Isle of Man based shipping firm Dohle (IOM) Ltd has signed a $1.36 billion dollar shipbuilding contract, the largest of its kind in the company's history.
It's with Korea's Samsung Heavy Industries to build four megacarriers, with the option of four more.
The 366 metre long vessels will be delivered in 2011.
Traders on Michael Street feel 'abandoned' by politicians in tough times
So what needs to happen to regenerate Peel's high street?
Work underway to 'get confidence back in the economy'
Chief minister says concern over finances based on 'more sentiment than actual evidence'
Energy and food security "two most important things", says MHK
Douglas North's John Wannenburgh believes these are the two main components that will determine the Island's survival
Gatwick drop-off fee rises again
Heads up for Manx air passengers travelling to London
