Mar 11, 2019

The Ocean RaceTwo decades after buying the Race from Whitbread, Volvo has now transferred ownership to a new group, led by Richard Brisius and Johan Salén. 

The ownership change was announced before the finish of the race last year, and the full transaction has now been completed. 

Going forward, we will now be known as The Ocean Race with Volvo staying in the race family as a significant commercial partner as we look ahead to the next edition in 2021. 

Plans for the next race are well underway and an exciting collaboration with the IMOCA Open 60 class means two types of boat will compete in the next race – the high-tech, foiling IMOCA 60s, and the one-design VO65s that produced such intensely close racing last time out. 

We have teams already showing enthusiasm with strong interest and demand in both classes. The Notice of Race was published in December and the official entry period is now open. 

We can confirm the 2021-22 edition will begin from Alicante, Spain in the autumn of 2021 and will finish in Europe in early summer 2022. The host city procurement process for our stopovers is already well underway and the full route will be announced this summer. 

In the meantime, we invite you to stay tuned to the official channels of The Ocean Race for all the latest updates. And be sure to check back with us next month when we will introduce our new brand identity and have more updates about the next race, including team, partner and sustainability programme news.

Visit: https://www.theoceanrace.com/en/home.html

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CANADIAN HOUSE OF COMMONS TRADE COMMITTEE REPORT HIGHLIGHTS IMPACT OF RETALIATORY TARIFFS, URGES SWIFT RESOLUTION

 

NMMA CanadaA new Canadian House of Commons International Trade Committee report finds that retaliatory tariffs are taking a toll on Canada’s economy and calls on the government to work with the U.S. on resolving the issue. The study – titled “Section 232 of the United States Trade Expansion Act: Implications of Tariffs for Canada” – includes specific mentions of the recreational boating industry’s hardships from aluminum and steel tariffs and subsequent retaliation measures – a key win for the industry, which NMMA Canada and the Provincial Marine Trade Associations helped secure through written submissions and advocacy efforts. The Canadian government now has 60 days to respond to the committee’s report.

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