The final section of the Solway Harvester was lifted out of the harbour today (Thursday).
Laxey Towing Company began work in November to dismantle the scallop dredger.
The final piece to be lifted out of the water by crane was a large section of the hull.
It will now be cut into smaller pieces that can be transported to a scrap merchant in the UK.
The work was due to be completed by the end of the year, but the weather conditions meant that wasn’t possible.
The scallop dredger has been moored in Douglas for about 13 years, after it sank in rough seas in January 2000 with the loss of all seven Scottish crewmen.
On the day of the sinking, the vessel had taken shelter off the Ramsey coast from deteriorating weather conditions.
When a distress signal was picked up soon before 6pm on January 11, 2000 lifeboats from Ramsey, Douglas and Port St Mary joined in the search and the Ben my Chree was diverted.
Helicopters from RAF Prestwick and RAF Valley also took part in the search.