Red Funnel has signed a contract with Wight Shipyard Ltd to carry out the work at The Columbine in East Cowes, marking the first time the vessel has been refitted on the Island since it was built by FBM Marine.
Discussions are already underway and if elected in the May elections, the Island Independents say they'll use agreed £200m borrowing and will "seek to participate with partners to acquire this vital route to the Island, for the Island".
The council leader sets out his concerns over the Island Independent announcement that they would invest council money in a slice of Red Funnel should they get back into power in May.
A year-long study of the the Isle of Wight's transport infrastructure, including the train line, bus service, ferries, the Medina River link and more. OnTheWight has the details of the Task Force recommendations.
The new Isle of Wight MP states that today's TITF report "provides evidence that the firms’ shareholders have been prioritised over the needs of Islanders."