The 1981-built ferry Giraglia owned by Moby Group is being circulated by several ship brokers as the Onorato-controlled company put the asset up for sale.
One of the messages circulated on the market reports that, following the grounding which took place recently in front of the port of Santa Teresa di Gallura, ship’s bottom and its relevant structures found are damaged with hull longitudinal breach. The vessel, which was deployed on the route between the north of Sardinia (Santa Teresa di Gallura) to the south of Corsica (Bonifacio) is indeed defined as “to be repaired”. Given its age (almost 40 years) the GIRAGLIA may be sold for scrap.
Regarding the ongoing negotiation with the creditors, the Italian financial newspaper IlSole24Ore reported this week that Moby is in advanced talks with the banks and the bondholders to restructure the company’s debt under the 182-bis procedure insolvency law.