The High Court has lifted an order, granted earlier this month, for the arrest of the Jeanie Johnston Famine replica ship. The order was lifted by agreement and work on the vessel, which is in Fenit, Co Kerry, will resume and is expected to be completed within weeks, the court heard.
After lifting the arrest order yesterday, Mr Justice Barr provisionally fixed February 27th for the hearing of a motion for security of costs which is being brought by the ship's owners, Jeanie Johnston (Ireland) Ltd, against an electrical company, M.J. Marshall, of Muckross Grove, Killarney.
The owners are seeking security of costs of proceedings taken against them by the electrical company. On February 6th, Marshalls moved to have the vessel arrested. The company alleged it was due more than €170,000.
Work was due to have been completed 18 months ago in time for the millennium celebrations and the vessel was scheduled to have made a transatlantic voyage.
The project is now believed to have cost €14.35 million - more than four times the original estimate of € 3.8million.
Yesterday Mr Paul Gallagher SC, for the owners, asked that the case be adjourned on their undertaking that the vessel would not leave the jurisdiction.