Figures revealed in Tynwald this morning
The Department of Infrastructure has confirmed the Liverpool Ferry Terminal is costing the public purse more than £710,000 each year.
That figure is expected to rise with inflation, while additional service charges are forecast to increase in line with UK RPI.
Part of the annual cost includes a contingency fund for unforeseen circumstances.
Departmental member Lawrie Hooper says a lease agreement has still not been finalised:
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28% reduction in violent crime linked to drugs
Motorists urged to slow down on resurfaced roads
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Island starts introduction of digital immigration products
From July status will be recorded digitally
Ratepayers urged to join conversation over NCAS
Bride Commissioners hosting 'open session'
Firefighters raise £2.7K by completing 'Station to Summit' endeavor
'Casualty' transported up North Barrule for charity