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Displaying items by tag: To Buy Liverpool Site

#LiverpoolTerminal - The Isle of Government, Tynwald has voted to acquire a site in Liverpool for a new ferry terminal writes IOM Today.

The Manx Government are also to continue talks with the island's sole operator, the Isle of Man Steam Packet over a new sea services deal.

But following a raft of amendments, and amendments of amendments, the near-four hour debate ended in farce as it became clear that the court was not sure what it had voted for.

New Tynwald president Steve Rodan remarked: ‘You can look up in Hansard what we have just voted on if you are unclear!’

During the debate, the Steam Packet was criticised for its ‘threats and blackmail tactics’ and its motive in pursuing an early deal questioned, with a number of MHKs claiming a distressed fund manager called Anchorage which has a 31 per cent shareholding was just after making a quick profit.

There was no such questioning of the role of the Peel Group from whom a 236-year lease on Princes Half Tide Dock is to be purchased for a new ferry terminal for a price of up to £3.5m.

Indeed all Tynwald members appeared to support the move to buy the site despite no clear explanation being given as to why the taxpayer is to get involved at all, given that Peel had originally indicated it would fund the facility in its entirety – if it could get a guarantee of long-term commitment to the route.

Infrastructure Minister Phil Gawne said it was ‘an opportunity we would not want to miss’. He said any agreement to buy the site would provide for it to be returned to the owner at no cost to government if the development didn’t subsequently go ahead.

Leonard Singer (Ramsey) said the purchase of the site would mean we would control both ends of the route.

There will be an open tender for the design and build contract for the ferry terminal, the £25m cost funded by the developer. The DoI report says no work would begin ‘until a suitable agreement has been reached for its long-term use by IOMSPCo’.

The IOM Today has much more on the story here.

Published in Ferry

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