Balearia takes over the Visemar One from Visentini
The ferry, owned by Veneto-based shipowner, had already been operating in the Iberian fleet for 7 years
After having chartered the ship in for several years, Spanish group Balearia determined buying the Visemar One, ferry owned by Visemar di Navigazione, controlled by Visentini of Porto Viro (Rovigo).
The recent ownerships change, announced by the Iberian press, was negotiated by Genoa-based Enrico Solaro Shipbrokers, which handled the transaction between Visentini group and Balearia Eurolineas Maritimas SA, already operating the Visemar One for the past 7 years.
The ro-pax, with 186 metres in length, 2,860 linear metres capacity and capable to board 600 passengers, was built at Cantiere Navale Visentini in 2010 and launched by Visemar Line, joint-venture between Visentini and Veneto-based Tositti shipagent in the same year, to connect Venice port to Syria (Tartous) and Egypt (Alessandria).
However, the line was disrupted in June 2011 due to the Syrian crisis outburst.
Meanwhile, the Visemar One was chartered out to Balearia, originally sealing a two-year contract which was subsequently extended.
After 7 years the Iberian company, whose newly appointed Managing Director is Ettore Morace, determined taking over the ferry, currently engaged on the Valencia-Palma de Mallorca link, from Visentini, changing flags from Italy to Cyprus.