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.
Nephew/son wins payout after taking family business to tribunal
A Nigerian man who took his family to an employment tribunal has been awarded £941 because he wasn't given payslips.
Government announces £1.2 million border force
Chief Minister Alf Cannan says £1.2 million has been set aside to set up a new border division in government.
Assisted dying laws passed by Tynwald - again
The Island's assisted dying laws have been voted through by Tynwald.
Phone box turns guide at government House
The Island's Lieutenant Governor will host a reception to celebrate putting a special gift to good use.
Church needs registered building consent for pointing work
A church in Onchan has applied for permission to carry out repairs to stop damp getting into the building.
Island planning new vape fluid tax
The government has launched a consultation about taxing Island businesses that make or import vaping fluid from outside the UK.
Nearly £341k written off in overpaid benefits
The Treasury has written off almost £341,000 in overpaid benefits in the last three years.
MHK tables barrage of questions about planned windfarm
An MHK in the south of the Island has asked a series of questions for written reply about a proposed onshore windfarm.
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