Menu

Ireland's sailing, boating & maritime magazine

Displaying items by tag: spending

A call for more scrutiny of spending by the State-owned Dublin Port Company, Independent.ie writes, has been insisted by the chairman of the powerful Public Accounts Committee (PAC). 

Seán Fleming spoke out following reports that senior staff spent €520,000 on company credit cards for flights, hotels and entertainment in 2018.

The 'Sunday Independent' also revealed that the company chief executive, Eamonn O'Reilly, spent €95,000 on such items via his credit card in 2018.

Other expenditure items included €200,000 for the commission and performance of a special piece of music for a (freight) ferry launch, and a total of €7m on revamping the port facilities to open it up more to the inner city and develop a garden.

The Dublin Port authorities have said they stand over all spending as both correct and appropriate, and insisted that it was included in the audited accounts.

But the TD who chairs the taxpayers' spending watchdog said he was concerned by reports concerning the semi-state company.

Louth Fine Gael TD Fergus O'Dowd, the chairman of another committee on transport and tourism, said he will discuss the issue of responsibility with Dáil colleagues in the coming days.

For much more on this story over expenses at the state's busiest port click here.  

In response to the expenses, a statement was issued from the DPC which was published by Independent and can be read in full via this link.  

Statement from Dublin Port 

Dublin Port Company is a State-owned commercial company responsible for the management, operation and development of Dublin Port - the largest and busiest port on the island of Ireland with a planned capital investment of €1bn over the next 10 years.

The company is well-managed, profitable and has a turnover of €90.4m which has grown by 28pc in the past 10 years. Dublin Port Company's total operating cost base is €43.6m.

All expenditure, including travel, subsistence and hospitality is disclosed in the company's financial accounts, which are independently audited and meet all reporting requirements and standards.

The highest standards of governance apply to robust processes and procedures on spending incurred in the legitimate course of doing business.

To continue reading the statement in full click here. 

Afloat.ie adds the Celine which is operated by CLdN on direct Dublin-mainland Europe routes is also served by fleetmates among them Laureline which took place in March. Another new fleetmate Ysaline has only entered service this month.  

Published in Dublin Port
In a horror story for yacht owners who spend too much on their boats, The Guardian reports that a "manipulative and angry" woman has been jailed in Britain for sinking her estrange husband's yacht.
Mandy Fleming became enraged when she discovered her husband had been fitting out his yacht in Brighton Marina when he said he had no money.
She drilled three holes in the hull of the £75,000 (€86,700) boat and turned on cooker gas taps which turned it into a "bomb".
Turning on a light or answering a mobile phone call would have been enough to blow up the yacht, the court at the Old Bailey heard.
An estimated £40,000 (€46,250) worth of damage was caused to the boat, while four people on nearby yachts had to be evacuated from the marina.
The 47-year-old Fleming was sentenced to 18 months for endangering life by causing criminal damage.
The Guardian has more on the story HERE.

In a horror story for yacht owners who spend too much on their boats, The Guardian reports that a "manipulative and angry" woman has been jailed in Britain for sinking her estrange husband's yacht.

Mandy Fleming became enraged when she discovered her husband had been fitting out his yacht in Brighton Marina when he said he had no money. 

She drilled three holes in the hull of the £75,000 (€86,700) boat and turned on cooker gas taps which turned it into a "bomb". 

Turning on a light or answering a mobile phone call would have been enough to blow up the yacht, the court at the Old Bailey heard.

An estimated £40,000 (€46,250) worth of damage was caused to the boat, while four people on nearby yachts had to be evacuated from the marina.

The 47-year-old Fleming was sentenced to 18 months for endangering life by causing criminal damage.

The Guardian has more on the story HERE.

Published in News Update

Bangor Town Regatta 2021

It’s expected that the fleet will number upwards of 60 with several hundred crew and supporting visitors for the 2021 Regatta.

Among the classes expected are IRC, Sigma 33, RS Elite, and day boats such as Waverleys and Fairies.

The Regatta Chairman is Gavin Watson and Royal Ulster Yacht Club is the organising club for what is Northern Ireland's biggest inshore yacht racing event.

Feeder races from Dun Laoghaire and Scotland are planned.

The Bangor Town Regatta fleet will race out of the Bangor Marina, on what is Belfast Lough’s enviable area of virtually tide and hazard free waters.

Two round-the-buoys courses within a manageable distance from the marina will provide testing but enjoyable racing and in addition, coastal races every day will give those who prefer
somewhat more leisurely competition, the opportunity to use the whole of the Lough.

Racing will be in the capable hands of International Race Officer and National Judge, local man Robin Gray.

The Race Office will be located at the Marina close to where the après sailing will be well catered for.

At A Glance - Bangor Town Regatta 2024

Belfast Lough's Bangor Town Regatta runs from 27th to 30th June and is hosted by the Royal Ulster Yacht Club.

Featured Sailing School

INSS sidebutton

Featured Clubs

dbsc mainbutton
Howth Yacht Club
Kinsale Yacht Club
National Yacht Club
Royal Cork Yacht Club
Royal Irish Yacht club
Royal Saint George Yacht Club

Featured Brokers

leinster sidebutton

Featured Webcams

Featured Associations

ISA sidebutton
ICRA
isora sidebutton

Featured Marinas

dlmarina sidebutton

Featured Chandleries

CHMarine Afloat logo
https://afloat.ie/resources/marine-industry-news/viking-marine

Featured Sailmakers

northsails sidebutton
uksails sidebutton
watson sidebutton

Featured Blogs

W M Nixon - Sailing on Saturday
podcast sidebutton
BSB sidebutton
wavelengths sidebutton
 

Please show your support for Afloat by donating