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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Storm Bram: Trees down amid widespread disruption
Footage shows large waves crashing onto coastal roads
Further adjournment for attempted murder accused
19-year-old is also charged with several other offences
Risk of overregulation ahead of Moneyval has led to 'friction'
Chief minister discusses response from business sector ahead of assessment
"Most" remaining MiCard users sign up for bank account payments
Minister says fewer than 100 may receive new cards after service switch-off
Storm Bram: Red weather warning to come into force later
We're told to expect 'severe' coastal overtopping this afternoon