SS Ellan Vannin (1854) the £14,000 reputed to have been available in 1856) a sum which the directors and shareholders present would not accept. Again the "Ellan Vannin" resumed revenue service whilst further attempts were made to find a buyer. The "Ellan Vannin's" final excursion took her across to the coast lines of County Louth and County Down via Carlingford Lough on 25 June, before she left the Isle of Man for good. Finally the Directors of the Castletown Steam Navigation Company (by now in serious financial difficulties) managed to find a buyer. "Ellan Vannin" was sold to Cunard & Wilson who were acting
SS Ellan Vannin (1854) management of the "Ellan Vannin" and for his part in the establishment of the company. However, by the end of 1856 the Castletown Steam Navigation Company were starting to make a loss. At their third Annual General Meeting held at the town hall, Castletown on Wednesday 17 December 1856, it was disclosed that for the previous two months the company had sustained a weekly loss of £12 (equivalent to £ in ) resulting in a total loss of £100 (equivalent to £ in ). One of the directors reported that they had received several offers from a company in Dublin