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Dáil Éireann díospóireacht -
Thursday, 29 Mar 1962

Vol. 194 No. 6

Ceisteanna—Questions. Oral Answers. - Balance of Payments: Contribution by Irish Ships.

5.

asked the Taoiseach what was the net contribution of Irish ships of all classes to the national balance of payments in each of the years 1952 to 1961 inclusive.

The information available relates to the gross freight earnings of Irish shipping companies from all activities, except coastal transport, less payments made outside the State (for equipment, charter hire, repairs, bunkers, stores, harbour dues, etc.). I propose, with the permission of the Ceann Comhairle, to circulate in the Official Report a statement showing the net earnings of Irish shipping companies in each year 1952 to 1961.

Following is the statement:—

Year

Net earnings of Irish Shipping Companies

£ million

1952

1.6

1953

1.0

1954

1.0

1955

1.5

1956

2.1

1957

2.5

1958

1.4

1959

1.7

1960

2.1

1961

1.8

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