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.
Deposits are biggest barrier to getting on property ladder
Manx residents have told a survey about barriers to first-time buyers getting on the property ladder the biggest difficulties are financial.
Vegan beauty salon up for sale
The owners of the Island's first vegan beauty salon say they're selling up.
Committee says more housing needed for young people
A Tynwald committee says the government needs to provide more housing for young people who can't find private rental accommodation.
Half of broken defibs now working
The Island's ambulance service says half of the Island's defibrillators which had been out of order are now working again.
Cider microbrewery planned for Ballasalla
Ballasalla could be getting a new microbrewery, if planners give the go-ahead.
Covid wrongful arrest and torture claims thrown out by court
A man suing the chief constable and attorney general over his arrest and acquittal over an alleged Covid gathering on Laxey beach has seen 22 of his claims thrown out by a court.
Tree fellers to close part of TT course on Thursday
A section of the TT course will close for much of tomorrow while trees are felled.
Manx Utilities wants contractors for HQ refurb
Manx Utilities says it's looking for contractors as it prepares to refurbish its headquarters.
