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Steam Packet Warns Of Disruption To Sailings


Amadeus

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5 minutes ago, Manxweegie said:

A fantastic purchase to ensure continual operational flexibility.

Fully believe she will be continued to be put on charter to assist CalMac too.  

The whole point of keeping the Ben was to provide this type of cover when Manxman arrived. Does this mark a change in policy?  Is Ben going to be sold or chartered out? Condor/Guernsey are on the look out.

it’ll spend most of its time crewed and at Anchor off Warrenpoint. Think it’s spent longer on charter to Condor than CalMac. In fact she’s en route to Jersey from Portsmouth now.

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Just now, John Wright said:

The whole point of keeping the Ben was to provide this type of cover when Manxman arrived. Does this mark a change in policy?  Is Ben going to be sold or chartered out? Condor/Guernsey are on the look out.

it’ll spend most of its time crewed and at Anchor off Warrenpoint. Think it’s spent longer on charter to Condor than CalMac. 

Perhaps there is the ability to now operate additional freight crossings with Arrow, Manxman and the BMC. Until further details are released it is hard to hazard a guess.

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Just now, Manxweegie said:

Perhaps there is the ability to now operate additional freight crossings with Arrow, Manxman and the BMC. Until further details are released it is hard to hazard a guess.

Is there any suggestion that there’s a lack of freight capacity ( except TT ) on the Ben, or when the Ben is out of action?

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1 minute ago, John Wright said:

Is there any suggestion that there’s a lack of freight capacity ( except TT ) on the Ben, or when the Ben is out of action?

Judging my the amount of complaints and threads on here regarding deliveries of parcels etc. I would say so.

More freight capacity can only be a benefit. 

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9 minutes ago, 0bserver said:

I mean could we see IOMSPC bin off MANANNAN and retaining the BEN and having ARROW as back up? 

I’ve heard that the Manannan is having works done on her over the winter - internal works. That’s unlikely. 
 

Already on social media, the call is to use the Arrow to transport bikes and rally cars and crews to the island. Add in the politicos adding their two pennerth, 

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2 minutes ago, 2112 said:

I’ve heard that the Manannan is having works done on her over the winter - internal works. That’s unlikely. 
 

Already on social media, the call is to use the Arrow to transport bikes and rally cars and crews to the island. Add in the politicos adding their two pennerth, 

I don't know the economics or those things but maybe there's profit to be made from chartering it out. It seems busy in Jersey?

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Just now, John Wright said:

It's a lot to be laying out when you've got to pay off the purchase price out of profits and you've got a new ferrry bought on borrowed funds to pay off and Manannan needs replacing, with something, sometime before 2030.

Like a lot of things to do with the Steam Packet, I wonder if this was forced.  The press release (which is rather terse) starts: "Upon the decision by the owners of “MV Arrow” to sell the cargo ship..." and presumably they would still have needed it for the Winter for cover etc until the new boat arrives.  Are there many other boats they could have chartered in instead and does EUR 9 million represent a fair price?

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7 minutes ago, Roger Mexico said:

does EUR 9 million represent a fair price?

It is fair enough - the vessel is old (24 years) but has a proven track record in the ports where it will primarily be sailing.

I have seen older vessels with less capacity go for upwards of $13 - $17 million dollars.

So the price is best described as fair.

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1 hour ago, John Wright said:

It's a lot to be laying out when you've got to pay off the purchase price out of profits and you've got a new ferrry bought on borrowed funds to pay off and Manannan needs replacing, with something, sometime before 2030.

Never fear, there's always the NI fund to plunder!

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