I propose to take Questions Nos. 8, 10, 18 and 19 together.
I have already dealt in detail with these issues in the context of my reply to priority questions. In summary the position is as follows: Bell Lines Shipping Company and four related companies were wound up by order of the High Court on Friday, 4 July 1997 and a liquidator was appointed. It is a matter for the liquidator to realise the assets of the companies and, in the case of the Bell group, it is likely that the assets will be sold, as going concerns. I am confident the liquidator will be successful in securing the future of the core businesses of the Bell group, thus saving the maximum number of jobs possible.
Immediately following the appointment of the liquidator, I assured Waterford Harbour Commissioners of the Government's full support in maintaining and developing their businesses into the future. With a view to guaranteeing and securing the future of Waterford port, I have put the following action plan into place: I am making top level, marketing and business development expertise available to Waterford Harbour Commissioners to accelerate recovery; I have ensured that repayments on European Investment Bank loans will be met without adversely affecting the financial position of Waterford port; my Department and Waterford Harbour Commissioners will give every assistance to the liquidator to maintain the maximum number of jobs and level of business in the port area.
Belview Terminal is one of the most modern container ports in Ireland and can provide national and international carriers with direct and cost-efficient access to the UK and continental Europe. Waterford Harbour Commissioners are looking for alternative carriers to operate out of Waterford port and have already received queries from some carriers as to availability of facilities. I will work directly with the commissioners to secure the future of the port as a major strategic port. In that connection I will visit the port in the next few days.