GNV Polaris, the first newbuilding under construction in China and scheduled to be delivered before the end of the current year, will be deployed on the routes linking Barcelona and Valencia to Palma de Mallorca and Ibiza.
Due to the exit of the fire-stricken La Suprema from the fleet, GNV decided to increase the passenger capacity of the other three RoPax ferries ordered from GSI shipyard in China by adding the number of cabins from 250 to 450 (3,000 lane metres garage confirmed). The upgrade will increase the value of the newbuilding programme for all four new ships signed by MSC Group for GNV from EUR 500 to EUR 600 million.
GNV closed the financial year 2023 with a loss of EUR 155 million. Total revenues reached EUR 600 million while EBITDA was negative for EUR 53 million.
According to the Genoa-based, MSC-controlled company, the reasons are linked to the high competition in the cargo market, the fire that occurred in January 2023 on the ferry La Suprema (total loss declared in exchange for EUR 85 million from the insurers), bunker costs, and expenses for the Balearic Islands startup plan launched in 2021.
