SS Ellan Vannin (1854) via Peel and onwards to the north of Ireland. It would appear that the vessel was being utilised to her maximum. Sailings to Whitehaven and Liverpool were maintained whilst sailings to Glasgow and from Liverpool to Dundrum via the Isle of Man were introduced. However it would seem that the company continued to sustain losses over the winter of 1857-58, and by March 1858 it had been decided to put the "Ellan Vannin" up for sale by public auction. She was sailed to Trafalgar Dock, Liverpool on 6 March, where she was laid up awaiting sale. She was offered for
SS Ellan Vannin (1854) as agents for the Sardinian Government for £4,070. (equivalent to £ in ) Upon purchase "Ellan Vannin's" name was changed to "Archimedes". The Castletown Steam Navigation Company subsequently went into liquidation. A further call on the shareholders of 10 shillings per share was made in order to finally clear the liabilities incurred by the "Ellan Vannin" for final claims of £600 (equivalent to £ in ). On the night of Tuesday 2 September 1856, whilst under the command of Capt. Skillicorn, the "Ellan Vannin" was involved in an incident in Douglas Bay with a small fishing boat which resulted in