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Steam Packet buys MV arrow for €9m

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.

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