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Historic company to be wound up


One of the Island’s most historic companies is to be wound up after 100 years.


The Ramsey Steamship Company is facing a pension bill of around a million pounds, which means it’ll be left with little working capital to continue trading.


The firm currently has two ships – the Ben Varrey and Ben Maye – and has been operating in the Irish Sea since 1913.


A spokesman says it’s hoped parts of the business, headquartered in Parliament Street in Ramsey, might be sold.


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