Follows Tynwald rejection of £170 million offer
The chairman of the Steam Packet says the company is always prepared to talk to government over the future of sea services.
But he has told them the onus is now firmly on them.
Robert Quayle was speaking after Tynwald refused to back an offer which would included a pledge to invest of £170 million in a new fleet, facilities and fare initiatives for both passenger and freight customers.
It would also have seen the user agreement extended to 2042.
Mr Quayle confirmed the proposed deal has now been withdrawn: