Menu

Ireland's sailing, boating & maritime magazine

Displaying items by tag: IOM Steam Packet

The cancellation of TT and Covid restrictions have been blamed for the deficit.

As Manx Radio reports, the government-owned ferry operator lost more than £10.5 million last year.

The Isle of Man Steam Packet Company's accounts have been published ahead of this month's Tynwald sitting.

The figures show the firm lost £10,561,803 in 2020, compared to a profit of just under £10 million the year before.

The report says the cancellation of the TT, as well as ongoing Covid restrictions have had a 'very significant effect' on its income.

Further reading here including a podcast. 

Published in Ferry

Senior figures in the Isle of Man Steam Packet Co.,who between them have amassed more than half a century of dedicated service to the Manx ferry company are to retire later this year.

Chief Executive Officer Mark Woodward and Commercial Director John Watt will both stand down from their roles in July 2021.

Well-respected by colleagues ashore and afloat, they have collectively chalked up 58 years during which time they have overseen a number of changes, including the acquisition of the IOM Steam-Packet by the Manx government and managing the detailed operation to secure a new purpose-built vessel, which is due to come into service in 2023.

Mark Woodward joined the Company in 1989 as Management Accountant, moving to Operations in 1995. He succeeded the late Hamish Ross as Chief Executive Officer in 2007.

At the helm for the past 14 years, during which time the Company has gone from strength-to-strength, his extensive knowledge and experience have proved invaluable, creating a strong long-term platform to deliver continued investment in sea services that meets the needs of the Island.

He commented: ‘I have been contemplating retirement for a year or so now. While I was pleased in December to be asked to stay for a few more years, ultimately the glimpse of freedom offered by working from home last year led to my final decision. I have steered the Company through both calm seas and choppy waters for 14 years now and I am happy it will be in safe hands under the Chairmanship of Lars Ugland.

‘I will, of course, miss all my colleagues and the camaraderie in the office. It has been a genuine pleasure and an honour to work for such a vital and historic Company.’

John Watt moved to the Company in 1995 and joined the Board of Directors eight years later. During his tenure, the number of passenger sailings have more than doubled, while average fares paid have halved in real terms.

He said: ‘It has been a privilege to serve this great Company over a fascinating period in its long history. In that time, fast craft has replaced conventional tonnage in some areas, special offers rather than standard fares have become the norm, the number of Liverpool services has virtually trebled and Heysham passenger services have doubled. It has been a real pleasure working for such an important Company and with such friendly and professional colleagues.’

Chairman Lars Ugland added: ‘I’d like to place on record our gratitude for both Mark and John’s long service and acknowledge the fine contribution they have made.

‘Under Mark’s leadership, the Company has made great strides to provide what is best for our Island, stabilising the long-term future of sea services for the Isle of Man and its people.

‘His quick intelligence, huge experience, sense of humour and loyalty have made him an excellent Chief Executive and he has offered a constant wise counsel, always with the best interests of the Company and the Isle of Man at heart. He will be much missed by me, the staff and the Board.

‘Likewise, John’s diligent and efficient manner has served us well and he too will be greatly missed, both on a personal level as well as for his contribution to the Company's success.’

Published in Ferry

Ferry operator the Isle of Man Steam Packet Company will officially mark its 190th anniversary on Tuesday (tomorrow).

It's the world’s oldest continually-operating passenger shipping company and has served the Island since 30 June 1830.

The Steam Packet, reports Manx Radio, started with a wooden paddle steamer known as Mona's Isle, built at a cost of £7,052, which was launched from Glasgow after being built on the River Clyde.

After arriving in Douglas, her maiden passenger crossing from the Isle of Man took place in mid-August that year.

To celebrate the milestone the Packet's fleet, decked in bunting, will sound its whistles in Douglas Harbour at 6pm on tomorrow evening (30 June).

Published in Ferry

The Isle of Man Steam Packet's fastferry, Manannan is to remain in Manx waters this winter.

According to EnergyFM, the passenger /vehicle craft concluded the 2019 season earlier this month, maintaining a 100% technical reliability record during the whole summer, according to the company.

Completing 759 sailings and travelling 51,777 nautical miles, the high-speed ferry also operated a 98.15% punctuality record, as the season drew to a close.

Manannan will now be moored in Douglas Harbour before undergoing an annual overhaul ahead of services resuming on 27th March next year.

Click here for more details.

Published in Ferry

The Isle of Man Steam Packet Company wants public opinion on a new ship. 

The ferry operator reports Manx Radio, wants to know your thoughts, as it prepares for 'major investment in its fleet'.

The company has plans to replace the Ben-my-Chree with a purpose-built ship, designed and constructed over the next three years.

Passengers past, present and future are invited to submit their views, specifically relating to on-board facility preferences, through a survey (click here) which is being hosted by Island Global Research.

For more click here. 

Published in Ferry

A completion date for the new £38m Liverpool landing stage for Isle of Man ferries has been delayed.

According to IOMToday, it will be in the summer, as the completion date for the ferry terminal was given as February 2021, but that has been put back to July of that year.

However, Infrastructure Minister Ray Harmer said he was hoping it would be ready for the TT, which gets under way at the end of May.

The delay was due to the discharge of planning conditions and some legal agreements taking ’longer than anticipated’, he said.

It was also revealed that dredging is required for the project which Afloat adds will see the Isle of Man Steam Packet use the new terminal. 

For more on this development click here. 

Published in Ferry

In an aim to introduce electric vehicle charging points, a campaign has been set up to apply this on board ferries of the Isle of Man Steam Packet.

David Dorricott from the Mountain View Innovation Centre based outside the (harbour town of Ramsey) wants people to be able to 'charge whilst you cross'.

He says the Island is behind other nearby companies, which have brought in ferry EV charging. 

For more Manx Radio reports having contacted the Steam Packet Company for a response with a podcast available through this link.

Published in Ferry

According to EnergyFM, the chairman of the Isle of Man Steam Packet Company will retire in Spring 2020 after holding his position for over 20 years.

Robert Quayle was appointed as chair in 2008 and was a director of the ferry company for more than two decades.

He will step down from his role on March 31st next year.

Mr Quayle said: ‘It has been a privilege to serve this great Company over a fascinating period in its long history. I have witnessed a number of changes of ownership during that time but the Company has continued to provide a consistent and reliable service to the Island community throughout.'

More here from the radio station. 

Published in Ferry

Ferry firm the Isle of Man Steam Packet made a profit of £9.3m in the year that it was acquired by the Manx government.

But operating profits writes IOMToday, have fallen slightly.

Accounts for the Isle of Man Steam Packet Company Group Ltd for the year ending December 31, 2018, will be laid before this week’s Tynwald sitting.

They show profits for the year attributable to equity owners at £9,332,364 compared to £8,421,874 in 2017.

But operating profit, at £10,470,595, was down slightly from £10,813,574 the previous year.

The group was acquired by the Treasury on May 24 last year for a total of £124.7m, represented by debt of £75.9m and equity of £48.8m.

For more here on the accounts of the company. 

Published in Ferry

The Manx government will be required to guarantee the Isle of Man Steam Packet’s loans when it builds its new ferries.

Under the terms of the sea services agreement, the company must provide two new ships, with the first due to be in service in 2022.

In a Treasury report, due to be presented to Tynwald (Manx Parliament) on the refinancing of the £76m the company owes the taxpayer, it is also revealed that a government guarantee on the loans for new boats will be required.

The section of the report titled ’Additional Company Debt’ details the necessity for new ships and that ’it will require borrowing’.

For more the IOMToday reports here.  

Published in Ferry
Page 4 of 8

Irish Fishing industry 

The Irish Commercial Fishing Industry employs around 11,000 people in fishing, processing and ancillary services such as sales and marketing. The industry is worth about €1.22 billion annually to the Irish economy. Irish fisheries products are exported all over the world as far as Africa, Japan and China.

FAQs

Over 16,000 people are employed directly or indirectly around the coast, working on over 2,000 registered fishing vessels, in over 160 seafood processing businesses and in 278 aquaculture production units, according to the State's sea fisheries development body Bord Iascaigh Mhara (BIM).

All activities that are concerned with growing, catching, processing or transporting fish are part of the commercial fishing industry, the development of which is overseen by BIM. Recreational fishing, as in angling at sea or inland, is the responsibility of Inland Fisheries Ireland.

The Irish fishing industry is valued at 1.22 billion euro in gross domestic product (GDP), according to 2019 figures issued by BIM. Only 179 of Ireland's 2,000 vessels are over 18 metres in length. Where does Irish commercially caught fish come from? Irish fish and shellfish is caught or cultivated within the 200-mile exclusive economic zone (EEZ), but Irish fishing grounds are part of the common EU "blue" pond. Commercial fishing is regulated under the terms of the EU Common Fisheries Policy (CFP), initiated in 1983 and with ten-yearly reviews.

The total value of seafood landed into Irish ports was 424 million euro in 2019, according to BIM. High value landings identified in 2019 were haddock, hake, monkfish and megrim. Irish vessels also land into foreign ports, while non-Irish vessels land into Irish ports, principally Castletownbere, Co Cork, and Killybegs, Co Donegal.

There are a number of different methods for catching fish, with technological advances meaning skippers have detailed real time information at their disposal. Fisheries are classified as inshore, midwater, pelagic or deep water. Inshore targets species close to shore and in depths of up to 200 metres, and may include trawling and gillnetting and long-lining. Trawling is regarded as "active", while "passive" or less environmentally harmful fishing methods include use of gill nets, long lines, traps and pots. Pelagic fisheries focus on species which swim close to the surface and up to depths of 200 metres, including migratory mackerel, and tuna, and methods for catching include pair trawling, purse seining, trolling and longlining. Midwater fisheries target species at depths of around 200 metres, using trawling, longlining and jigging. Deepwater fisheries mainly use trawling for species which are found at depths of over 600 metres.

There are several segments for different catching methods in the registered Irish fleet – the largest segment being polyvalent or multi-purpose vessels using several types of gear which may be active and passive. The polyvalent segment ranges from small inshore vessels engaged in netting and potting to medium and larger vessels targeting whitefish, pelagic (herring, mackerel, horse mackerel and blue whiting) species and bivalve molluscs. The refrigerated seawater (RSW) pelagic segment is engaged mainly in fishing for herring, mackerel, horse mackerel and blue whiting only. The beam trawling segment focuses on flatfish such as sole and plaice. The aquaculture segment is exclusively for managing, developing and servicing fish farming areas and can collect spat from wild mussel stocks.

The top 20 species landed by value in 2019 were mackerel (78 million euro); Dublin Bay prawn (59 million euro); horse mackerel (17 million euro); monkfish (17 million euro); brown crab (16 million euro); hake (11 million euro); blue whiting (10 million euro); megrim (10 million euro); haddock (9 million euro); tuna (7 million euro); scallop (6 million euro); whelk (5 million euro); whiting (4 million euro); sprat (3 million euro); herring (3 million euro); lobster (2 million euro); turbot (2 million euro); cod (2 million euro); boarfish (2 million euro).

Ireland has approximately 220 million acres of marine territory, rich in marine biodiversity. A marine biodiversity scheme under Ireland's operational programme, which is co-funded by the European Maritime and Fisheries Fund and the Government, aims to reduce the impact of fisheries and aquaculture on the marine environment, including avoidance and reduction of unwanted catch.

EU fisheries ministers hold an annual pre-Christmas council in Brussels to decide on total allowable catches and quotas for the following year. This is based on advice from scientific bodies such as the International Council for the Exploration of the Sea. In Ireland's case, the State's Marine Institute publishes an annual "stock book" which provides the most up to date stock status and scientific advice on over 60 fish stocks exploited by the Irish fleet. Total allowable catches are supplemented by various technical measures to control effort, such as the size of net mesh for various species.

The west Cork harbour of Castletownbere is Ireland's biggest whitefish port. Killybegs, Co Donegal is the most important port for pelagic (herring, mackerel, blue whiting) landings. Fish are also landed into Dingle, Co Kerry, Rossaveal, Co Galway, Howth, Co Dublin and Dunmore East, Co Waterford, Union Hall, Co Cork, Greencastle, Co Donegal, and Clogherhead, Co Louth. The busiest Northern Irish ports are Portavogie, Ardglass and Kilkeel, Co Down.

Yes, EU quotas are allocated to other fleets within the Irish EEZ, and Ireland has long been a transhipment point for fish caught by the Spanish whitefish fleet in particular. Dingle, Co Kerry has seen an increase in foreign landings, as has Castletownbere. The west Cork port recorded foreign landings of 36 million euro or 48 per cent in 2019, and has long been nicknamed the "peseta" port, due to the presence of Spanish-owned transhipment plant, Eiranova, on Dinish island.

Most fish and shellfish caught or cultivated in Irish waters is for the export market, and this was hit hard from the early stages of this year's Covid-19 pandemic. The EU, Asia and Britain are the main export markets, while the middle Eastern market is also developing and the African market has seen a fall in value and volume, according to figures for 2019 issued by BIM.

Fish was once a penitential food, eaten for religious reasons every Friday. BIM has worked hard over several decades to develop its appeal. Ireland is not like Spain – our land is too good to transform us into a nation of fish eaters, but the obvious health benefits are seeing a growth in demand. Seafood retail sales rose by one per cent in 2019 to 300 million euro. Salmon and cod remain the most popular species, while BIM reports an increase in sales of haddock, trout and the pangasius or freshwater catfish which is cultivated primarily in Vietnam and Cambodia and imported by supermarkets here.

The EU's Common Fisheries Policy (CFP), initiated in 1983, pooled marine resources – with Ireland having some of the richest grounds and one of the largest sea areas at the time, but only receiving four per cent of allocated catch by a quota system. A system known as the "Hague Preferences" did recognise the need to safeguard the particular needs of regions where local populations are especially dependent on fisheries and related activities. The State's Sea Fisheries Protection Authority, based in Clonakilty, Co Cork, works with the Naval Service on administering the EU CFP. The Department of Agriculture, Food and Marine and Department of Transport regulate licensing and training requirements, while the Marine Survey Office is responsible for the implementation of all national and international legislation in relation to safety of shipping and the prevention of pollution.

Yes, a range of certificates of competency are required for skippers and crew. Training is the remit of BIM, which runs two national fisheries colleges at Greencastle, Co Donegal and Castletownbere, Co Cork. There have been calls for the colleges to be incorporated into the third-level structure of education, with qualifications recognised as such.

Safety is always an issue, in spite of technological improvements, as fishing is a hazardous occupation and climate change is having its impact on the severity of storms at sea. Fishing skippers and crews are required to hold a number of certificates of competency, including safety and navigation, and wearing of personal flotation devices is a legal requirement. Accidents come under the remit of the Marine Casualty Investigation Board, and the Health and Safety Authority. The MCIB does not find fault or blame, but will make recommendations to the Minister for Transport to avoid a recurrence of incidents.

Fish are part of a marine ecosystem and an integral part of the marine food web. Changing climate is having a negative impact on the health of the oceans, and there have been more frequent reports of warmer water species being caught further and further north in Irish waters.

Brexit, Covid 19, EU policies and safety – Britain is a key market for Irish seafood, and 38 per cent of the Irish catch is taken from the waters around its coast. Ireland's top two species – mackerel and prawns - are 60 per cent and 40 per cent, respectively, dependent on British waters. Also, there are serious fears within the Irish industry about the impact of EU vessels, should they be expelled from British waters, opting to focus even more efforts on Ireland's rich marine resource. Covid-19 has forced closure of international seafood markets, with high value fish sold to restaurants taking a large hit. A temporary tie-up support scheme for whitefish vessels introduced for the summer of 2020 was condemned by industry organisations as "designed to fail".

Sources: Bord Iascaigh Mhara, Marine Institute, Department of Agriculture, Food and Marine, Department of Transport © Afloat 2020