Red Jet 7 will be built at East Cowes, securing 85 jobs there - and will join the fleet next summer.
Massive Shark Caught By Hampshire Fishermen
Two Hampshire fishermen have caught what's believed to be the biggest shark ever found off the coast of Britain.
Wayne Comben from Havant and Graeme Pullen from Hook found the ten foot long shark off the coast of Cornwall.
They struggled for about 90 minutes, and were towed along by it for about a mile, before they caught it.
They tagged and released the 550lb Porbeagle, which is a relative of the great white.
Porbeagles and blue sharks are said to be migrating in large numbers to UK waters as there is not enough food for them in the Atlantic.
A video of the fishermen's struggle has now appeared on You Tube:
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
On Radio: Rich and Zoe
6am - 10am
Text 'SOUTH' to 82122
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?
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.