TT-Line now officially owns Spirit of Tasmania V, the second and larger of two new ferries for the state.
The Tasmanian ferry company confirmed the deal was done on Wednesday evening (AEST).
On Sunday, Premier Jeremy Rockliff announced that the first of the new vessels, Spirit IV, will arrive in Tasmania in August.
It was originally expected to depart for Australia back in May, but was delayed after an issue with the liquefied natural gas system.
“This marks a significant milestone in our journey,” TT-Line CEO Chris Carbone said.
“We would like to extend our heartfelt thanks to the dedicated project team members who have overseen the design, construction and delivery of the vessel, both in Australia and Finland.”