Virtu Ferries sends a cat in the Caribbean
The Malta-based company time chartered the Austal-made Jean De La Valette to Trinidad and Tobago Government for 1 year
Upon winning an international call, Virtu Ferries has signed an agreement with the Trinidad and Tobago Government to send them the catamaran Jean De La Valette on a time charter basis.
The Austal Auto Express- made 107m hi-speed unit has been time chartered by the private Malta-based shipping company to National Infrastructure Development Company (NIDCO).
The 800 passengers unit, which has a garage capacity of 156 cars (or 45 cars and 342 truck lanemetres), will be operated by Virtu Ferries and deployed by the Caribbean Government on the domestic route connecting the main island of Trinidad with the sister island of Tobago.
The catamaran has just completed a major drydocking and refit in Cadiz, Spain.
The time charter is due to expire after 1 year when NIDCO will be delivered two vessels on charter: one Austal Auto Express 94m catamaran and one Incat 100m wave piercer.,
Virtu Ferries had already replaced the hi-speed unit on the route between Valletta, Malta, and Pozzallo, Sicily, with the introduction last March of the Incat.made 110m wave piercing catamaran Saint John Paul II.
Virtu Ferries figures for 2018 fiscal year revealed that passenger-related revenues slightly decreased to 27.1 million euro (-0.7%) while charter-related revenues increased to 5.3 million euro (+6%); net profit increased to 10.9 million (+13.5%).