Red Jet 7 will be built at East Cowes, securing 85 jobs there - and will join the fleet next summer.
Woman Stabbed In Portsmouth
Police have arrested two men after a woman was stabbed in the back as she walked in a busy shopping street.
The 35-year-old victim was attacked outside Barclays Bank in London Road, Portsmouth, Hampshire, at 3.20pm on Saturday.
Eyewitness Gary Hale told the Portsmouth News: "There was a woman with a knife sticking out of her back. It was awful.
"I went over straight away and another woman was screaming for an ambulance. She looked in shock so I kept talking to her to tell her that she was going to be okay but I could tell she was petrified.''
It is understood that the woman's injuries are not thought to be life-threatening.
A Hampshire Police spokesman said: "A 42-year-old man of no fixed address has been arrested on suspicion of attempted murder. He is in police custody. A 41-year-old man from Portsmouth remains in police custody. He was arrested on suspicion of conspire to murder.
Anyone with information is asked to call 101.
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.
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