The government will buy the Steam Packet Company.
Tynwald debated the issue this afternoon, which saw Treasury Minister Alf Cannan present the proposed deal to members.
The motion passed with the majority of members voting in favour, only Douglas South MHK Kate Beecroft voted against the purchase.
The move is expected to cost £124 million.
Council announces final dates for garden waste collection
Douglas Council has announced the last dates it'll collect garden waste this year.
Manx Utilities hopes sewer cleaning means end of odour problems
Manx Utilities says it hopes the completion of cleaning works will mark the end of sewage odours on an estate in the West of the Island.
What's being done to tackle crash blackspots?
What's being done to tackle accident blackspots on the Island's roads?
New TT schedule will be reviewed on yearly basis
The new TT schedule will be reviewed each year as part of an existing procedure, according to the enterprise minister.
No successful driving theory test appeals in past 10 years
No one has successfully appealed the result of a driving theory test in the past 10 years.
Steam Packet announces tomorrow morning's sailings will go on time
The Steam Packet's announced the Manxman's sailings tomorrow morning, Friday, October 31 will depart as scheduled, having previously been in doubt.
Firefighter to raise money by wearing full gear in fitness competition
An Island firefighter will be taking part in a fitness competition whilst wearing full gear, including breathing apparatus and oxygen tank.
How much has the Department of Infrastructure claimed for property damage?
How many times has the Department of Infrastructure claimed money from others for property damage?
