The government will buy the Steam Packet Company.
Tynwald debated the issue this afternoon, which saw Treasury Minister Alf Cannan present the proposed deal to members.
The motion passed with the majority of members voting in favour, only Douglas South MHK Kate Beecroft voted against the purchase.
The move is expected to cost £124 million.
Teen admits to possessing ecstasy and almost £10,000 cash
A teenager has admitted having 30 ecstasy tablets and almost £10,000 in cash.
Manx SPCA unveil critter-themed TT merchandise
An animal charity has unveiled a line of TT merchandise to raise money during the motorsport festival.
Brownfield sites to be discussed at public meeting
Liberal Vannin will hear about an organisation that hopes to encourage development on brownfield sites.
Wasps going on in Pulrose
People are being warned to steer clear of a giant swarm of wasps in Douglas.
Port Erin Tesco opens on Thursday
A supermarket in Port Erin will reopen under its new owners this week.
Deal Or No Deal presenter on the Island
Former radio and TV presenter Noel Edmonds has been spotted on the Island.
Commissioners ‘lamppost gate’ complaint maladministration
The Tynwald Commissioner for Administration has ruled Ramsey Commissioners taking too long to reply to a complaint as ‘maladministration’.
Mobile library adds Laxey to its route map
A new stop has been added to a mobile library's bus route.
