A deal has been agreed for the purchase of the Prince's Half Tide Dock in Liverpool, to develop a new ferry terminal.
The Department of Infrastructure confirmed negotiations have been made with the owner Peel Land and Property Limited.
The Initial decision to buy the land was made by Tynwald in July 2016.
The new site is scheduled to open in 2021.
Tin bath race entries open!
Entries are open for one of the Island's most unusual sporting events.
Make our staff grate again, says charity!
An Island animal charity is asking people not to feed treats directly to its residents.
DEFA planning upgrades to Archallagan after timber harvesting
The Department of Environment, Food and Agriculture says timber harvesting at an Island plantation will continue for the next three months.
Castletown commissioners disavow Market Square reopening
Castletown commissioners say they won't be responsible for any incidents should the government reopen the town square.
Bad weather delays TT roadworks
Two sets of roadworks near the TT course have been rescheduled by the Department of Infrastructure.
MHK asks about government's MOT progress
Infrastructure Minister Michelle Haywood says MOTs aren't being considered by the government.
New dog byelaws for Jurby?
Jurby Commissioners say they want your opinions on new byelaws about dogs in the parish.
Half of entrepreneur immigrants turned down, says department
The Department for Enterprise says almost half of business immigrants asking for its backing are turned down.
