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Steam Packet welcomes end of OFT investigation

Sat, 13 Aug 2011

The Steam Packet Company has welcomed a decision by the Isle of Man Office of Fair trading not to publish a report into its prices.

The ferry operator says investigations into its affairs over recent years have taken up a considerable amount of the Company's resources, preventing it from focusing on its services.

Yesterday, the OFT announced that it wouldn't publish a report as a number of recent changes at the Steam Packet made its findings irrelevant.

Those changes include selling off the Snaefell vessel and a change of ownership.

Chief Officer at the OFT Paul Gelling says there's no point finishing the investigation now [play clip]

 

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• Paul Gelling