155 Deputy Joe Costello asked the Minister for Transport if his attention has been drawn to the fact that Dun Laoghaire Harbour Board is seeking a restructuring of the harbour company with substantial redundancies; if this is related to the Croke Park agreement; and if he will make a statement on the matter. [46201/10]

Dun Laoghaire Harbour Company is facing a significant financial adjustment from 2011 onwards as a result of the changes in its current contract with its main customer, Stena Line. In order to keep the business on a sustainable footing, the company must reduce its cost base, a substantial portion of which is staff costs. The company has been engaging with its employees and their representatives over the past two years, and this process has involved the Labour Relations Commission and the Labour Court. A voluntary redundancy offer has recently concluded and the company is considering what further measures may be required.

My Department and I have been kept apprised of the situation throughout this process as part of the regular communications that take place between the company and shareholder. However, the matter is primarily an operational one for the company, in which I have no function.

The Croke Park Agreement is not applicable to the Dun Laoghaire Harbour Company as it does not apply to commercial State bodies.