Although the company ended Hovercraft service, they still retained ownership of the remaining 2 SRN 4 until 2006 when they were sold to Wensley Haydon-Baillie.
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For her last two seasons in Hoverspeed service she wore a distinctive Union Flag livery in an attempt to show how British Hoverspeed were, Diamant was built in Australia, owned by a Bermuda registered company and the vessel itself was registered in Nassau, Bahamas and later moved to the Italian Registry as Seacat Diamant.
Seacat Scotland transferred to the Hoverspeed Dover – Calais route which she operated with Seacat Danmark and Seacat France.
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Before commencing service on the North Channel she briefly operated on the Dover to Calais route for Hoverspeed.
The ship's previous names were: Hoverspeed Great Britain (1990–2004), Emeraude GB (2004–2005), and Speedrunner 1 (2005–2008) when she sailed the Mediterranean Sea for Sea Containers Ltd and Aegean Speed Lines.