The company provides freight, passenger and vehicle services between the Isle of Man Sea Terminal, in Douglas, Isle of Man, and five ports in the United Kingdom and Ireland.On May 8, 2018, it was announced that the Isle of Man Government intended to acquire the Steam Packet Company for £124 million. The Steam Packet Company owns the second linkspan, and thus controls a monopoly on roll-on-roll-off vehicle transport to and from the Isle of Man.In 2006, the company was under investigation by a select committee of Tynwald, the Isle of Man's parliament.One of the concerns of Tynwald is the annual published profit margins by the Isle of Man Steam Packet Company which, according to Hansard, are 36% - almost three times the industry standard for ferry companies throughout the world.Briefly the company then traded as the Isle of Man United Steam Packet, before assuming its present name in July 1832.By the turn of the 20th century, the company was serving numerous ports in England, Wales, Scotland and Ireland.Just to clarify, Early Adopters paid for the early adopter package not a subscription, but we are giving codes as thank you’s to our Early Adopters for all the support and feedback.(abbreviated to Io MSPCo.) (Manx: Sheshaght Phaggad Bree Ellan Vannin) is the oldest continuously operating passenger shipping company in the world, celebrating its 180th anniversary in 2010.
Mona's Isle (VI) was the Steam Packet Company's first stern loader in 1984-85.
There had been various shipping companies serving the Isle of Man before the formation of this company in 1830, but their crossings were irregular and vessels used were unreliable.
As a result the island could be cut off for weeks at a time.
During the First World War, eleven out of a total fleet of fifteen Steam Packet ships were requisitioned by the Admiralty.
Four of them were lost, three retained by the government and four returned to service.
Ben-my-Chree and Manxman also served as aircraft/seaplane carriers.