MSC to enter directly with a 49% stake in Moby

August 29, 2022

The Gianluigi Aponte – controlled MSC Group will take directly a 49% stake (not only 25%) in Moby as soon as the restructuring plan will be approved by the Court of Milan at the end of September.

Some documents seen by Ferry Shipping News confirm that MSC already put on the table EUR 150 million, of which EUR 81 million will be used to partially repay the debt of 180 million with Tirrenia in Amministrazione Straordinaria (bad company controlled by the Italian economic development minister born when the former public Tirrenia was sold in 2012).

MSC also reserved for itself the possibility to maintain the harbour towage division (which was intended to be sold according with the previous restructuring plans) and to replace LCBC Leasing as owner of the two new ferries under construction at GSI shipyard in China and soon to be long-time chartered to Moby.