A deal has been agreed for the purchase of the Prince's Half Tide Dock in Liverpool, to develop a new ferry terminal.
The Department of Infrastructure confirmed negotiations have been made with the owner Peel Land and Property Limited.
The Initial decision to buy the land was made by Tynwald in July 2016.
The new site is scheduled to open in 2021.
New NHS safety rule to be brought in on Island
A new NHS rule aimed at stopping conditions being misdiagnosed will be adopted on the Island.
Two city streets to shut for over six months
Two streets in the centre of Douglas will be partly closed for over sixth months.
Revamp of airport terminal planned, says DOI
The Department of Infrastructure says a series of improvements to the airport terminal have been planned for the next three years.
Four ferries now listed as cancelled today
The Steam Packet says it's cancelled a total of four sailings because of bad weather today, Saturday, April 4.
One weekend sailing cancelled, others at risk because of weather
The Steam Packet says it's cancelled its Saturday afternoon sailing because of bad weather.
Politician questions risk of Easter meningitis outbreak
Could the Island face a meningitis outbreak over Easter?
Firefighters tackle flat fire down South
The fire and rescue service dealt with a flat fire in Castletown earlier this afternoon
Weather warning for storm Dave this weekend
Ronaldsway Met office has issued a yellow weather warning for severe gales as storm Dave will hit the Island.
