It's expected the Manannan will be replaced by a new fast craft in 2030.
That's according to the Steam Packet's business plan for 2024.
It also shows that almost £2m will have been spent on refurbishing the Manannan, despite having a previous budget of £250,000.
The company also plans to spend £370,000 on work to its booking system and development of a mobile app.
Appeal launched after fly-tipper filmed dumping rubbish
Arbory and Rushen Commissioners are appealing to the public to help identify a fly-tipper.
Prepare your pets for Bonfire Night, says Manx charity
A local animal charity is sharing advice on how to keep pets safe and calm this fireworks night.
Manx Care bringing in mobile translation machine
Manx Care's introducing a new translation machine which it calls an 'interpreter on wheels'.
Steam Packet says it would get too many Freedom of Information requests
The Steam Packet company says it's worried about how many Freedom of Information requests it would get, if it had to answer them in future.
Vintage TT trophies on sale for £5,000
Vintage TT trophies are being sold on Ebay for £5,000 each.
TT merchandise company still owes government over £100k
A failed TT merchandise company still owes the government a total of £124,273.
Manx Care's annual assessment shows £15.6m deficit
The Department of Health and Social Care's published its assessment of how Manx Care performed this year.
House of Keys to sit this morning
The House of Keys is due to sit this morning with 22 questions on the order paper.
