Vessel was in the process of being broken up
Coastguard teams were called out in Peel this morning (27 March) to reports of a sunken fishing boat.
The derelict vessel was in the process of being broken up, with contractors seen working on it yesterday.
Crew members confirmed once on scene, a boom was deployed around the vessel to prevent further debris spreading in the water.
It's hoped the boat will be successfully refloated later today.
Ship Registry suggests Manxman 'design flaw'
Switch from oil to water lubricated bearing under spotlight
Drop in visitor numbers over winter 'does the damage' for hotels
Hotel boss says lack of domestic tourism puts Manx businesses at a disadvantage compared to UK counterparts
Isle of Man 'must have enough hotel rooms' says MHK
Political member for DfE says it's vital not to lose accommodation
Vehicle comes to rest in ditch near Round Table
Emergency services attended the incident this morning
