Peel Land and Property Limited has agreed a deal with the Isle of Man government to build a new ferry terminal at Liverpool’s Princess Half Tide Dock that will service the two locations. The new terminal will make the Liverpool to Isle of Man journey a quicker, more pleasant and more organised experienced for travellers and businesses.
Due to be completed in 2021 and at a cost of £30 million, the new terminal will be the next exciting stage in the revamp and regeneration of Liverpool’s waterfront. Although the plans for the long-term leasehold are awaiting final approval from Tynwald, the Isle of Man’s governing legislature, and the planning application is to be submitted to Liverpool City Council, they are expected to be rubber stamped in the coming months. Tynwald purchased the Isle of Man Steam Packet Company for £128 million in May 2018. As a result, the Isle of Man government now retains complete control of its sea links to the UK mainland.