'Massive debt' real reason for Steam Packet problems

Mon, 15 Nov 2010

Employees of the Steam Packet company and the Nautilus Union will protest outside Tynwald tomorrow to try and force an Emergency debate on the troubled ferry company.

The Chief officer of the Ben My Chree, Chris Bowen is heading a group of workers to lobby government to step in to safeguard jobs and services before it's too late.

Energy FM news spoke with MLC Juan Turner earlier today, who tells us the real reason for the companies problems is the massive debt taken when the company was bought.