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
Amber weather warning issued as Storm Boelo approaches
Severe gales expected over the weekend
Reducing waiting lists 'benefits government finances'
Health minister says getting people back to work sooner increases tax income
Weather warning remains in force as Storm Austen arrives
Sandbags available as heavy rain warning is in place until 3pm
Jury continuing deliberations in murder trial
16-year-old boy standing trial at Douglas Courthouse
