The wreck of the Solway Harvester will begin to be demolished today.
The vessel will be broken up by the Laxey Towing Company which was awarded the tender for the job.
Seven fishermen from Galloway in Scotland were killed after the scallop dredger sank in January 2000.
Since then the boat has remained in Manx waters while it was decided if legal proceedings should be brought.
Infrastructure Minister David Cretney says it is the end of a chapter:
Buchan School could become 85 homes under new plans
A former school in Castletown could become a new 85-home housing estate under a new planning application.
Flood defence plans scrapped after five planning objections
Infrastructure Minister Tim Crookall says his department changed its mind about flood defences for Ramsey after five comments on a planning application.
TT food van needed for trackside car park
The Department of Infrastructure says it's looking for someone to feed hungry TT fans during this year's festival.
Northern roadworks to hinge on Mountain Road reopening
The Department of Infrastructure says it won't close two parts of the TT course outside Ramsey at the same time.
Beer festival to return this week
One of the Island's most popular events gets underway this weekend.
Dublin to sign friendship agreement with Douglas in summer
Douglas Council says it's ready to sign a friendship and co-operation agreement with Dublin.
Total of 35 properties on council's dilapidated list
Douglas Council says it has 35 properties on a dilapidation blacklist.
Equipment being sold off from popular former bar
There's a chance to own a piece of a well-known bar which shut its doors last year.
