Independent journal on economy and transport policy
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To Vincenzo Onorato (Moby) the control of Tirrenia - Italian Company of Navigation
Morace has resigned resignation. Exposed of the Sardinia Region to the guarantor Authority of the Competition and the Market
July 7, 2015
The city council member of the Transports of the Region Sardinia, Massimo Deiana, has introduced today exposed to the Guarantor Authority of the Competition and the Market (ACGM) on the scaling of the shipowner Vincenzo Onorato to Tirrenia - an Italian Company of Navigation (CIN) in which specific that "gives some weeks and with progressive insistence the news of the imminent modification of the orders circulates owners of Cin-Tirrenia Spa that would have to be perfected in the next hours".
"To acquire the control of the CIN - Deiana in the exposed one addressed to president of the Authority Antitrust explains, Giovanni Pitruzzella - it would be an important shipowning group already strongly engaged on the routes from and for the Sardinia". The city council member refers to the shipowner Vincenzo Onorato, president of the company of Moby navigation. "We have marked the event to the AGCM - confirmation the exponent of the Sardinian regional committee - because it appears confirmed the news that the Honored Group would have to perfect in the next hours the acquisition of 100% of the parcel of shares of CIN-Tirrenia".
The Honored scaled happened one of to Tirrenia CIN, with the passage from 40% to the control of the capital finding the quotas stopped from the manager of deep Hourglass, the genoese Group Harbour Investments (JEEP) and from the Shipping Investments, is confirmed by resignation introduced in these hours from the managing director of Tirrenia - Italian Company of Navigation, Ettore Morace, that it has specified of them to have resigned in concomitanza with the definition of the new share order of the company.
"If such hypothesis had to be confirmed - Deiana in the exposed one observes - would be found to us in front of a concentration from the strongly anomalous features that you would see beyond the 90 percent of the traffic fleeting and goods - reported to the specific important market of the connections from and for the Sardinia - substantially controlled from an only economic subject in riconducibile dominant position to the Honored shipowner".
Specific Deiana that with the exposed one "agrees beginning right now to subject the event to the attention of the Autority so that it can estimate with the maximum possible timeliness if in such eventuality sostanzi a dialectic lesiva condition of the competitive one".
In the letter addressed to Pitruzzella the city council member demands "to estimate the possibility to adopt precautionary measures that suspend the effectiveness of the acquisition in the blackberries of the legitimacy appraisal".
While Morace, that administrator until from the date of constitution of the society of navigation Tirrenia CIN was named that has inherited activity of the former company of Tirrenia State, has emphasized that "they have been four intense years". "There was quite - it has remembered - who gave to us for still dealt before to begin, instead we are successful to straighten the ship and to carry it in port safe and sound. Thanks to the collaboration of all my colleagues, managing, marine and administrative - it has evidenced Morace - we have got ahead a privatization that is a case of success for the Italy, thanks to which Tirrenia represents still today, after almost 80 history years, one of the feathers in the cap of the Italian marineria".
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