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Dominic Daly

'It's embarrassing': LÉ Aisling sold by State for €110k - it's now on the market for nearly €700k

It’s being sold by the Dutch ship broker who bought it earlier this year.

THE DEPARTMENT OF Defence has been accused of an “embarrassing” blunder by selling off the LÉ Aisling for a fraction of the price the State could have received for the Navy vessel.

The ship was sold at auction in Cork for €110,000 earlier this year. It has been put on sale for a starting price of $750,000 (€683,000) by the private seller.

The advertisement states: “Vessel just decommissioned from Naval service and in very good condition. Price will go up as owners will spend money on further improvements. Better be quick… Location: Rotterdam.”

It was put on sale last week.

Sinn Féín’s defence spokesman Aengus Ó Snodaigh said the news comes as an embarrassment for the Department of Defence.

Speaking to TheJournal.ie, Ó Snodaigh said: “It’s embarrassing that they didn’t do their homework on this. It’s crazy, really. It represents a significant loss to the State. Whoever is valuing the vessel obviously didn’t do their job right.

For a private buyer to be able to come in and flip it for at least six times its value in the space of a few weeks is just madness.

LE AISLING Unlimited Offshore Unlimited Offshore

The vessel was decommissioned three years ago and had clocked up over 650,000 nautical miles during its years on the seas.

The LE Emer was sold for €320,000 in 2013. The difference in prices is being attributed to a collapse in the market.

TheJournal.ie has contacted the Department of Defence for comment.

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191 Comments
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    Mute Johnny Merren
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    Dec 14th 2018, 12:54 PM

    Its a bit bland, lacking character

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    Mute Ibhar Mac Suibhne
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    Dec 14th 2018, 11:43 AM

    Zero automation or distributed AV system …yep it’s only a large house

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    Mute Grumpeee Oldman
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    Dec 14th 2018, 4:58 PM

    Tough crowd tonight !

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    Mute Patrick Agnew
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    Dec 14th 2018, 9:04 AM

    Mansion me arse. It’s a big house

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    Mute Seán Ó Briain
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    Dec 14th 2018, 4:38 PM

    A mansion has 5,000-square-foot of space or more. This is not a mansion. It’s a f*cking house.

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    Mute Shane Cormican
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    Dec 14th 2018, 1:08 PM

    I totes sure that’s Ivooorrrss house loike

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    Mute Darren Byrne
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    Dec 14th 2018, 3:23 PM

    @Shane Cormican: think you’re roysh man

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    Mute Mark Plunkett
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    Dec 14th 2018, 6:45 PM

    @Shane Cormican: put DAMO in there after winning the euromillions,great craic.

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    Mute CtrlAltDel
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    Dec 16th 2018, 12:27 PM

    @Mark Plunkett: no it wouldn’t as he is a stupid dub c unt

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    Mute Jessie Ginger
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    Dec 14th 2018, 3:15 PM

    BEIGEAGEDDON

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    Mute Mark Plunkett
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    Dec 14th 2018, 6:43 PM

    Marble everywhere it would cost a bomb to heat,when does a 4 bed house qualify as a mansion,go down to Wexford and see what mansion you’d get for 2.5 mil,foxrock me arse.

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    Mute thesaltyurchin
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    Dec 16th 2018, 10:31 AM

    Lol! looks like a stage set. Do we even have rappers rich enough to afford this?

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    Mute Paddy Power
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    Dec 16th 2018, 10:09 AM

    Even millionaire raffle will not afford it.

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    Mute Michael Cunningham
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    Dec 17th 2018, 4:07 AM

    Ah lads, how is this €2.5mill? It’s a 4 bed house.

    Is it the jacuzzi? That won’t cost €10grand.

    Whomever buys this place has more money than sense. Obviously a shaft of a price tag.

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