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Brittany Ferries snaps up Superfast V

Date: 17 Dec 2009 09:30 Source: Lloyds list

Greece’s Attica Group has sold its ro-pax ferry Superfast V to French ferry operator Brittany Ferries for €81.5m ($116.7m).

Delivery of the vessel, which is operating on Superfast Ferries’ service between Patras and Ancona in the Adriatic Sea, is due in February 2010.

Industry sources told Lloyd’s List that Brittany was contemplating using the eight-year-old ro-pax to boost its growing services between the UK and the Spanish port of Santander.

Brittany is also active in the cross-Channel market and on the Roscoff-Cork route.

Superfast V was built at German yard HDW in Kiel in 2001 for a contract price of about $112m.

It can accommodate 1,595 passengers and has garage capacity for 200 private cars and 140 trucks in combination. The vessel has a speed of 28.9 knots.

The news came on the same day that the Greek stock market authorities were due to approve a new €45m capital increase planned by Attica, which controls the Superfast and Blue Star Ferries brands.

The exit of the Superfast V appears to leave Superfast with two ships on the Ancona route, although it is understood the move may precipitate a reorganisation of services.

The majority of the original fleet of 12 Superfast ferries built for Attica in the late 1990s and early 2000s have now been sold but Attica, now controlled by Marfin Investment Group, has begun reinvesting in the fleet with the recent acquisition of two passenger-freight ferry newbuildings from the Grimaldi Group of Genoa.

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