(Cavan-Monaghan): Now that the Taoiseach has taken an interest in this tragic if outrageous occurence, could he tell us whether he has any proposals to see that the skipper and owners of this vessel whose livelihoods depend on it will be properly compensated and put back in business?

I accept the validity of that suggestion and I assure the Deputy that the matter is being actively pursued by Bord Iascaigh Mhara who are in consultation with the skipper and an offer has actually been made to him with precisely the objectives the Deputy has mentioned.

(Cavan-Monaghan): Will the Taoiseach see that adequate compensation is paid for this extraordinary and unusual cause of damage?

I cannot give a specific undertaking of that nature because the Deputy will understand that the situation at present is that a preliminary investigation has been made by the Minister for Transport with a view to deciding whether to set up a formal inquiry. In advance of that inquiry and its findings it is difficult to decide at this stage what might or might not be done. I assure the Deputy, and I know the Minister for Fisheries and Forestry has this question in mind, that we are anxious to ensure that the skipper in question does not suffer any detrimental effect as a result of this incident.

(Cavan-Monaghan): Would the Taoiseach or the Minister concerned keep the House informed about this matter?

We will certainly do that and, as I said, BIM have already made a very good offer to the skipper. I am not sure whether that offer will be accepted but there was an immediate response by BIM.