The company behind plans for a 400-berth yacht marina in Ramsey says it could provide 24/7 access in almost all weather conditions.
Ramsey Marina Ltd. also claim it would be different to the marinas in Douglas and Peel as it wouldn't have any tidal restrictions, lock gates or sills.
According to the organisation the project, if approved, is estimated to cost around £100million, with 50 per cent of funds coming from property sales and the other half to be raised from the private sector.
The project also includes the creation of 200 residential units - which would be in keeping with the Ramsey Urban Conservation Zone.
Two more schemes backed by government fund
Island to get Bikesafe scheme for first time
Jurby Junk's Stella dies aged 90
No plans to publish UK's assisted dying letters
Burst water main disrupts Onchan supply
Government advice following spike in data breaches
Plans for four-foot flood walls at Ramsey harbour
Garage blaze in the early hours of this morning