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Auctioneer Defends Price Fetched for Former LE ‘Aisling’

16th May 2017
Former Irish Naval Service LE Aisling which was sold for €110,000 but is said to be back on market at €685,000. The vessel renamed Avenhorn was towed from Cork in late April and is seen above just after delivery voyage to Rotterdam. Former Irish Naval Service LE Aisling which was sold for €110,000 but is said to be back on market at €685,000. The vessel renamed Avenhorn was towed from Cork in late April and is seen above just after delivery voyage to Rotterdam.

#AislingResale - An auctioneer in Cork who handled the State’s sale of the Naval Service patrol ship LE Aisling for €110,000 has said he is not surprised if the vessel is now being advertised at multiples of that figure, writes The Irish Times.

A Dutch ship broking agency which purchased the ship at auction in late March is advertising it for sale in “very good condition” but with no guide price on its website.

The Permanent Defence Forces’ Representative Association (PDFORRA) had expressed concern that the price was being quoted at $750,000 - approximately €685,000.

Auctioneer Dominic Daly,who sold the Aisling’s sister ship, Emer, to a Nigerian businessman for €320,000, said he was “delighted” the new owner was”trying to make the best of his purchase”.
Mr Daly pointed out that classification of a ship to meet international surveying standards involves “considerable cost”, and Naval Service ships are not classified.

“Mr [Dick]Van der Kamp would have had to pay for reclassification,which involves putting the ship in dry dock, along with fuel costs for delivery to Holland,”he said.

Mr Van Der Kamp said at the time that it was too early to say whether he had got a bargain as the market internationally for offshore vessel was very depressed.

To read more on this story, click here.

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