Two Months After Its Sale the LE Aishling is on Sale for Six Times it Purchase Price

By Seamus Whelehan

Mr Dick Van Der Kamp and Auctioneer Dominic Daly seal the purchase of LE Aishling on March 23 2017 with a handshake.

Just two months after the LE Aishling was sold at auction for €110,000 it has been re-floated on the market with a price tag of US $750,000 or €685,000.
The vessel was sold to Dutch Ship Broker Mr Dick Van Der Kamp on just the second bid selling at a fraction of the price her sister ships fetched at auction.
The LE Emer sold for €320,000 in 2013 with the LE Deirdre going for just over €241,000 in 2001.
PDFORRA argue the government should have set a higher reserve.
With a potential loss of €500,000 to the exchequer the monies could have been reinvested in Naval HQ.
They say there is a crucial need for investment in accommodation at the Haulbowline base, with several crew members living on board ship.
A large number are unable to afford rental accommodation because they are so poorly paid.
Starting pay for new recruits is almost €22,000 with many unable to afford rental prices of between €1,000 - €1,500 a month being asked for in Cobh and Carrigaline.
Dominic Daly the auctioneer who sold the vessel on behalf of the Department of Defence said there would have been substantial investment in preparing the ship for resale, which could run to hundreds of thousands.

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