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:
Sailings altered as 'ongoing dredging issues' lead to 'insufficient water depths in Douglas port'
Steam Packet makes changes to Manxman's timetable over the coming days
Manx Care asks all GPs to formally adopt Jess's Rule
Follows MHK's question in the House of Keys
Government 'taking rising fuel prices seriously'
Chief minister gives update in the House of Keys
Motion to sell Old Castletown Police Station to be put before Tynwald
The Baillie Scott building's been owned by Manx National Heritage since 2018
