The fight between the associates of Tirrenia is aggravated ulteriorly Italian Company of Navigation



The war between the associates of Tirrenia Italian Company of Navigation (CIN) seems destined to being fought in the classrooms of a court. Last Tuesday the board of directors of the society in fact has deliberated to confer sent to own lawyers of protecting its interests with reference to declarations which released to prints by Vincenzo Onorato, holder through its Moby company of a participation in CIN pairs to 40% of the capital, declarations that according to the Board of Directors of CIN are "libellous and detrimental".

The board of directors of CIN in the first place contests that sussista a proposal of synergy between Moby and CIN, not previewed - the Board of Directors remembers - from the approved of industrial plan from the board of directors of CIN before the acquisition. Moreover - councilman Luigi Negri specifies on mandate of the Board of Directors, managing director of the Group Harbour Investments (JEEP) that he stops 15% of the CIN capital - "the hypothesis to institute a technical table that studied the possibility of eventual synergies between the two societies decayed also as a result of the communication of the Guarantor Authority of the Competition and the Market that has prohibited any fusion between CIN and Moby. No "never is synergy" and, therefore, introduced to the councilmen of CIN as asserted from Dr. new Onorato and the Slowly Industrial one, approved of unanimously from the Board of Directors, does not preview increases of rates and guarantees the occupation to all staff CIN".

Moreover - it continues Black persons - it turns out "parimenti and wrong, but also quantitatively intentionally erroneous to compare the costs of the maintenance of the fleet of Tirrenia CIN (than second Honored they would pile to 28,9 million euros, while they are to budget 19,5 million euros) and those relative to the ships of Moby (asseritamente pairs to 13,9 million euros) since the Tirrenia fleet is large almost the double quantity of that Moby more Toremar: 425 000 tons of tonnage against 286.000; the power which installed on the Tirrenia fleet is pairs to 640.000 kw, while that of Moby only 425,000 kw; the ships of Tirrenia carry out more hours than motion navigating all the year, the majority of the Moby ships only works of summer; all the ships of Tirrenia are equipped by cabins while only the half of the ships of Moby possesses these equipments".

The Board of Directors contests also to the amount of the expenses lawyers: "regarding the costs lawyers (than according to the Mr., Honored four million) - it explains Black persons - from the date of its constitution CIN would pile to have spold less than three million, of which two almost relative ones to the expenses of acquisition of the branch of Tirrenia company. The remaining amount, until the today's date, regards the ordinary expenses necessary lawyers for the existing litigation, assistance Antitrust and aids of State, assistance by right of the job and navigation".

Black persons refute also the Honored accusation of "that - specific - the absence of change regarding the old criteria of management of Tirrenia asserts: it is true - he emphasizes - exactly the contrary. CIN has improved from quickly the quality of the fleet and the services having maintained great attention to the operating costs and putting in existence numerous directed actions to generate savings regarding the management precedence".

Black persons conclude replying to the worries expressed from the president of Moby about the economic results reached from CIN, clarifying that "in first quarter of the 2014 they are better than those last year and quite better than those previewed from budget dcl 2014, approved of unanimously from the members of the Board of Directors of CIN".