Ailing €14m replica Famine ship is worth just €150k

The replica Jeanie Johnson famine ship, which cost the taxpayer €14m, is now valued at a paltry €150,000, with the visitor attraction haemorrhaging money on an annual basis.

Significant water damage to the vessel was discovered in 2011 but was left berthed at its permanent position in the Dublin Docklands for a further three years before repair work was carried out.

The state agency responsible did not have the funds for repairs. The Dublin Docklands Development Authority (DDDA) claims it did not have the funding to dry dock the vessel for a number of years despite annual revenues of €30,000 being earned from the tourist amenity.