The company said the vessel will also provide opportunities for improved annual dry-dock cover within the fleet, along with scope for increased capacity on other Irish Ferries routes.

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7
Oct 13

IMERC Conference to Focus on Maritime Jobs

The potential of disruptive innovation to boost job creation in the maritime sector will be explored at the Irish Maritime and Energy Resource Cluster (IMERC) annual conference in Cork today.

The conference will also look at issues surrounding Ireland’s maritime economic development and our capacity to deliver maritime growth.

IMERC director Dr Val Cummins said Ireland derives just 1 per cent of its GDP from the maritime sector. The UK derives 5 per cent, Denmark 11 per cent and Norway 20 per cent.

“The ideas and plans that will emerge from the IMERC Conference will be an important opportunity to drive growth in the figures for Ireland.”

There is a huge opportunity for Ireland to really benefit from its ocean resources in a planned manner for the first time in our history, she added.

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14
Jul 13

SMS to Start Cruise handling in Ireland.

In Malta, the SMS Group is by far the largest cruise handling company, providing ground arrangements for over 150,000 passengers and handling some 250 ships a year.In Malta, the SMS Group is by far the largest cruise handling company, providing ground arrangements for over 150,000 passengers and handling some 250 ships a year.

SMS International Shore Operations is to acquire the majority shareholding in a cruise handling company in Ireland, which will involve around 210 ships this year.

SMS International Shore Operations, a subsidiary of the SMS Group founded in Malta in the 1950s, is already the second largest cruise handling operation in the world, after giant TUI. In 2013, it will handle over 850 ships.

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12
Jul 13

Maritime Research, Reach New Heights at UCC Beaufort Centre.

Taoiseach turn sod, Pic Daragh Mc Sweeney/Provision

Taoiseach Enda Kenny T.D. pictured in Cork turning the sod at the site of the new Beaufort Building in Ringaskiddy, Co. Cork Led by University College Cork, which is acknowledged as Ireland’s leading maritime science and engineering Institute, the Beaufort building will be a flagship development in the Irish Maritime and Energy Resource Cluster (IMERC).

Led by University College Cork, which is acknowledged as Ireland’s leading maritime science and engineering Institute, the Beaufort building will be a flagship development in the Irish Maritime and Energy Resource Cluster (IMERC). Work will begin immediately on this unique building, which includes the National Ocean Test facility. Over €15 million has been invested in this world-class development.
An Taoiseach welcomed the investment stating that, “I am delighted to be here to turn the sod for the UCC Beaufort Building which will employ 135 people when complete and provide 200 jobs in the construction stage. Ireland needs to be able to compete globally where new research in fields like sustainable energy and maritime science are concerned. The Government’s Action Plan for Jobs 2013 recognises this and the UCC Beaufort building will play an important role in the marine energy sector and help to drive Ireland’s economic recovery”.
“The President of UCC, Dr. Michael Murphy commended the work of the Beaufort Research team led by Beaufort Director and Professor of Energy Engineering at UCC, Prof. Tony Lewis.
“The positioning of Beaufort Research as an international leader in the area of maritime and energy research is evidenced by the success of Beaufort in securing funding in excess of €50 million[1] <#_ftn1> from European programmes and Science Foundation Ireland (SFI) in recent years.

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28
May 12

Seafood investment to create West Cork jobs

Castletownbere will see almost €2m in investment.

WEST Cork is set to benefit from €15.5 million of new investment I the seafood sector announced by the Minister for Agriculture, Food and the Marine, Simon Coveney.

The investment by the Irish seafood processing companies is supported by grants of €3.2 million under the EU co-funded Seafood Processing Business Investment Scheme.

These investments by 21 companies across the country are expected to create more than 140 new jobs and increase sales of value added seafood products by nearly €44 million by 2015.

Among the companies investing are Shellfish De La Mer, Castletownbere, (€488,980) and the Castletownbere Fishermen’s Co-op (€1,400,000).

Minister Coveney said, “This is a very sizeable investment by any standards and particularly so when combined with investment under this scheme over the past two years.

“It demonstrates the confidence in the seafood sector as a high growth area of our economy and of our food industry.

“The SMEs undertaking this very welcome new investment represent the future of the seafood industry.

“The new investment involves companies significantly growing their businesses and also diversifying, which will lead to increased profitability and increased employment.

“The investment also builds on the very positive announcements made earlier this week in the beef sector and the further development of trade links with China.

“The number of companies participating in the Scheme demonstrates the willingness of the sector to invest to meet the strong global demand for our seafood”.

Castletownbere-based TD Noel Harrington welcomed the news saying,

“The scale of the investment being made by 21 seafood processing companies across Ireland is significant as it will see 142 new jobs being created nationally within the industry with increased sales of €44 million expected by 2015.

“ It comes on the back of investments of a total of nearly €10 million in 2010 and 2011 and is a clear recognition of the role and contribution the seafood processing industry has to play in our economic recovery.

“In Castletownbere, a total investment of €1,888,980 is being made by local firms, Castletownbere Fishermen’s Co-Op Ltd and Shellfish de la Mer Ltd.

“This investment is underpinned by €472,745 of support grants that will allow firms to develop and expand their business to meet the demands of this ever growing sector.

“The Irish seafood industry has grown from strength to strength in recent years and this investment will ensure that that trend continues into the future.

“Confidence in the seafood industry in County Cork is high. A combined investment of €2.585,543 will help to grow jobs in Castletownbere, Ballycotton, Cork and Carrigaline by allowing these five companies to diversify and expand and ultimately increase profitability.”

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18
Apr 12

Let’s do business at the Volvo Ocean Race

The Volvo Ocean Race Grand Finale is an opportunity for Irish business to reach out and make new connections and also strengthen old ones, according to Micheline McNamara, Project Director of Let’s Do It Global.

To facilitate this, the event from 30 June to 8 July will feature the Global Village, where Irish businesses will be able to profile their companies by exhibiting, networking, entertaining and participating in a programme of events with their customers and business partners both from Ireland and abroad.

Four key pillars of Irish business will be showcased at the Global Village business destination, namely Innovation, Food, the Green Economy, and Marine.

Innovation Pillar

The Innovation Pillar is led by Alan Crean, who has extensive experience of the aviation and medical device sectors.

Key Innovation Pillar activities will include:

- A Science Fair

- Talks by key note speakers drawn from key stakeholders, including Enterprise Ireland, the IDA, Science Foundation Ireland, universities, multi-nationals and the SME sector.

- Networking Centre.

- Industry Sector Days.

- An Investor Forum.

- Dragons’ Den Event.

- Science and Technology Career Advice.

Food Pillar

The Food Pillar, led by Cáit Noone of GMIT, will showcase outstanding Irish food and beverage produce throughout the nine days of the festival.

Activities within the pillar will include interactive cooking demonstrations with Ireland’s leading culinary professionals, microbrewers with food tasting opportunities, a kids’ cooking club, an artisan food and beverage producers market and an interactive sea and marine display.

Participants in the Food Pillar include Bord Bia, Euro-toques, Irish Hotels Federation, Restaurant Association of Ireland, Enterprise Ireland, MorAnco and the Galway Mayo Institute of Technology.

 

Green Pillar

The Green Pillar, chaired by Stephen Nolan, Executive Co-ordinator of the Green IFSC Initiative, will demonstrate how Ireland is gearing up to be a world leader in green finance.

Embracing Ireland’s expertise in green enterprise, finance and education and talent, the Green Pillar will bring together the thought leaders, entrepreneurs, financiers and dealmakers to demonstrate why Ireland is the obvious choice for green finance activity and support services.

Marine Pillar

The Marine Pillar is led by Yvonne Shields, Chief Executive of the Commissioners of Irish Lights.

The Pillar will highlight the vast scale and potential of Ireland’s continental shelf, which is one of Europe’s largest seabeds with a 220 million acre marine resource that is largely unexplored.

The Marine Pillar will host a wide variety of case studies of the best emerging technologies and companies that are seeking to build the commercial potential of this natural resource.

Semi-State Partners

Let’s Do It Global is partnering with a wide range of government agencies to present each pillar, including Bord Bia, the Commissioner for Irish Lights, the Irish Marine Institute, the Naval Service, Galway Mayo Institute of Technology and Enterprise Ireland.

Discover Ireland and Fáilte Ireland are also heavily involved in leveraging the tourism opportunity around the race, which is expected to bring over 50,000 international visitors to Ireland.

Appeal for Volunteers

Let’s Do It Global, the not-for-profit organisers of the finish of the Volvo Ocean Race 2011/12, are appealing for 1,200 volunteers to help Galway and Ireland host a week long international festival in celebration of the race finish.

Marketing Manager Caragh McGovern said: “Please get in touch and see how you can be a part of the team. It will be hard work on a voluntary basis but there will also be great fun, camaraderie and experience to be had while doing something really worthwhile and beneficial for Galway and Ireland.”

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29
Feb 12

€5 million harbour funding decision due today

Galway Harbour Master Captain Brian Sheridan has called for Fáilte Ireland officials to look at the bigger picture when deciding whether to grant €5 million in funding for a new berthing facility at the harbour’s Enterprise Park.
A decision is to be made today (Wednesday) at a Fáilte Ireland board meeting as to whether or not to grant the funding, but doubt has been cast on the likely success of the application, following budget cuts at Fáilte Ireland.
“My view is that, obviously, I’m disappointed that the likelihood of funding is slipping away from me, but I haven’t given up on it yet,” Captain Sheridan told the Galway Independent.
“Galway now has a great reputation for organising maritime events, and funding for this facility would assist us in attracting such events as the Tall Ships race, and a leg of the America’s Cup,” he said.
Captain Sheridan said that, while there is a separate berthing project planned for the inner dock area, which can accommodate the 6,000 passengers expected to visit Galway this summer on cruise ships, the Enterprise Park facility was the “better” option.
“We will be able to park up to 60 tour coaches right beside this new facility so that passengers who come off ships that are at anchor, that come in under tenders, will be able to step ashore and go into coach tours or make their way up town in a better planned way and in a safer way,” said Captain Sheridan.
Captain Sheridan said that he had asked Fiona Monaghan, Fáilte Ireland West’s Head of Operations, to put forward Galway’s case at today’s meeting.
“Brian Walsh TD is also flying the flag for us because he certainly knows the importance of this facility in generating more revenue streams for Galway and the region,” said Captain Sheridan.
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16
Feb 12

Ireland: a green tech epicentre

Stephen Nolan (left), executive co-ordinator, Green IFSC, and Enterprise Ireland’s head of clean tech, Dr Tom Kelly

With a Green IFSC, Ireland is emerging as a financial hub for the global green tech industry.

What will this mean for clean-tech entrepreneurs and start-ups?

The year 2012 looks set to be a pivotal one when it comes to clean energy and the world economy. The UN has designated 2012 as the International Year of Sustainable Energy for All. The aim? To tie in with the UN’s efforts on accelerating the pace of global action on three areas by 2030: universal access to modern energy services; better rates of energy efficiency; and expanded use of renewable energy sources.

Against that global sustainability drive, 2012 is also the 25th anniversary of the International Financial Services Centre (IFSC) in Dublin. Pioneered to put Ireland on the global map for financial services, the IFSC has now added a new wing: the Green IFSC initiative. The Green IFSC is aiming to position Ireland right at the epicentre of financing the future green economy. That’s according to Stephen Nolan, its executive co-ordinator.

What is the Green IFSC?

GOING GREEN – CAPITALISING ON IRELAND’S CLEAN-TECH STRENGTHS

€2.3bn: Green investment funds managed out of Ireland

24: Asset managers based in Dublin who manage more than 30 international green funds, such as water, wind and tidal-energy projects

2012: UN International Year of Sustainable Energy for All

€600,000: Amount earmarked for sustainable finance education courses

So what exactly is the Green IFSC? It is a public/private initiative of the IFSC Clearing House Group, led by the Department of An Taoiseach. It was set up to target environmentally related financial services with the goal of spinning out new jobs in the area and to generate revenue growth in and for Ireland. The Green IFSC steering group members come from Arthur Cox, Bank of Ireland, KPMG, PricewaterhouseCoopers (PwC) and Financial Services Ireland (FSI).

However, Ireland is already on the map for green finance. Assets in green investment funds managed out of Ireland have more than doubled in the past two years to reach €2.3bn, according to recent PwC research. And there are currently 24 asset managers based out of Dublin who are managing more than 30 international green funds, from water to wind energy.

Last year was one of consolidation for the Green IFSC initiative, explains Nolan. “We laid down three foundations across three pillars of the initiative: green finance, carbon management, and education and talent.

“We’ve really looked at the whole area of where the opportunities for Ireland are across insurance, fund management and asset management. The facts behind that are now in place.”

And after two Finance Bills, there have been six Green IFSC-assisted tax changes to help spur on green projects.

“Then you’ve got our existing green economy sector and pioneers such as Mainstream Renewable Power (MRP), NTR, Airtricity and Gaelectric. If you bring all of those together, it’s a very positive pool of expertise that exists in Ireland to credibly promote and position Ireland as a leading green financial services centre.”

Irish utility NTR, for instance, has been diversifying its wind energy portfolio in the US via its subsidiary Wind Capital Group. It also has a US subsidiary in the ethanol sector – Green Plains Renewable Energy. And, in late November, NTR signed an agreement with the global asset management firm BlackRock to form a new renewable power investment group, whose head office is now based in Dublin.

Then you have Irish renewable energy developer MRP. Just back in November, a consortium led by MRP won a contract with the Department of Energy in South Africa to have 138MW of wind energy and 100MW of solar PV into commercial operation by 2014. The award was made under the first round of the South African Government’s Renewable Energy Procurement Programme.

You also have emerging clean-tech companies, such as OpenHydro, which has pioneered innovative tidal turbine technology; Imperative Energy, which supplies purpose-built biomass plants; and Treemetrics, the Cork start-up that’s fast making waves in the global forestry industry.

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13
Feb 12

Ocean Energy contract to result in 35 new jobs

Ocean Energy contract to result in 35 new jobs

Cork-based wave energy company Ocean Energy expects to create 35 new engineering jobs as a result of winning a major deal last week to provide grid connected offshore marine energy test site, Wave Hub, with its first multi-million euro energy device.

Ocean Energy expects to deploy its first full-scale device costing €9m at Wave Hub off the north coast of Cornwall by the end of this year. The full-scale unit has the capacity to generate sustainable energy to power up to 1,200 homes.

The company said 35 jobs will be created during the construction and deployment phase. The fabrication contract will be put out to tender.

The company has been testing a quarter scale prototype of its OE Buoy in Galway Bay for the last three years. It was one of a number of companies competing for the opportunity to win the Wave Hub contract.

Wave Hub will fund Ocean Energy’s deployment costs up to a maximum of £1m (€1.2m). This includes the cost of securing a marine licence and installation of moorings and deployment. The rest of the funding is expected to come from investors in the engineering industry and from oil and gas companies.

“This is a major achievement for Irish technology, which has been developed with the assistance of Irish government funding and expertise at the UCC Hydraulics and Maritime Research Centre,” said John McCarthy, chief executive and co-founder of Ocean Energy. “It is also an endorsement of the technology development path adopted by Ocean Energy.”

Labour MEP, Phil Prendergast, welcomed the news. “Ocean Energy is showing the way forward for job creation in Ireland. We have one of the largest sea-bed areas in Europe, and the Government is developing a plan to harness this potential to tap into a marine sector worth €1.2trn,” he said.

“The EU has provided over €1.4m to Irish participants who collaborated on research and development of this world-class product. The investment is clearly paying off, as this, and similar projects, have produced tangible results which will benefit the whole of Europe.

“Ocean Energy’s contract is to be among four companies plugging into the testing hub using its OE Buoy – an innovative, highly efficient offshore turbine.”

“The Ocean Energy deal is a triumph for Ireland’s research and development sector, particularly in light of recent proposals for Europe’s new R&D programme, Horizon2020.

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31
Jan 12

Ireland’s IERC gets €1m energy research funding boost