A return to profit for the Isle of Man Steam Packet Company has been recorded for the first time in three years.

The ferry operator currently with a fleet of four, which became owned by the Manx government in 2018, made an £11m profit in 2022, following a £3.2m loss the previous year.

The double digit profit figure represents a significant upturn in the Steam-Packet's fortunes, which at the peak of the Covid-19 pandemic in 2020, saw a loss of more than £10.5m.

Such losses had stemmed from border closures during the pandemic. In addition the need to provide freight services so to enable essential lifeline supplies during that period.

It is now almost 17 months since the remaining Covid restrictions were lifted on 1 April 2022.

BBC News has more on the Steam Packet's directors' report and including in the same year when the company acquired the relief ro-ro freight vessel MV Arrow for about £8m.