The government looks set to buy the Steam Packet Company in a deal worth £124 million.
Treasury Minister Alf Cannan will present the plan to members in a briefing later today.
His proposal would have to be put before Tynwald for approval before the deal goes through.
It's expected to be on this month's order paper for Tynwald members to discuss.
YouTube channel features Island's hand dryers
If you've ever wondered about the best hand dryers in the Island's toilets, a new YouTube channel can help!
Snow and ice warning for Mountain Road
The Mountain Road could see snow and ice overnight, according to the latest weather warning.
No plans for self-driving car laws, says minister
The Isle of Man won't be getting self-driving cars soon.
Pulrose 'Escobar' to spend more than 15 years in prison
A Pulrose woman nicknamed 'Escobar' for her part in drug-smuggling operations has been jailed for 15 and a half years.
Two Manxman sailings cancelled
The Steam Packet says two sailings overnight have been called off.
Children 'left at risk' after new law adjourned by MHKs
Rushen MHK Michelle Haywood says she's disappointed laws to protect people using medical facilities won't be brought in before this year's election.
Commissioners issue plea to dog owners over fouling
Garff commissioners say they're getting growing numbers of dog fouling reports as spring approaches.
Section of TT course to shut for this weekend
A famous stretch of the TT course will be closed this weekend.
