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MV Red Jet 3 is a passenger catamaran ferry formerly operated by Red Funnel , Uk passenger catamaran ferry formerly operated by Red Funnel on their route from Southampton to Cowes on the Isle of Wight along with sister ships Red Jet 4, Red Jet 5 and Red Jet 6. She was built by FB Marine on the Isle of Wight, United Kingdom at a cost of £2.73 million and entered service in 1998.