Dr. Joseph Hiney:

That is not for sale by the port company. I am not a lawyer but I will do the best I can with the legal interpretation. It is for sale by the landlord. They have been there for a while and under Irish landlord and tenant legislation they have rights to sell on. The conditions within that lease would refer to port-related activity unless otherwise negotiated. We await information on who the new owners will be if the sale is successful. We would like to see it redeveloped in an appropriate manner.

Dealing with a very general point in terms of redeveloping the town, we do not have any principled view that the port has to be there in the very long term. The trend worldwide is always to move closer to the river mouth. Where we go is the first obvious question. How much it will cost is the second. That leads me on to the money question. As we are not participants in the sale, we do not have access to those funds. If anything, it would be an investment by the port company if we managed to have some role in its future.