#ServiceAgreement - The Isle of Man Steam Packet Company has presented an ‘offer’ to the Manx Government for a new strategic sea services agreement to replace the user agreement.

The IOM Today writes that last summer the government issued an ultimatum to the Steam Packet – make us a ‘significantly enhanced’ offer or ferry services will be put out to competition.

Now the ferry operator’s chief executive, Mark Woodward, has confirmed an offer has been made which he hoped Tynwald will get the chance to support in the next few months.

The company has not yet disclosed details of the ‘offer’ but Mr Woodward told the Courier it will be made public and that it will involve investment in new ships.

Welcoming the appointment of Vision Nine as the new promoter for the TT and Classic TT, Mr Woodward said the offer to government would ‘help address the crucial issue of visitor capacity’.

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