For Immediate Release: 24th June 2009

Rights-free race images available to download in high-resolution from http://press.velux5oceans.com/

Interviews and video footage available on request from the communications team

 

 

CLIPPER VENTURES PARTNERS WITH FASNET MARINE INSURANCE

VELUX 5 OCEANS competitors to be offered competitive insurance solutions

 

The VELUX 5 OCEANS race requires that all competitors have a minimum of Third Party Liability insurance, with a minimum limit of indemnity of £2 million. Clipper Ventures PLC, the race organisers, have therefore introduced specialist yacht insurance brokers Fastnet Marine Insurance Services Ltd., to arrange for Third Party &/or comprehensive insurance to be available for all competitors who have paid their full race entry fees. This insurance will be underwritten by LloydÕs and by secure London insurance companies, and will offer competitive rates and packages to all competitors.

 

Sir Robin Knox-Johnston, Chairman of Clipper Ventures and the VELUX 5 OCEANS, commented, ÒWith the establishment of the new Eco 60 Class for the VELUX 5 OCEANS 2010-11, we talked to skippers around the world about key areas where we as a race organisation can provide assistance. Beyond the significant investments we have already committed to prizemoney, accommodation, logistics and communications, it became clear that we need to find a more efficient and valuable insurance package than what is currently on offer within the Open 60 world. Clipper Ventures therefore undertook a number of negotiations with Lloyds of London, the home of the international insurance market, and we are delighted to announce that a very competitive package is now on offer from Fastnet Marine Insurance Services for any boat entered into the VELUX 5 OCEANS 2010-11.Ó

 

Speaking from their headquarters, Director Richard Power concluded, ÒFastnet Marine Insurance Services Ltd. are delighted to be involved with this historic race. As specialists in yacht insurance, and in particular, the arrangement of insurance for yachtsman undertaking long distance ocean racing or cruising in remote areas, whether solo, short-handed or fully crewed, we understand the needs of VELUX 5 OCEANS competitors. A competitively priced, but more importantly, secure and responsive insurance package will be available, covering the yacht herself as well as Third Party Liabilities. We look forward to working with Clipper Ventures PLC, and with VELUX 5 OCEANS competitors, to assist them in this vital aspect of their race preparation.Ó

 

David Adams, Race Director of the VELUX 5 OCEANS, added, ÒI am pleased we are now in a position to offer a comprehensive and reliable insurance solution to competitors in the VELUX 5 OCEANS, whether they are competing in the new Eco 60 Class for third generation boats or in our Open 60 Class for the latest generation of offshore racing yachts. Combined with Û500,000 prizemoney for competitors, plus a minimum direct investment of Û36,000 to cover accommodation, logistics and communications, I hope that our race will continue to offer a tangible return on investment for sponsors and meet the needs of modern solo racers.Ó

 

To download an insurance form from Fastnet Insurance Brokers, please go to www.velux5oceans.com.

 

For further information on the VELUX 5 OCEANS, please contact:

Tim Kelly, Race Director of Communications

M: + 44 7773 325 533

E: tkelly@velux5oceans.com

 

For further information on Fastnet Marine Insurance Services, please contact:

Richard Power, Director Fastnet Marine Insurance Services LTD

T. +44 (0)23 8063 6677

F. +44(0)23 8063 6678

M. +44 (0)7767 822500

E: richardp@fastnet-marine.co.uk

www.fastnet-marine.co.uk

 

 

NOTES TO EDITORS

 

VELUX 5 OCEANS Ð The Ultimate Solo Challenge

 

THE ORIGINAL

The VELUX 5 OCEANS is the original single-handed round the world yacht race. Run every 4 years since 1982, the race is the longest and toughest event for any individual in any sport. Single-handed around the world's oceans in thoroughbred racing yachts represents the ultimate odyssey. The ultimate in human endeavour, only 90 people have so far finished the challenge.

 

THE CONCEPT Ð 5 Ocean Sprints

The VELUX 5 OCEANS is a series of high-pressure sprints within a marathon circumnavigation. In the course of the 30,000 mile race, the skippers cross five oceans alone:

 

1. Cape Town Ocean Sprint: 7,500 nautical miles from La Rochelle (France) to Cape Town (South Africa), starting October 17, 2010

2. Wellington Ocean Sprint: 7,000 nautical miles from Cape Town (South Africa) to Wellington (New Zealand)

3. Salvador Ocean Sprint: 7,400 nautical miles from Wellington (New Zealand) to Salvador (Brazil)

4. Charleston Ocean Sprint: 4,000 nautical miles from Salvador (Brazil) to Charleston (USA)

5. La Rochelle Ocean Sprint: 3,600 nautical miles from Charleston (USA) to La Rochelle (France)

 

The various stages and stopovers allow the skippers to push their boats harder and faster over long and diverse legs through some of the planetÕs most hostile and treacherous waters. Skippers need to set up their boats for the specific challenges of each leg, such as the light and fluky conditions of the Doldrums versus the fierce winds and seas of the roaring 40's and screaming 50's of the Southern Ocean.

 

THE CHALLENGE

The solo skipper is the central character of the VELUX 5 OCEANS. These unique individuals must demonstrate determination, skill, courage, endurance and competition at the highest level in order to succeed. The skippers must face the mental challenges of being alone, tired, cold and wet thousands of miles from land. They must endure the physical, physiological and psychological challenges of seven months racing around the world. Each skipper must be navigator, weather guru, cook, sailmaker and computer wizard while racing alone at sea. Although they rejoin family and friends ashore at stopovers, they must wrench themselves away to face the vast oceans alone again.

 

THE HERITAGE

With a rich sporting heritage, the VELUX 5 OCEANS has been contested every four years since 1982, previously under the titles of ÔBOC ChallengeÕ and ÔAround AloneÕ. The race celebrated its 25th anniversary in 2007 when it returned to the forefront of ocean racing as the VELUX 5 OCEANS. Over 25 years, the event has created an enormous sporting heritage of endeavour and achievement, including many peaks of excitement, dramatic rescues and tragic loss of life. The race has consistently attracted competitors from diverse countries around the globe, skippers who were often little known before this event, including Philippe Jeantot (France), Bernard Stamm (Switzerland), Giovanni Soldini (Italy), Brad Van Liew (USA), Isabelle Autissier (France), Yukoh Tada and Kojiro Shiraishi (Japan), Emma Richards (UK), Bertie Reed and John Martin (South Africa) and Jose Ugarte (Spain).

 

THE FUTURE

The next VELUX 5 OCEANS will take place 2010-2011 and promises to reach a global audience as the dramatic stories are followed live across TV, radio, print, Internet and via mobile technology.

 

www.velux5oceans.com

 

About The VELUX Group

VELUX creates better living environments with daylight and fresh air through the roof. Our product programme contains a wide range of roof windows and skylights, along with solutions for flat roofs. In addition, VELUX offers many types of decoration and sun screening, roller shutters, installation products, products for remote control and thermal solar panels for installation in roofs. VELUX, which has manufacturing companies in 10 countries and sales companies in just under 40 countries, is one of the strongest brands in the global building materials sector and its products are sold in most parts of the world. The VELUX Group has around 10,000 employees and is owned by VKR Holding A/S. VKR Holding A/S is a limited company wholly owned by foundations and family.

 

www.velux.com

 

About Clipper Ventures Plc

This year marks the 39th anniversary of Sir Robin Knox-Johnston's historic solo and non-stop circumnavigation in 1970. Now, as Chairman of Clipper Ventures PLC, he is at the forefront of promoting round the world yacht racing. Clipper Ventures, the marine sports company founded in 1995 and listed on AIM stock market in London in 1999, is focussed on developing and promoting major events capable of attracting significant participation, income, media coverage and associated sponsorship revenue.  The company owns the rights to the Clipper Round the World Yacht Race, the VELUX 5 OCEANS, and Zapcat Racing, the world's largest one-design powerboat series.

 

www.clipper-ventures.com

 

About La Rochelle

For 1,000 years, La Rochelle the "rebel" likes being different: democratic a long time before the rest of France, it is Protestant when the whole France is Catholic; it always innovates and disrupts commonplaces and the city becomes a pioneer as regards urban ecology. Throughout history, La Rochelle shows its difference. It has always been turned toward the sea and has a rich and turbulent past. La Rochelle remained bubbly of ideas and events. Boating and sailing races are deeply rooted in La RochelleÕs culture and many events were held in this city where the French boating industry could develop its numerous assets.

 

Stopovers of the Volvo Ocean Race, of the Global Challenge, of the Clipper Race, start city of the Transat 6.50 Charente-Maritime/Bahia, commemoration the 400th anniversary of the discovery of Quebec, International In-water Boat Show... a multiplicity of events that ranked La Rochelle as one of the major capital of International sailing. La Rochelle still steer the course to the future!

 

www.ville-larochelle.fr