Ferry Sale to be Completed Soon

Monday, July 10, 2006
According to reports, shipping industry sources have named European company Corsica Ferries as the successful bidder for the Spirit of Tasmania III.. The name of the bidder and financial details of the offer have remained a mystery when TT- Line announced that a memorandum of understanding had been signed for the sale. Sources close to the industry believe European company Corsica Ferries put in the winning bid but the sale price remains unknown.

Corsica Ferries and its subsidiary Sardinia Ferries transport more than one million passengers annually aboard eight ferries, which operate in the western Mediterranean Sea. The Spirit III will be given a new name and will most likely be employed on a run between Corsica and France. Source: Tasmania Examiner


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