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.
Clip 1
Several people taken to hospital as precautionary measure after Cronk-y-Berry house fire
An electrical fault has been blamed for the blaze
Ketamine 'becoming a problem' on the Isle of Man
Deemster's comments come during Douglas man's sentencing
Announcement on plans for NHS levy due in October
Treasury minister to feedback results of public consultation
Important for Island to invest in 'national asset' footpaths
Sarah Maltby called for Treasury to include Public Rights of Way in 2026 Budget
Road closures in place for Peel Carnival
Stanley Road and Walpole Road will also become two-way throughout