Tirrenia di Navigazione

Tirrenia Di Navigazione

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Tirrenia di Navigazione

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Description:
Tirrenia di Navigazione is a shipping company owned by Fintecna, which operates a fleet of 23 vessels on internal Italian routes and to Albania.

History

Tirrenia was founded in 1936, resulting from the nationalization of many private-owned Italian lines. After World War II, the few ships surviving the conflict were used to connect Italian islands, mainly Sardinia, to the mainland. In the 1970s ships were gradually replaced by ferries, and since the end of 1980s the company has been upgrading its older units with faster ones capable of reaching 30 knots. However, most of these were unpractical or too epensive to operate and are now planned for sale or scrap. The Italian Governament attempted to privatize Tirrenia in 2010.

The company today

On 23 December 2009, Tirrenia was put on the market. Sixteen companies join the bidding, including SNAV, Grandi Navi Veloci, Grimaldi Lines, Moby Lines, Ustica Lines, Corsica Ferries and Mediterranea Holding (including Regione Sicilia and Alexis Tomasos). The latter ends up alone when al the other bidders quit. On 28 July 2010, Mediterranea Holding won the bidding for Tirrenia and Siremar. On 4 August, Fintecna announces that the sale will not happen, since Mediterranea Holding did not show up for signing. On 12 August, the company officially entered receivership, as requested by commissioner Giancarlo D'Andrea.

Tirrenia Group

Tirrenia Group included until 2010 the following...
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