It's expected the Manannan will be replaced by a new fast craft in 2030.
That's according to the Steam Packet's business plan for 2024.
It also shows that almost £2m will have been spent on refurbishing the Manannan, despite having a previous budget of £250,000.
The company also plans to spend £370,000 on work to its booking system and development of a mobile app.
Gov't advertises for £150k public heath director
The government is advertising for a new public health boss.
Bus sex assault accused in court
A man's appeared in court accused of sexually assaulting a young woman and following her to work.
Manannan engine repairs complete
The Steam Packet Company says the Manannan's back to her normal scheduled sailing times.
Police hunt Peel hit-and-run motorist
Police are hunting for a driver who hit a car in Peel but didn't stop - defying a one-way system as they drove off.
TT 2025 bookings on sale next week
With 10 days to go until this year's TT, the Steam Packet Company says tickets for next year go on sale on Monday.
Manx mothers invited to midwifery event next week
An event is happening next week in celebration of Manx midwives.
Noel has Late Late Breakfast in Peel
Another business has posted photos of its close encounter with former Top of the Pops presenter Noel Edmonds.
Online petition launched to save Peel sailing club
An online petition has been set up to save Peel Sailing and Cruising Club.
