Red Jet 7 will be built at East Cowes, securing 85 jobs there - and will join the fleet next summer.
Big Clean Up In Southampton
After the rubbish mountains last year due to the bin strikes, Southampton City Council is spending £100k on a deep clean.
Southampton City Council has announced that we will have a city wide council clean up of Southampton, in order to get the streets looking spick and span after last Summer's bin strikes.
Dozens of young people will also be given the chance to join in the cleaning operation in order gain to work experience.
The £100,000 clean up will take place over several weeks and is being funded from a VAT tax rebate that the council has recently received from HMRC for commercial waste collections in the past.
In his blog, Councillor Jeremy Moulton says: "This is great news for Southampton and the clean will mean we can tackle the harder to reach places like hedges and back alleys and have a proper deep clean of the city."
Five men have been questioned after shots were heard in Wimborne Road.
24-Year-Old Nikki Henderson Become The Youngest Ever Skipper Of A Clipper Round The World Yacht
18-Year-Old Found Injured In Old Christchurch Road On Friday Morning.
Recently Played Tracks
Now playing: The best feel good music
Deposit £10 to get a £40 Welcome Bonus - That's £50 to play bingo, slots and more!*
Over 50 tracks to make you feel-good. New album out now...
Find your local four day weather report here.
What's happening on the roads where you are?
Make Heart the soundtrack to your day and you could be a winner with great prizes up for grabs throughout the day.
Find out more about some of the companies advertising on Heart.
Get some great ideas on how to advertise your business on radio, online and on mobile.