The Managing Director of the Steam Packet has sent a letter of re-assurance to customers after the takeover this week by Macquarie.

Hamish Ross describes the Australian Bank as " a responsible, committed, long term investor with a track record in successfully managing essential service infrastructure businesses".

Mr Ross says the ferry firm " fully understands and appreciates the importance of their services to the Island and its people"

He goes on to say there will be little change evident in the way " we do business with you".
And once again Mr Ross underlines that the name will be kept.