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The Steam Packet say the vessel will provide a long-term backup for its freight services and extra capacity during future TTs as well as the Festival of Motorcycling.

Chief Executive Mark Woodward says having the ship available will also help when the Ben-my-Chree goes in for her scheduled  biennial overhaul in 2014

The Arrow was built in 1998 and has been in service with Seatruck Ferries since 2007. She has a total of 1,057 metres (1,156 yd) lane capacity, which means she can carry 88 trailers, with provision for 12 passengers.

Mr Woodward says she's ideally suited because she can sail in all weathers and tides at Heysham and Liverpool – something increasingly rare in available vessels.