The Abu Dhabi Ocean Racing team, with skipper Ian Walker, second right, after their win in the Volvo Ocean Race’s fifth leg on Sunday in Itajai, Brazil. Buda Mendes / Getty Images / Volvo Ocean Race / April 5, 2015
The Abu Dhabi Ocean Racing team, with skipper Ian Walker, second right, after their win in the Volvo Ocean Race’s fifth leg on Sunday in Itajai, Brazil. Buda Mendes / Getty Images / Volvo Ocean Race / April 5, 2015
The Abu Dhabi Ocean Racing team, with skipper Ian Walker, second right, after their win in the Volvo Ocean Race’s fifth leg on Sunday in Itajai, Brazil. Buda Mendes / Getty Images / Volvo Ocean Race / April 5, 2015
The Abu Dhabi Ocean Racing team, with skipper Ian Walker, second right, after their win in the Volvo Ocean Race’s fifth leg on Sunday in Itajai, Brazil. Buda Mendes / Getty Images / Volvo Ocean Race /

‘A strong chance glory awaits’: With Leg 5 win, Azzam control Volvo Ocean Race destiny


  • English
  • Arabic

Way back in November, in Cape Town, almost five months and 29,000 nautical miles ago, Bouwe Bekking called it.

The Volvo Ocean Race (VOR) fleet was about to embark on the second of nine legs. Sailor talk was already about the closeness of racing; Azzam had edged Dongfeng Race Team by 12 minutes at the end of a 25-day first leg and it seemed a pattern was being set.

Few active participants know the race better than Bekking, skipper of Team Brunel, and in his seventh race. His first was back in 1985/86, before quite a few sailors now taking part were born. The fifth leg, he said, from Auckland to Itajai, could be the make-or-break one.

As Ian Walker and Abu Dhabi Ocean Racing's Azzam sailed into Itajai in first place late Sunday afternoon and opened up a big lead on second-place Dongfeng, Bekking seems to have got it right.

Azzam is seven points ahead, with just four, more straightforward and shorter legs to go. In the terms of football leagues, the title is almost sealed, especially if Abu Dhabi Ocean Racing keep their record of finishing on the podium every leg.

But ocean sailing is emphatically not football, or not as controllable, in any case. As Walker will know only too well, and as Dongfeng’s unfortunate mast-breakage highlighted, calamity can strike at any point.

And Walker is not that kind of competitor. He will remember Telefonica’s fate in the last race, how the Spanish team led until Itajai, only to fall away dramatically thereafter. He is exactly the kind of meticulous, obsessive skipper who will not think of winning the race until he actually wins the race.

Until then, he will make sure everything is just as it should be in every leg to ensure his oft-repeated pre-race aim: a top-three finish in every leg.

This taming of the toughest leg, which makes Azzam the only boat in the race with two leg wins, had a typically Walker-ian stamp. The navigator Simon Fisher, a man firmly in keeping with Walker's philosophy, had made clear before the leg that two primary aims had to be balanced.

Keep the boat in one piece was the first, and given Azzam's troubles and inability to finish this leg last time, it was doubly imperative this time. But, when conditions allow, push the boat hard and fast as possible.

The one-design Volvo Ocean 65 is a more robust vessel than the 2011/12 Volvo Open 70 and Azzam finishing without major damage was a major plus. Once news came through of Dongfeng's mast, the pragmatic Walker knew Azzam had to just finish, rather than finish necessarily first or second, to take advantage.

The decision to drop keel on two occasions when winds reached 50 knots and above, was made with this in mind. “We dropped the keel, we tried to manage it, we lost probably about 10 miles to the fleet doing so, but in hindsight it seems like a pretty shrewd decision,” Walker said in Itajai. It could turn out to be a decisive decision.

But when they had to, they cranked it up with the best of them. They won the IWC 24-hour Speed Record Challenge for this leg, tearing through 551 miles in one day on March 30. No boat has covered more miles in this edition of the race.

For a man who has sailed the VOR previously with boats that were not swift enough, this was an especially pleasing award. “We were so stoked with the record,” he said.

“After about eight hours I said to the guys, ‘Look, I want to get that, even if it means losing distance in the race, I want to go for it.’ That’s what actually got us back in with the leaders.”

Matters now are set up perfectly for Azzam. Emirati sailor Adil Khalid returns to the crew for Leg 6, to Newport, Rhode Island, which begins on April 19. That returns an already strong crew to its strongest formation. Dongfeng, meanwhile, face a race against time to have a new mast refitted in time for the start.

And the racing now, as Khalid pointed out last week, is mostly straight-line, drag-racing. It is the kind of racing Walker thrives on, as had been pointed out plenty before the race began.

The expectation has heaped pressure on him and it has shown in his regular sleepless stints, which are now becoming a staple VOR story. But he prefers it that way. It leaves everything in his hands, and the more-than-capable ones of his crew.

“The great thing about one-design is if you sail well, you do well and if you make mistakes or don’t sail well, you don’t,” he said.

They will not do anything silly right now. Four more not-silly legs and there is a strong chance glory awaits.

osamiuddin@thenational.ae

MATCH INFO

Syria v Australia
2018 World Cup qualifying: Asia fourth round play-off first leg
Venue: Hang Jebat Stadium (Malacca, Malayisa)
Kick-off: Thursday, 4.30pm (UAE)
Watch: beIN Sports HD

* Second leg in Australia scheduled for October 10

UAE currency: the story behind the money in your pockets
Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.