Tag Archives: rossaveal

Ship runs aground at Rossaveal.

Aran Islands. Cargo ship runs aground.

From the IRISH TIMES.

The 120m Pantanal , with 16 crew on board, broke its anchor mooring in shallow waters just off Rossaveal, Co Galway at about 6am.

Minutes later, it ran up on rock and a sandbank close to the entrance to Rossaveal fishery harbour.

It had steamed into the narrow channel yesterday evening, and was due to pick up two Aran Island fast ferries which have been sold to Mauritius.

aran ferries transport ship aground

Picture. Irish Times

 

IRISH TIMES STORY

RTE NEWS VIDEO

Aran Direct Ferries in Receivership

Aran islands ferry company in receivership.

By Gavin Daly in THE POST.IE (The Sunday Business Post)

A Galway company that operated passenger ferries to the Aran Islands has gone into receivership after its owner amassed significant debts from property development. Bank of Ireland has appointed a receiver to Bád Arann Teoranta, which traded as Aran Islands Direct from Rossaveal in Connemara. It is owned by James Clancy, the head of Clanview Construction. Earlier this year, Clancy was sent to Mountjoy Prison for 14 days for contempt of court amid questions about his financial affairs.

The receiver to Bád Arann Teoranta, Liam Dowdall of accountancy firm Smith & Williamson Freaney, has seized two boats, Clann Eagle and Clann na hOileáin.

Aran Direct boats at Rossaveal

The 2 Aran direct boats at Rossaveal. (2 closest to the pier)

He will appoint agents to sell them in a bid to recover some of the bank’s debts. According to filings at the Companies Registration Office, Bank of Ireland loaned Bárd Arann Teoranta €2.4 million in May 2006, secured with a charge over Clann na hOileain .

The ferry company has not operated in recent times and Bád Arann Teoranta has not filed accounts for several years. Its most recent figures show accumulated losses of €1.5 million at the end of June 2006. The company valued its assets at €4.3 million, but owed almost €6 million to creditors.

Clancy’s Clanview Construction went into receivership last year after Anglo Irish Bank moved to secure repayment of several million euro it was owed. Clanview built the Riverside development in Portarlington, CoLaois, using prefabricated polystyrene products from another of his companies, but the project was affected by structural defects.

In court last year, Clancy said he had substantial loans with Anglo, ACC Asset Finance and Bank of Scotland (Ireland), but had ‘‘no income’’ since 2007 and was ‘‘living on fumes’’.

The court heard he had business interests in Abu Dhabi, as well as 11 portfolios of land in Galway and properties in Laois and Offaly. Clancy was jailed for contempt for failing adequately to explain his business dealings and ventures in the United Arab Emirates.

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Inishmore (Inis-Mor) Aug 29th

Inishmore (Inis-Mor) visit via Rossaveal. Aug 29th 2010.

Some of our mainland based subscribers took a day trip to Inishmore on Sunday. They were blessed with some wonderful late August sunshine.

Many thanks to the always charming Sally O’Brien at Island Ferries for her help. They are always so efficient.

Just got to tell you that the fresh crab claws at Joe Watty’s in Kilronan are fantastic and highly recommended. Do bear in mind that fresh claws can be a little work, so don’t plan on rushing your lunch, but on the Aran Islands why would you be in a hurry anyway.

The new ferry docks in Rossaveal were built to the wrong design it would seem, and are of no use to the ferry operators.

Work continues on the new harbour facilities at Kilronan.

Great season on the Islands by all accounts and plenty happy visitors there yesterday.

Island Ferries. rossaveal

Happy visitors in Rossaveal

New berthing at rossaveal

The unused new berthing facilities at Rossaveal

Kilronan Harbour

Kilronan in the late August sunshine

new kilronan harbour under construction

New harbour works at Kilronan.

jarveys at kilronan

Transport awaits the visitors to Kilronan

joe wattys photo

The famous Joe Watty's. Kilronan, Aran Islands


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