TREASURY Minister Anne Craine MHK highlighted the success of the Island's shipping and aircraft registries during her Budget speech.

She told Tynwald earlier today (Tuesday): "We have a thriving shipping sector which employs 600 people.

"Its success led directly to the setting up in 2007 of the Isle of Man Aircraft Registry for private and corporate aircraft, which now has over 330 high quality aircraft on its books and is driving growth in support services on the Island."