Tynwald members to be given more details on the proposal on Thursday
Tynwald members will be given more details about a potential multi-million pound takeover of the Steam Packet on Thursday.
Treasury Minister Alfred Cannan is hoping to get the green light from his peers next week to finalise a £124m deal.
CoMin is said to be in 'full support' of the proposed agreement - and a new fleet of vessels is something we're told has been factored in to negotiations.
Speaking on Mandate this morning, Mr Cannan pledged to 'refinance and restructure' the company:
Crime on the Island continues to fall while serious incidents create 'exceptional demand'
As heatwave heads our way, how do we stay safe in the sun?
Castletown Commissioners celebrating 130 years of Poulsom Park
Cost of a passport set to increase this summer
