Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I suggest the next step to take is similar to what I proposed in response to the Deputy's priority question. The Deputy evidently has groups or constituents with considerable expertise in the area who believe there is an opportunity in this regard. If they have ideas on how the country could best take advantage of the opportunity, I am very open to their input. The Deputy has outlined that this is a very important part of the offshore economy and the potential for it is increasing in this country and likely to grow elsewhere. The Irish maritime sector should be well placed to take advantage.

I am sure the Deputy is aware that the key issue in the application of regulations is the flag a vessel bears. If a vessel bears the Irish flag, it must comply with Irish maritime safety regulations.

All of the relevant regulations that we have laid down are recognised by the international marine organisations and the EU and give ships flagged as Irish the best opportunities on our own shores and abroad.

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