Swap of units between Moby and DFDS
Onorato sold the ferries Moby Aki and Moby Wonder to DFDS and received in exchange two older ships and a sum of money
The Italian group Moby and the Danish group DFDS entered into an agreement with which Moby will sell the most modern ferries in its fleet, i.e. Moby Aki and Moby Wonder (built in 2005 and 2001 respectively), in exchange for the two older ro-pax units King Seaways and Princess Seaways (built in 1987 and 1986 respectively). Moby explained in a note that until January and February 2020 the ro-pax units will remain available to the Danish shipping company through a bareboat charter, while its ships will leave Italy in autumn.
“The entire transaction will be formalized in the second half of October” and “the transfer of the ships will generate a significant capital gain in the financial year 2019, without affecting the level of services offered”, Moby explained.
According to unconfirmed rumours, Vincenzo Onorato's group will receive also some 70 million euro.
On its part, DFDS announced to the financial markets (the company is listed in the Stock Exchange of Copenhagen) that the two ferries Moby Aki and Moby Wonder will be deployed on the route connecting Amsterdam with Newcastle.