Displaying items by tag: Manx Cargo shipping

30th July 2013

Manx Cargoship Company Could Face Closure

#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.

Published in Ports & Shipping

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Shannon Foynes Port Information

Shannon Foynes Port (SFPC) are investing in an unprecedented expansion at its general cargo terminal, Foynes, adding over two-thirds the size of its existing area. In the latest phase of a €64 million investment programme, SFPC is investing over €20 million in enabling works alone to convert 83 acres on the east side of the existing port into a landbank for marine-related industry, port-centric logistics and associated infrastructure. The project, which will be developed on a phased basis over the next five years, will require the biggest infrastructure works programme ever undertaken at the port, with the entire 83 acre landbank having to be raised by 4.4 metres. The programme will also require the provision of new internal roads and multiple bridge access as well as roundabout access.