Event replaces the Traditional Boat Weekend
It's hoped a new boating festival in Peel will be able to fill the gap left by the Traditional Boat Weekend.
The event finished last year after running since 1990.
It's being replaced by Peel Sea Fest which will run from 26-28 July.
Commodore Roger Cave is from Peel Sailing Club:
Manxman repairs expected to exceed £2.5m
The Steam Packet's flagship has been out of action since July
Treasury Minister: Taxpayer footing Manxman repair bill
Steam Packet has previously said it would be paying
Island's youngest ever MHK says he has 'a lot to prove'
Eighteen-year-old Daniel Davison elected in Glenfaba and Peel
"Clearly I'm a candidate" for chief minister - Chris Thomas
Douglas Central MHK re-elected for the fourth time