The Waterford Maritime Festival has been cancelled for this year due in part to the affect of the war on Iraq.
The June Bank Holiday Weekend festival at the city's quays and Dunmore East had brought thousands of visitors to the region.
The event was cancelled because several national Navies due to bring vessels to the festival had been unable to commit ships or personnel due to the war on Iraq.
In a statement the organisers said they were disappointed but hoped to run an even bigger, better event in 2004.