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    New shipping venture could mean rise in fares

    A new shipping line which could rival the Steam Packet Company is bad news for the Island and could mean a rise in fares.

    That’s according to the company's chairman who has admitted he has concerns over the Ellan Vannin Line’s plans.

    The new company has announced proposals to set up a freight and passenger service between the Isle of Man, the UK and Ireland starting in the spring.

    It’s not the first time the Steam Packet has faced competition – two years ago Mezeron launched a rival freight service.

    Robert Quayle says the freight revenue ensures better rates for passengers:

    (PLAY AUDIO ABOVE)

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