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Steam Packet acquisition has 'paid off', says new chair

Picture credit: Manx Radio

Government bought the company in 2018 

The Steam Packet Company's new chair says its acquisition by the government has given it the platform needed to keep serving the Island.

Dan Clague has spent most of his career providing corporate financial advise mainly in the shipping and ports industry.

Government bought the Company in 2018 in a move hoped to provide long-term stability to the ownership of the Island's lifeline ferry operations.

And Mr Clague believes that's exactly what it's done:

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