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Displaying items by tag: Is the cost worth the tallship

#tallships - The Dublin Inquirer poses the question is the Jeanie Johnston worth its cost? 

It is since 2015 that Dublin City Council inherited the Jeanie Johnston from the Dublin Docklands Development Authority (DDDA) and that has seen the council pump more than €200,000 into repairs for the replica famine ship.

Having cost over €15 million to build the ship’s value has now sunk to €400,000, according to Dublin City Council Administrative Officer Derek Kelly – and officials say that more repairs are needed.

Some councillors are unsure whether more should be spent to save the historical tourist attraction (see recent plans to relocate), or if it should be cut adrift.

An Inheritance

It cost €15.5 million to build the replica ship, a price-tag that was largely covered by central government, according to a council spokesperson. Work started in 1993 and was completed in 2002.

In 2005, the DDDA bought the ship for €2.7 million from Kerry County Council, Tralee Town Council, and food company the Kerry Group, they said.

The ship was part of the €8 million parcel of assets handed over to Dublin City Council from the DDDA after it wrapped up in 2015.

But in the decade between the time when the DDDA bought it, and the agency’s demise, the ship was damaged.

Maintenance of the Jeanie Johnston was, essentially, a low priority for the authority and it was left unused for a number of years, according to the council spokesperson.

To read further on the ongoing work to repair the tallship and more click here

Published in Tall Ships

About Foyle Port

Foyle Port, located in the North West region of Northern Ireland, is estimated to handle around 2 million tonnes of cargo per year, with a trade value of approximately £1 billion. The port plays a crucial role in facilitating the import of essential agri-products, supporting around 20,000 farms in the region, as well as various local business sectors such as fuel/oil and construction industries. The organisation supports an estimated 1000 direct and indirect jobs.

Originally located in the bustling heart of Derry City, the Commissioners relocated the port to its current deep-water location at Lisahally in 1993. The terminal boasts an impressive 440 metres of quay and can accommodate large vessels of up to 62,000 DWT. Foyle Port is primarily a bulk port and a significant importer of essential commodities such as oil, coal, animal feed, fertiliser, and plywood, all of which are vital for the North West rural region.

Since 2003, the organisation has experienced significant growth, doubling both turnover and profit and attracting approximately £100 million of inward investment to the region. This investment has supported projects, including a fertiliser plant, an oil tank farm, and a biomass power station.

Established by Act of Parliament in 1854, the Londonderry Port & Harbour Commissioners is an independent statutory authority with a duty to develop, maintain and operate to the highest standards of efficiency, financial prudence, environmental awareness, safety, and security. The Port is independent of the Government and is self-financing. All financial surpluses are reinvested in the business for the benefit of future generations of stakeholders.