August 9, 2019

A Further EUR 250 Million Allocated For Renovation Of Small Ferries In Italy

The Italian Transport Minister officially communicated that, together with several Regions and the Coast Guard, some EUR 250 million have been allocated for the renovation of the ferries deployed on the short sea shipping routes in the period 2020 – 2030.

Those financial incentives are mainly focused on vessels operating local or regional links and are aimed at making access and maritime transport easier for people with low mobility.

The Transport Minister also specified that these resources are in excess of the EUR 250 million already allocated last year from the former government and also dedicated to new projects of small ferries to be built.

Venice-based ACTV, Palermo-based Siremar and all the operators active in the Gulf of Naples (Alilauro, Navigazione Libera del Golfo, Medmar, Snav, etc.) are among the companies interested in ordering new ships.