Vessels rated as good
The Manx Government will complete the deal to acquire the Isle of Man Steam Packet Company this week.
£48.3 million will be used to buy the parent company MIOM Limited and £76 million will be provided as a loan to the Steam Packet.
The current condition of the vessels has been assessed by shipping surveyors and consultants Braemar as part of due diligence.
The Ben-my-Chree and Manannan were rated as good and scored 5 out of 7 on a sliding scale from unsatisfactory to excellent.
Taxi fares on the Island to rise
Weather causes changes to today's sailing schedule
Kewaigue closure in place this weekend for manhole replacement
New Captain of the Parish of Arbory appointed
