Menu

Ireland's sailing, boating & maritime magazine

Displaying items by tag: Announce Acquisition

#FerryNews - In an announcement today, the Manx Government has plans to acquire the Isle of Man Steam Packet Company (IoMSPC) for £124m.

If approved by Tynwald later this month, BBC News writes the deal would see the government commit to purchase 100% of MIOM Ltd, the IoMSPC's parent company.

Chief Minister Howard Quayle said: "Acquiring the national asset is a once-in-a-generation opportunity."

The IoMSPC provides freight, passenger and vehicle services between Douglas and five ports in the UK and Ireland.

The government has been considering its options since rejecting the company's revised offer of a new strategic sea services agreement in July 2017.

It had proposed to invest £170m in services - including spending £65m on two "state-of-the-art" ships - had its contract been extended.

Treasury Minister Alfred Cannan said: "The deal would immediately bring ferry operations into public ownership but government would not take over the day-to-day running of services."

He said government could "put in place a new agreement within 12 months" if the deal goes ahead.

For more on this story, click here. 

Published in Ferry

The Irish National Sailing and Powerboat School is based on Dun Laoghaire's West Pier on Dublin Bay and in the heart of Ireland's marine leisure capital.

Whether you are looking at beginners start sailing course, a junior course or something more advanced in yacht racing, the INSS prides itself in being able to provide it as Ireland's largest sailing school.

Since its establishment in 1978, INSS says it has provided sailing and powerboat training to approximately 170,000 trainees. The school has a team of full-time instructors and they operate all year round. Lead by the father and son team of Alistair and Kenneth Rumball, the school has a great passion for the sport of sailing and boating and it enjoys nothing more than introducing it to beginners for the first time. 

Programmes include:

  • Shorebased Courses, including VHF, First Aid, Navigation
  • Powerboat Courses
  • Junior Sailing
  • Schools and College Sailing
  • Adult Dinghy and Yacht Training
  • Corporate Sailing & Events

History of the INSS

Set up by Alistair Rumball in 1978, the sailing school had very humble beginnings, with the original clubhouse situated on the first floor of what is now a charity shop on Dun Laoghaire's main street. Through the late 1970s and 1980s, the business began to establish a foothold, and Alistair's late brother Arthur set up the chandler Viking Marine during this period, which he ran until selling on to its present owners in 1999.

In 1991, the Irish National Sailing School relocated to its current premises at the foot of the West Pier. Throughout the 1990s the business continued to build on its reputation and became the training institution of choice for budding sailors. The 2000s saw the business break barriers - firstly by introducing more people to the water than any other organisation, and secondly pioneering low-cost course fees, thereby rubbishing the assertion that sailing is an expensive sport.