#ManxCargo - Ramsey Steamship Company's chairman has expressed his sadness that the historical business could face closure in its centenary year.
The 100-year-old freight, engineering and agency company faces going into liquidation due to its share of a multibillion pound black hole in an industry-wide pension fund.
Chairman Ramsey Cringle served as a captain for the Parliament Street-based company in the 1970s, and has been a director for 26 years. For more on this story The IOMToday reports.
Afloat.ie adds that the company based in Ramsey located on the north-east of the island operates two small coasters which are a familiar sight particularly in northern Irish Sea ports.
The coasters are the Ben Varrey (1986/997grt) and elder fleetmate Ben Maye (1979/548grt). They may be small sized vessels but they represent character compared to modern day counterparts.