New vessel to replace Ben my Chree in 2023
Construction has started on the Island's new flagship ferry.
Work is underway in South Korea on the Manxman, which is due to replace the Ben-my-Chree in 2023.
The vessel will be able to carry 949 passengers and have additional space for freight and vehicles.
Officials from the Steam Packet Company were at the milestone event - known as the steel cutting ceremony - in Ulsan today, where a formal pushing of the button took place to mark the first piece of steel being cut.
Managing Director Brian Thomson explained what today's steel cutting ceremony involves:
Working hard 'no longer enough to afford to buy a home'
Treasury writes off £340,000 in benefits overpayments in three years
Manxman to return to service following repairs
Discussions ongoing over meningitis B vaccine rollout