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:
13 arrested in drink-drive campaign
Police are reminding people not to drink or do drugs before getting behind the wheel this Christmas.
Laxey road shut until January
A road in Laxey has closed for work - and will reopen at the end of next month.
Former Motor Museum goes on the market
If you ever wanted to own your own motor museum on the TT course, now's your chance!
No Onchan Park plan, say commissioners
There'll be no new overall plan for Onchan Pleasure Park - but individual improvements will go ahead.
Laxey campsite to get campervan improvements
Garff Commissioners are considering expanding campervan facilities at Laxey campsite.
Local authority: don't suffer in silence at Xmas
Commissioners in the south of the Island say you needn't suffer in silence if you're struggling financially this Christmas.
Government reminder over salt bins
Have you passed the salt without noticing?
Weather warning in place for high tides
A yellow weather warning remains in place until the early hours of tomorrow morning.
