The chairman of the Steam Packet says the company is now on a sounder financial footing after significantly reducing its debt.
That debt stood in the region of £220 million three years ago.
But after a year of negotiations with its syndicate of lenders, Robert Quayle says the company can now plan for the future with confidence.
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More than 500 Isle of Man Energy customers overcharged for VAT
It's charged 2% of its domestic customers the standard rate instead of the reduced one
Police working with schools to teach children about the dangers of social media
It's after the popularity of the TV series 'Adolescence'
Drivers turning in Douglas Fire Station forecourt leads to 'near misses'
Fire service says staff have nearly been hit on a number of occasions
Isle of Man Government ‘closely monitoring’ impact of US trade tariffs
Government assessing risks as 10% levy on goods prompts concern
'Angel of Ronaldsway' could be installed at the Manx Aviation and Military Museum
Planning application also includes a display with the nose of a retired aircraft