SHORT NEWS

By | 2019 Newsletter week 22 | No Comments

Liberty Lines Received Another High-Speed Craft from Liberty Shipyard

A new high-speed craft called CARMINE has just been delivered to the Sicilian ferry company Liberty Lines from Liberty Shipyard (formerly known as HSC Shipyard) based in the port of Trapani.

The unit in question is part of the Admiral 250 series and is a sister ship of the hydrofoils renamed AMMARÌ, CARLO MORACE and CARMEN M.

This high-speed vessel has a capacity for 250 passengers.

FERRY SHIPPING

By | 2019 Newsletter week 11 | No Comments

According to local media (Giornale di Sicilia) the UK-based investment fund Taconic Capital will make an offer to buy Liberty Lines, the ferry company owned by the Morace family and still under the administration of an external commissioner following the court case renamed “Mare monstrum” which happened in 2017.

The company founded in 1993 by Vittorio Morace operates short sea links from Sicily to the Aeolian islands, to the Egadi islands and Pelagie islands, has a fleet of 32 hydrofoils and also controls a shipyard building hi-speed crafts in Trapani.

Also, the other big player active on the ferry routes in Sicily, the Messina-based Caronte&Tourist, recently welcomed as a new minority shareholder (with a 30% stake) the investment fund Basalt Infrastructure Partners.

Marnavi Decided Not To Buy Sicilian Ferry Company Liberty Lines

By | 2018 Newsletter week 48 | No Comments

Naples-based Marnavi shipping group decided not to proceed with a takeover of the Sicilian ferry company Liberty Lines, after giving the investigation its due diligence.

The company founded in 1993 by Vittorio Morace has a fleet of 32 hydrofoils, making it one the largest high-speed maritime passenger transport company in the world, and it has also a shipyard in Trapani.

In 2016 Liberty Lines acquired Siremar and 50.9% of the share capital of Traghetti delle Isole, the shipping company operating between the smaller islands of western Sicily. As of today the company offers regular maritime connections from Sicily to the Aeolian islands, to the Egadi islands and Pelagie islands.

The company is still under the administration of an external commissioner following the court case renamed “Mare monstrum” which happened in 2017.