DFDS has acquired the Commodore Goodwill, which will run freight services between Jersey, Portsmouth and St Malo.
The vessel is being renamed the 'Caesarea Trader', after Jersey’s Latin name, Caesarea.
She will eventually replace the MV Arrow, which DFDS currently leases to run freight services.
The vessel is 126 metres long, has a cargo capacity equivalent to around 80 trailers, and has served the Channel Islands since 1996.

She will undergo drydocking and preparation before being deployed later this year.
Chris Parker, Jersey Route Director at DFDS, said:
“Goodwill... will provide additional capacity and better schedules for our freight customers.
"We are working hard to get Goodwill ready for service, and in the meantime, MV Arrow and her crew will continue to provide an excellent service for the island."
He says this acquisition does not change DFDS's plans for new vessels to serve Jersey, including a new RoRo vessel.
Condor Ferries - now Brittany Ferries - put the Goodwill up for sale in February with a list price of €14m when it lost the contract to operate Jersey’s sea links.

Haut Du Mont Trial: 'It could explode', jury hears 999 calls
Haut Du Mont Trial: Worker checking gas valves spent almost 'entire' time on his phone
Red Arrows still expected for Jersey Air Show
Haut Du Mont Trial: Gas works were 'sloppy, unsafe, and cut corners', allege prosecutors
26 Victoria Village homes get planning permission
Haut du Mont trial: Explosion 'an incident waiting to happen'
Jersey flights impacted by UK air traffic control issue
Engine fault sees private jet diverted to Guernsey Airport