Channel Island shipper Huelin Renouf goes bust
21st August, 2013
Channel Island shipping company Huelin Renouf has stopped trading after urgent talks to save it failed.
In a statement on its website, the company said directors had taken the difficult decision to wind up the business after 80 years of trading.
Another major freight carrier, Condor Ferries, said it could adapt its fleet to offer the "lift-on lift-off" type of freight service Huelin Renouf operated.
"This sad news comes as a reminder that the markets struggle to accommodate more than one passenger and vehicle ferry provider, and more than one major freight ferry provider."
This news comes as, new to the Isle of Man scene, Ellan Vannin Line, are proposing to compete against the Isle of Man Steam Packet Company in both freight and passenger markets. This is despite the recent failure of the Liverpool - Isle of Man container service operate by Ramsey based Mezeron which folded due to lack of business.
