The loss-making Spirit of Tasmania III ferry could be cast adrift by the Tasmanian state government next week.



The 23,700–gt ship (built 1995), bought from Superfast Ferries of Greece for $71.4m in 2003, has been branded a financial disaster by critics.



Tasmanian Premier Paul Lennon was quoted on Australian television as saying that a decision on the ferry's future will be made by the state cabinet next Monday.



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