Farewell Visby… The Swan 60 fleet begin Leg 3.

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The Gazprom Swan 60 fleet have said goodbye to Visby, Gotland this morning, to embark on the third and final leg of the Nord Stream Race. Due to severe weather warnings, there has been a slight alteration to the final leg of the Nord Stream Race. We can now expect the fleet to arrive on the island of Karlskrona in southern Sweden late Thursday evening, where the overall winner shall be decided.

There they shall wait out the worst of the weather and then immediately sail as a group into Greifswald, Germany as planned on Saturday 27th October.

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New boat design D23

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I would like to present you the new boat designed by De Antonio Yachts. On the occasion of the Barcelona Boat Show we had the pleasure to introduce the new D23, a 7m modern boat designed and built in Barcelona, Spain. The new D23 is a tender type boat, ideal for day trips and coastal sailing, as well as a tender for mega yachts or water taxi for resorts, channels and harbor areas of touristic interest.

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Oct 2012 AYGP News – Sam Chan on a roll…

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Sam Chan’s Freefire on a roll, to lead AYGP Championship…
By AY MultiMedia
Goto AYGP Pointscore23 October 2012: Sam Chan’s TP52 Freefire and Anthony Root’s Archambault 35 Red Kite II, made a clean sweep in their class at the China Coast Regatta and also during the Hong Kong to Hainan Race, to be tied on top of the 2012-13 AYGP Championship. Other class winners Peter Forsythe & Jing Lee’s X-55 Xena, Greg Kearns / Tristan Stewart’s modified Farr 36 Wicked and Fred Kinmonth/ Nick Burns Mills 40EFG Bank Mandrake have slotted in behind the leaders. By completing two regattas, has given the yachts on the East Asian seaboard a slight advantage, but David Roberts Andaman Cabriolet Da Vinci skippered by Mark Pescott, scored the maximum 19 points at Phuket Raceweek to be trailing by only 11 points. Racing now swings over to SE Asian waters and regional yachts are expected to catch up quickly.

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IRC 2013 Rule changes summary & Congress Minutes

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Following a successful and lively IRC Congress meeting held in Windsor, London on 13th October, the minutes are now available on the IRC website. The direct link to these is http://www.ircrating.org/images/stories/pdf/2012/irc_congress_minutes_121013.pdf

In addition, a summary of the IRC 2013 Rule changes is shown below. You can download a PDF version of this at http://www.ircrating.org/images/stories/pdf/2012/irc_rule_changes_2013.pdf

If you have any queries relating to the minutes or the Rule changes, please contact your IRC Rule Authority or info@rorcrating.com, thank you.

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World Champion Sailor Ken Read to Speak at Mystic Seaport October 31

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Volvo Ocean Race Veteran Ken Read to Describe Experiences Racing Around the Globe

Mystic, Conn. – One of the world’s most accomplished and celebrated sailors, Ken Read, will give an exciting presentation about his firsthand experience with the Volvo Ocean Race at Mystic Seaport on October 31.

The presentation begins at 7 p.m. in the River Room at Latitude 41° Restaurant & Tavern.

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Dick van Lent: the driving force behind Feadship

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Lady M
Leonardo DiCaprio and Martin Scorcese have been filming The Wolf of Wall Street aboard the 2002 Intermarine Lady M
> Behind the scenes

Dick van Lent
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In conversation with the driving force behind Feadship whose mission is to keep the Royal Van Lent yard at the top of its game
> Read the full interview

Wally’s Better Place
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A remarkable 50-metre sailing machine from Wally, packed full of innovative technology and practical design solutions
> See our gallery

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‘Rising star’ returns to Exmouth to support RNLI

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Rebecca Newman (Official Portrait)

Exmouth-born Rebecca Newman will be singing at the Exmouth Pavilion on 18 November as part of her ‘Coast to Coast’ UK tour. Rebecca will be returning to the very same stage she performed her first ever solo at the age of 14, this time headlining her own show.

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Leg 2 of the Nord Stream Race begins.

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Today we said goodbye to the Swan 60 fleet for a second time as they left Helsinki for Leg 2 of the journey following the Nord Stream. We could not have asked for a more glorious day, with the sun beaming and providing us with a beautiful backdrop for some magnificent photographs.

The fleet is scheduled to arrive Tuesday night/Wednesday morning into Visby located on the island of Gotland in Sweden.

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Nordic American Tankers Limited (NYSE:NAT) – Refinanced Credit Facility up to the Autumn of 2017

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Hamilton, Bermuda, October 22, 2012.

Nordic American Tankers (“NAT”), today announced that it has agreed with banks to establish a credit facility that will extend until the Autumn of 2017. As stated in the investor telephone conference, September 25 2012, we have been assessing various alternatives and amounts for the total financial requirements. The new non amortizing facility will total $430 million. The final documentation is expected to be completed shortly. The banking group consists of the leading Scandinavian banks DNB, Nordea and Skandinaviska Enskilda Banken. Today we have drawn $250 million of the current credit facility and have about $80 million in cash. Going forward the facility may be supplemented by other loan arrangements if events and opportunities warrant it. Commented the Chairman and CEO of NAT, Herbjørn Hansson: “I am pleased that this agreement has been entered into. This tells us that NAT is a preferred borrower. It gives NAT a continued solid financial footing and flexibility which will enable the company to grow, based upon both possible vessel acquisitions and newbuildings”.

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