The chairman of the Steam Packet says the company is now on a sounder financial footing after significantly reducing its debt.
That debt stood in the region of £220 million three years ago.
But after a year of negotiations with its syndicate of lenders, Robert Quayle says the company can now plan for the future with confidence.
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Ballabeg man declares intention to stand in 2026 general election
Government 'might not be targeting the right people' to move to the Island, says MHK
Almost 800 people have had their visa curtailed in the past three years