Moby Officially Confirmed The Sale Of AURELIA And HARTMUT PUSCHMANN

By | 2019 Newsletter week 11 | No Comments

The news reported last week in this newsletter has been officially confirmed by the Milan-based company controlled by Vincenzo Onorato and sons.

“Compagnia Italiana di Navigazione S.p.A., fully owned by Moby S.p.A., sold the vessel HARTMUT PUSCHMANN to a foreign purchaser, in compliance with the provisions of the Indenture and of the Intercreditor Agreement. The Net Available Cash (approx. €12.9m) from such disposal is applied to the extent to make capital expenditures, or invest in, or commit to invest in Additional Assets within 365 days from the receipt of such Net Available Cash” a statement reports.

As for the second deal closed, Moby also communicated that “Compagnia Italiana di Navigazione S.p.A. sold a minor vessel AURELIA to an Italian purchaser. In relation to the Net Available Cash (approx €6m) from the sale of the Aurelia Vessel, the same provisions as above are applied”. The ferry AURELIA was purchased by MSC’s Italy-based holding company Marinvest.

FERRY SHIPPING

By | 2019 Newsletter week 10 | No Comments

HARTMUT PUSCHMANN

Moby Fleet Changes: MARIA GRAZIA ONORATO In And HARTMUT PUSCHMANN Out

In the near future some further changes are expected to take place in Moby and Tirrenia’s ro-pax fleet.

The Milan-based group controlled by the Onorato family is rumoured to have just closed the sale of the aged ro-ro unit HARTMUT PUSCHMANN for a price of € 13 million. Some sources report the Cyprus-based Ntiolio Shipping Company Ltd as buyer while some others suggest it should be the Egyptian ferry company El Salam. Moby declined to comment on the deal, but broker sources reveal that the ship will be bare boat chartered back for six months.

MARIA GRAZIA ONORATO launching ceremony at Flensburg shipyard

The 1,820 lane metre HARTMUT PUSCHMANN was built in 1993 by Fincantieri in Palermo and has been recently deployed on the Livorno – Olbia route by Tirrenia.

For one vessel leaving the company’s fleet there will be soon another one replacing it. The cargo sales director, Pierre Canu, said in the occasion of the Transport Logistic exhibition just held in Verona that “a new 4,600 lane metres ro-ro ship is soon to be delivered by the shipyard and therefore will enter into service before next spring on the route covered by Moby Group to and from the port of Catania, in Sicily”. The vessel in question which just left Flensburger shipyard for the sea trials is the MARIA GRAZIA ONORATO, sister ship of the ALF POLLACK bare boat chartered by Onorato Armatori few months ago and then chartered-out to DFDS.