2016 General Meeting Of Australian Sailing

2016 General Meeting of Australian Sailing Ltd held on 29 October. It was the first annual meeting happened under the name of Australian sailing and the second as the company limited.

At the event Matt Allen presented the report to the president. Allen spoke for some 12 minutes and said the year 2016 is incredible for Australian sailing. The organization got its new name Australian Sailing (Earlier it was Australian Yachting) after moving from incorporated association to company limited by guarantee in year 2014.

Allen said “After so many changes in the organization now we are an integrated national administration, we are responsible toward our clubs and their Members and for success of sailing in Australia too.”

On the occasion Allen thanked all bodies present in the meeting and had contributed in upward movement of sailing in Australia. At the moment he also congratulated medalist of Olympic and Paralympic in Rio. He said that Australian players are best on and off the water. They have done wonders in making the country proud. Continue reading 2016 General Meeting Of Australian Sailing

Ruyant Down On Vendee Globe

One of the ongoing races in sailing is the Vendee Globe that is a solo race for skippers across the world.

The current status of the sailing competition is that one of the sailors has got into trouble as his boat collided with a shipping container. This occurred off the coast of New Zealand. There are images on many blogs and forums where the damage done to the boat is visible. Thomas Ruyant is a French sailor who is participating in the around the world race of the Vendee Globe. His boat has run into serious damage as it collided with a shipping container. This occurred off the coast of New Zealand, about several hundred miles in the south direction. The incident took place on Sunday.

The race organizers stated that the skipper was part of the Le Souffle du Nord team. He is okay, but his boat is on the verge of splitting up. Ruyant managed to spend Sunday night in the damaged condition and he is motoring towards Bluff, which is a South Island off the coast of New Zealand. Continue reading Ruyant Down On Vendee Globe

Great Sailing Conditions In Rio

Some great sailing conditions have been launched by the Guanabara Bay at the time of launching the Olympic Sailing Competition on 8th August 2016. Still the Rio venue was still highly tricky. After a full-on practice for a few days of practice it saw the teams rehearsing in brisk condition. The launching ramp undergoing emergency repairs after 40 knots battered the Flamengo Beach Area.

Also the rowing on the same waterway has been cancelled the previous day as sunny skies and 10-14 knot winds from the southeast were competing with each other. The two racing fleets opening competition were the Laser and RS: X fleets. While some of the favorite ones romped away towards a dominant start along with faltering badly by others. Continue reading Great Sailing Conditions In Rio

Clipper 2015 – 16 Race

For those who follow the round the world sailing teams, they will probably know about the Clipper race. The current version of this world sailing event, Clipper 2015-16 includes teams that have departed from Northern Ireland, the port of Derry-Londonderry to get onto the first leg of the journey to Den Helder in Netherlands.

All boats are yet to fight it out for the battle to finish at the final stage.

There are 24 points that are available for the teams. The race to the Netherlands is a crucial one and could be pivotal in the final results. The current leading boat is LMAX Exchange from Derry-Londonderry-Doire which is placed second till now. There are eleven points between Garmin and an entry from Northern Ireland which is a team from the Charter in Scotland team. Continue reading Clipper 2015 – 16 Race

Fairline Boats warns of job losses

Yacht-builder Fairline Boats have warned of job losses as they fight to keep the whole company afloat. The firm, which has bases at Oundle and Corby, told that it already has started a consultation period with staffs about possible redundancies as it looks to stem financial losses.

The business, which is almost about fifty-two-year-old, has also declared that they are looking for a deal from its creditors for a Company Voluntary Arrangement to serve it repay burdensome debt. This news comes only two weeks following company declared it was laying off 109 of its 465 staff temporarily for 4 weeks.

That action comes a day after the company had been purchased by Wessex Bristol Investments from the Better Capital. The company has issued a statement that read: “Since last month’s acquisition of Fairline Boats Limited, Britain’s leading luxury yacht manufacturer, new owners Wessex Bristol Investments have taken significant steps in moving the company back towards profitability.”

It added that they have already made a recent announcement regarding a workforce restructure that has involved the business entering into a collective consultation period with staff. This would enable Fairline to right-size its performances to better show the marketplace environment, thereby allowing the business to operate in an efficient manner.

The company regretted the fact that this process is expected to result in a significant number of redundancies. They have entered into this process keeping the key stakeholders, namely the creditors and employees in mind in an attempt to safeguard as many British jobs possible.