Grimaldi Group’s ECO MALTA christened in Valletta

By | 2022 Newsletter week 22 | No Comments

On 30 May 2022, the port of Valletta hosted the christening ceremony of the ECO MALTA, the latest ro-ro vessel delivered to the Grimaldi Group in March. This is the sixth of 12 hybrid ships belonging to the innovative GG5G (Grimaldi Green 5th Generation) class.

ECO MALTA has joined her sister vessel ECO CATANIA on the connections between Ravenna, Brindisi, Catania and between Genoa and Malta.

“Being here in Malta today for this special occasion, or to christen the largest and most sustainable ship in the world, is a source of great pride for us” said Eugenio Grimaldi, executive director of the Grimaldi Group. “We have been present in Malta for more than sixty years and this event marks an important milestone for the maritime and transport industry locally, as well as throughout the Mediterranean”.

Trasmed GLE protests

By | 2021 newsletter week 48 | No Comments

Trasmed GLE, a ferry company part of Grimaldi Group, publicly protested against the Port Authority of the Balearic Islands for the alleged unfair competitive conditions in favour of the competitor Baleària.

The company headed by Ettore Morace complained about the fact that its vessel VOLCAN DEL TEIDE was obliged to wait for a berth off the port of Alicudi because of ferry NAPOLES.

As a consequence, Trasmed’s vessel had to berth one hour and a half later than scheduled. The case will be taken by Grimaldi Group’s subsidiary to the competent authorities for the antitrust in Spain.

Morace announce 30 million refitting plan for the Trasmed GLE’s fleet

By | 2021 Newsletter week 42 | No Comments

After the first summer season under control of the new owner, Grimaldi Group, Trasmed GLE’s fleet will undergo an important refitting program.

CEO Ettore Morace told Ferry Shipping News that all the ropax units controlled by Grimaldi (CIUDAD DE PALMA, VOLCÁN DEL TEIDE, VOLCÁN DE TIJARAFE and CIUDAD DE GRANADA (photo)) will be refurbished . The investment is worth EUR 30 million.

Ropax CIUDAD DE MAHÓN is to be put up for sale soon.

Roro EUROFERRY EGNAZIA has been chartered-in by Trasmed Gle, from Grimaldi Euromed.

The refitting program will take shape in the coming months in a shipyard located in the West Mediterranean Sea (Italy, Spain or Malta) and include mainly the restyling of internal spaces, installation of scrubbers and some investments in IT.

Case Studies for Anek-Attica Group and Grimaldi Group

By | 2021 Newsletter week 40 | No Comments

According to an article published in the Greek Mononews there will be further developments for the future of ANEK LINES and the Hellenic Coastal Lines in general. The basic points underlined are:

  • Piraeus Bank, wants to speed up the procedures and seeks to fully regulate its relations with the ferry companies
  • The basic scenario includes three phases and will proceed if only a solution found with ANEK LINES’ loan obligations
  • ANEK LINES loan obligations amount to 255 million euros, while the total borrowing of Attica Group amounts to 452.77 million euros
  • Attica Group is raising the issue of writing off 50% of ANEK’s short-term loans in order to proceed to the unification with ANEK LINES, as currently cannot incorporate both companies’ obligations and be viable at the same time
  • If the issue of the cancellation of ANEK’s obligations is overcome then there should be a guarantee of the rights of the traditional shareholders of ANEK in the new scheme
  • Then the scenario predicts that after the unification, the enlarged Attica Group will be sold to foreign Funds
  • Next, the scenario envisages the split of the Attica Group and the purchase by the Emmanuele Grimaldi group of ships operating on the Adriatic line plus some ships on the line of Crete and the Aegean.

Grimaldi Group Enters Balearic Market Through Armas Trasmediterránea

By | 2021 Newsletter week 15 | No Comments

Antonio Armas and Emanuele Grimaldi (on the horse) have signed a Memorandum of Understanding for the sale of certain assets and property rights of the Spanish group in Spain, as a first step for a collaboration.

Grimaldi Group will acquire:

  • 5 ropax ferries (CIUDAD DE PALMA, CIUDAD DE GRANADA, CIUDAD DE MAHÓN, VOLCÁN DEL TEIDE and VOLCÁN DE TIJARAFE)
  • 2 two terminals in the ports of Valencia and Barcelona
  • Offices and warehouses located on the islands of Mallorca, Menorca and Ibiza.
  • The rights to operate between Mainland Spain and the Balearic Islands for the transport of goods and passengers on the sea routes Barcelona – Mahon (Menorca), Barcelona – Palma de Mallorca, Barcelona – Ibiza, Valencia – Mahon, Valencia – Palma de Mallorca and Valencia – Ibiza.
  • Various warehouses, offices and ticket offices in Valencia, Palma de Mallorca, Mahon and Ibiza.

Grimaldi Looking At The Possibility To Link Ionian Islands With Brindisi

By | 2021 Newsletter week 7 | No Comments

Explaining to a local media the reorganization of the short sea network between Italy and Greece, Grimaldi Group revealed the project to launch new lines from the the port of Brindisi to the small islands of Corfù, Zante (Zakynthos) and Kefalonia.

The ropax link between Brindisi and Corfù had been already operated in the last few years, during the summer season.

Guido Grimaldi, commercial director of the short sea routes, specified that they are studying the project but all depends on the lifting of travel restrictions.

Corsica Ferries Adapts Through Diversification

By | 2021 Newsletter week 6 | No Comments

New freight activity on Algeria, Spain and Ireland.

“The pandemic makes diversification necessary, says Corsica Ferries Sardinia Ferries’ CEO Pierre Mattei.

Toulon – Algeria – Cartagena

Since several months a Corsica Ferries ship connects Toulon with Algeria for the export of new cars. The ferry is chartered by Toulon-based TAS.

As published earlier, CORSICA MARINA SECONDA (right on the picture) started to take trucks on the way back (from Cartagena to Toulon), avoiding the Sunday road ban and improving the environmental footprint.

Irish Sea

Pierre Mattei confirmed that MEGA EXPRESS FOUR (left on the picture) has been chartered for two months by Irish Ferries, for the routes from Ireland to the UK and to France.

Grimaldi Group Splits Ancona – Greece, Introducing Separate Links To Igoumenitsa And To Patras

By | 2021 Newsletter week 6 | No Comments

How it is: a daily Ropax service Ancona – Igoumenitsa – Patras

How it will be: 5 ropax and 2 roro vessels

Ancona – Patras: 6x/week

Ropax 1: EUROPA PALACE (1,600 pax / 270 cars / 135 trailers)

Ropax 2: ZEUS PALACE (1,380 pax / 100 cars / 120 trailers) end of March (until then CRUISE BONARIA)

Ancona – Igoumenitsa: 7x/week

Ropax 3: FLORENCIA (950 pax / 160 cars / 135 trailers)

Ropax 4: CORFU (950 pax / 160 cars / 135 trailers)

Brindisi – Igoumenitsa: 7x/week

Ropax 5: EUROFERRY OLYMPIA

Venice – Bari – Patras: freight only 3x/week.

Roro 1

Roro 2