Vol. 492 No. 2
88 Mr. Stagg asked the Minister for the Marine and Natural Resources the total of all grants paid by State agencies under the aegis of his Department to a company (details supplied); the dates on which these were paid; and if he will make a statement on the matter. [13791/98]
Under the Shipping Investment Grants Act, 1987, a grant totalling £2.06 million was paid by the then Department of the Marine to Arklow Shipping Limited between the years 1987-89, inclusive, towards the acquisition of four drybulk cargo vessels of 1,750 dead weight tonnes each. The breakdown was as follows: — December 1987, £0.515 million; March 1988, £0.515 million; May 1988, £0.515 million; January 1989, £0.515 million.
