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Displaying items by tag: Rival Plans Takeover

#FerryNews - A shipping line that was set up by a businessman as a planned rival to the Isle of Man Steam Packet has poured scorn over the Manx government’s takeover plan.

As IOM Today reports, Kurt Buchholz founded the Ellan Vannin Line in 2013 in an attempt to launch a roll-on, roll-off daily cargo service between Douglas and Heysham.

But without government support, and no ship, it never got off the ground. He stood as a House of Keys candidate in Douglas Central in the 2016 general election.

Reacting to the announcement of the government's planned £124m deal to buy the Steam Packet, he said: ’The Steam Packet ships are close to scrap value with their age, about £15m.

For more on the story, click here.

Published in Ferry

About J Class Yachts

The J Class has its roots in the oldest sporting race in the world, The America’s Cup.

The founding of the J Class Association (JCA) in 2000 to protect the interests of the Class, present and future, accelerated a real revival. 

Class Rules were established for the construction of replica rebuilds from original plans and several replicas and original designs were subsequently built. 

The class, which today comprises nine boats, now has an annual calendar highlighted by the Caribbean and Mediterranean sailing seasons.