Minoan Plans To Expand Routes
Greek ferry operator Minoan Lines will expand into new sea routes linking the ports of West Italy with Malta and Tunisia and later expanding to French ports in the Mediterranean. The company's statement on its plans was issued after Minoan's chairman Costas Kleronomos announced the decision during the delivery ceremony of the operator's newest vessel, Festos Palace, over the weekend at Fincantieri shipyards in Genoa, Italy. Minoan's expansion plans will take place through a strategic cooperation with Italy's Grimaldi group. "This step is providing new opportunities for Minoan's strategy to expand its core ferry operations in the new European sea routes outside the Adriatic Sea market…
Minoan Mulls Route Expansions
Greek ferry operator Minoan Lines said on Monday it plans to expand into new sea routes linking the ports of West Italy with Malta and Tunisia and later expanding to French ports in the Mediterranean. The company's statement on its plans was issued after Minoan's chairman Costas Kleronomos announced the decision during the delivery ceremony of the operator's newest vessel, the 2,200 passenger Festos Palace, over the weekend at Fincantieri shipyards in Genoa, Italy. Minoan's expansion plans will take place through a strategic cooperation with Italy's Grimaldi group. "This step is providing new opportunities for Minoan's strategy to expand its core ferry operations in the new European sea routes outside the Adriatic Sea market…
Fincantieri To Build Ferries For Minoan Lines
Fincantieri has signed contracts with Minoan Lines to supply two high-speed ferries for delivery in autumn 2001 and spring 2002. The price for each vessel is about $106 million, Fincantieri said. With a gross tonnage of about 36,000 tons, each ship can carry 2,000 passengers, 110 cars and 120 trailers. These are the third and fourth ships that Minoan Lines will have on order at Fincantieri. The earlier vessels, to be named Knossos Palace and Festos Palace, will be delivered in 2000 and 2001.
Fincantieri Signs High Speed Ferry Contract
Fincantieri has singed contracts with Minoan Lines for two new high-speed ferries to be delivered in fall 2001 and spring 2002 for a price of about $105 million each. With a gross tonnage of approximately 36,000 tons and overall length of 702 ft. (214 m), the vessels will travel in fully loaded conditions at a speed of 29.5 knots. Passenger capacity is 2,000 with garage space for 110 cars and 120 trailers. These are the third and fourth vessels that Minoan will have on order at Fincantieri. The first two vessels, which will be named Knossos Palace and Festos Palace, will be sent off in 2000 and 2001.
