Archive for » May 15th, 2017«

Today FM – Naval Boat Back On Sale… At Six Times The Price

Asking price for L.E. Aisling surges after just six weeks

A naval vessel sold by the Government two months ago is back on the market – at six times the price.

The L.E. Aisling is now back on sale in the Netherlands, despite its new owners confirming that no extra work has been done on the vessel.

The boat now carries an asking price of well over €650,000 – after being sold for just €110,000 less than two months ago.

Industry experts say there are reasons why the original sale price would be slightly lower – but the discrepancy is now likely to lead to inquiries at the Public Accounts Committee.

The boat was decommissioned last summer, having been replaced by a newer class of vessel, after 36 years of service.

It was purchased by a Dutch shipbroker, who was the highest of only two bidders, at auction in Cork on March 23rd.

The agency now selling the boat, which is moored in Rotterdam, has now put a reserve price of $750,000 (around €680,000) on the vessel.

A sales agent told Today FM that there had been no refurbishment or reconditioning work carried out – meaning the vessel is, in effect, in exactly the same condition as it was when relinquished the Naval Service.

But he added: “There are a few buyers around already and [one] first inspection [has been] already held. I don’t expect this too last long on the market.”

He also explained that it was “not uncommon that vessels are bought for speculation” – and that an asking price is not always what a vessel sells for.

Extra costs associated with buying the boat

Auctioneer Dominic Daly, who oversaw the sale, said the Irish Government’s sales price would be lowered because the buyer would also have to cover the cost of transferring the vessel into civilian ownership.

While this process was pending, they would be forbidden from sailing the vessel off its own steam – and would have to tug it to its new Dutch home, which could cost anywhere between €50,000 and €100,000.

This would bring the overall costs of the purchase to around €200,000 – but the gap between that cost, and its new sales price, has caused concern.

PDFORRA, the association for members of the Defence Forces, says a much higher reserve price should have been set when the boat was auctioned.

Alan Farrell, a Fine Gael TD and member of the Public Accounts Committee, says his committee is likely to hear further scrutiny into the sale:


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Concerts, boat and antique show highlight busy week with entertainment value

1 Under the Streetlamp:

The New Bern Historical Society presents Under the Streetlamp on Sunday in a 7 p.m. concert at New Bern Riverfront Convention Center, 203 S. Front St.

Steetlamp returns to New Bern by popular demand, on their nationwide tour. They will perform their all new show — Rockin’ Around the Clock — with favorites from the Four Seasons, Beach Boys, Temptations, Beatles, and much more. This dynamic foursome, a PBS favorite, was sold out in their last appearance here.

The show will start at 7 p.m. with the Convention Center opening at 5 p.m. with seat tagging available.

“The performers are from the cast of Jersey Boys. The Historical Society is thrilled to bring that kind of talent back to New Bern,” said historical society Executive Director Mickey Miller. “They gave us a wonderful show last time and were sold out. I encourage everyone to get their tickets early.”

General admission tickets are $38, plus N.C. sales tax, and $57 plus N.C. sales tax for premium seating. For active duty military/dependents/students, general admission is $33 plus tax. Sponsor tickets with front, center seating and pre-show champagne reception are also available.

Tickets are on sale on the web: NewBernHistorical.org/legends-in-concert, and are available at the New Bern Historical Society office, 511 Broad St.

Call 638-8558.

 

2 Antique and Classic Boat Show:

An Antique and Classic Boat Show will be held Saturday at the Galley Store Marina, 300 E Front St., New Bern. The free event is by the Raleigh Durham Chapel Hill Chapter of the Antique and Classic Boat Society.

Old boats have a beauty and sound all their own. Take a trip back in time and check out these much-loved craft. Layers of varnish creating a mirror finish, throaty engines, unique features not found on today’s boats are the order of the day.

There is a fee to display boat or to have a booth at the event. Call 514-8525.

 

3 Craven Community Concert Band:

The Craven Community Concert Band will present its final concert of the 2016-2017 season on Sunday at Union Point Park in New Bern. The 4 p.m. concert is under the direction of Mitchell Martin.

The free program will feature traditional band music, including marches, the Armed Forces The Pride of America, a Duke Ellington medley and the Symphonic Beatles.

The band is composed of working adults, retirees and students from Craven County Schools. The 50-member band has presented three concerts each year since 2000. Anyone interested in joining the band, or who want more information about this concert can find a complete program on the web: cravencommunityconcertband.org.

Audience members are encouraged to bring picnics and lawn chairs.

 

4 Lecture looks at Colored Troops:

Historian Dr. Frank Smith, Ph.D. will discuss the legacy of the United States Colored Troops in the American Civil War during a free Tryon Palace African American Lecture on May 18.

The 7 p.m. event will be held inside Cullman Performance Hall at the North Carolina History Center, 529 S. Front St.

 

 

5 Down East Folk Arts concert:

The Down East Folk Arts Society presents The Sultans of String in concert on Friday at Trent River Coffee Company in New Bern and at Carteret Community College the following night.

The doors open each night at 6:3 p.m., with the show an hour later. Tickets are $16 general admission, $13 for Down East Folk Arts Society members and active duty military, and $10 for students. Ticket prices do not include N.C. sales tax.

 

Submission deadlines:

Deadlines for submissions are Thursday noon each week for The Week Ahead and Top Five. The deadline for Tickets items is noon on Monday each week. Email material to charlie.hall@newbernsj.com. Submitted information or stories must be in Word or text format; PDFs are not accepted. Photos must be high-resolution and in a separate jpeg format.

 

 

 

 


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