SNAV in talks with Intermarine shipyard for a new high-speed ferry

By | 2022 Newsletter week 20 | No Comments

Naples-based ferry company SNAV (MSC Group) is in advanced talks with the Italian shipyard Intermarine for a new single-hull ship capable of transporting up to 700 passengers, several sources revealed to Ferry Shipping News.

The ship in question will be deployed on the routes connecting Naples with the surrounding islands and the delivery is scheduled 18 months after the signing of the contract.

“The design and construction of aluminum fast ferries has been for many years the core business of Rodriquez Cantieri Navali (merged into Intermarine in 2013), that has built a significant number of vessels in the range from 30 to 115 meters for operators from all over the world” says the shipyard website.

Today the production of fast ferries is focused on vessels of smaller size, ranging from 40 to 70 meters, with different types of hulls: monohulls, catamarans, wave-piercing catamarans and hydrofoils.

For the First Time Grimaldi Group Exceeds a Revenue of €3 Billion

By | 2019 Newsletter week 23 | No Comments

Grimaldi Group of Naples closed 2018 with Revenues exceeding €3bn for the first time in its history, in spite of higher bunker costs.

  • -11% EBITDA €537.1m
  • -29% Net Result €212m

At the end of the past year the group headed by Diego Pacella, Gian Luca and Emanuele Grimaldi was operating a fleet of over 130 ships, of which 116 directly owned and with an average age of 13 years.

Details per company:

  • Grimaldi Deep Sea – Revenue €675m, EBITDA €114.5m and Net result €55.2m.
  • Grimaldi Euromed – Revenue €1.4 bln, EBITDA €142m and Net result €65m.
  • Finnlines – Revenue €595m, EBITDA €166.3m and Net result €95.1m.
  • Malta Motorways of the Seas – Revenue €32.2m, EBITDA €11.8m and Net result €2.8m.
  • Minoan Lines – Revenue €94.1m, EBITDA €8.5m and Net result €-5.7m.
  • Atlantic Container Lines – Revenue €325.4m, EBITDA €18.6m and Net result €-17.7m.