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.
Ramsey looking for four new commissioners
There's two weeks left for nominations if you want to stand as a commissioner in Ramsey.
Strang Stores applies for extension permission
One of the Island's best known breakfast bap shops could be getting an upgrade.
Tynwald petition advice is free - but you'll need to act soon!
Is there something you'd like to ask the government to do?
Midnight closing for new Indian restaurant in Castletown?
Castletown could be getting a late-night Indian restaurant.
Tynwald to hear about Ramsey hospital reopening
An MHK will press Health and Social Care Minister Claire Christian over Ramsey Cottage Hospital next week.
Superdrug to open beauty salon in summer
Superdrug in Douglas has unveiled a range of new services - including nails and lashes.
MHK to query regulation for funeral directors
Do the Island's funeral directors need to be regulated?
Road closures announced for Sprintfest - but no Ramsey Sprint again?
A series of road closures have been announced for this year's Ramsey Sprintfest, but it looks as though there'll be no Ramsey Sprint for the second year running.
