News

Incat to Isle of Man

From Lloyd’s List (www.lloydslist.com)

UK operator, Isle of Man Steam Packet, has reached an agreement to buy a large fast ferry for the Liverpool to Douglas route with a total project cost of nearly £20m ($39m). The Incat 050 will replace Isle of Man Steam Packet’s existing fast craft Viking. The 96 m Australian catamaran was built in 1998 and has been chartered to the US military in recent years, which means it has considerably fewer hours of service than comparable vessels of similar age. After an extensive refurbishment the vessel will enter service in summer 2009.