The Isle of Man Steam Packet has bought cargo ship 'MV Arrow' for €9 million.
The company negotiated the purchase as part of a previous longstanding charter agreement.
Managing Director of the Steam Packet, Brian Thompson, says the MV Arrow has proven to be an 'extremely valuable back-up for our vital Island services.'
He adds that now they own the ship, it will continue providing service security for freight traffic, especially during events like TT.
Regulator wants you input on new gambling laws
The Island's gambling regulator is looking for feedback on new draft laws.
From hods to hackers - free event focuses on construction cybercrime
A free event's being held next week to discuss the alarming rise in cyberattacks targeting construction companies.
Career advice on offer at the Villa Marina today
There's a chance to meet more than 50 employers today at the Island's largest career event.
Huge careers fair gets underway this week
The Island's Young Adult and Graduate Fair is taking place this week.
Hovercarting business removed from company register
A hover go-karting company has been removed from the Island's register.
AI top of Info Commissioner strategy
Two burgeoning technologies will form part of the Information Commissioner Office's annual strategy.
Local TV company brings back live racing broadcast
A local TV company has relaunched a popular broadcast service for motorcycle road races.
Island's Spar shops join rewards scheme
A chain of convenience stores says it's bringing a new reward scheme to the Island.
