Today, the Management Committee of the System Authority Port Authority of the Northern Adriatic Sea has approved the application presented by Venezia Terminal Passeggeri (VTP) for the rebalancing of the of the concession of state-owned assets managed by the companies whose usability, with respect to the had been reduced after the entry into force of the Decree-Law 103/2021 which introduced traffic restrictions cruise in St. Mark's Basin and the Giudecca Canal, access to the VTP quays, establishing that ships of more than 40,000 tons of tonnage should be directed on the road access to the Canale dei Petroli and the Vittorio Emanuele III Canal ( of 13 July 2021). The procedure provides for the temporal reparation of the concession, as provided for by the Decree-Law 103, and the assignment of substitute commissioner berths and compensatory measures with respect to state-owned assets that are no longer Usable.

In addition, the deadline has been adjusted of the concession deed on 31 May 2036 with respect to the deadline of 31 May 2026 and the redetermination of the areas of port property entrusted in concession to VTP, which from June 1, 2026 will renounce the use of Buildings 103, 117 and 1 in Marittima and San Basilio, with consequent remodeling of the canon.

Approval of the instance also involves management by VTP of existing and in the process of being implementation by the Special Commissioner for the Implementation of temporary berths and complementary interventions for the protection of Venice, Fulvio Lino Di Blasio (President of the from the date of delivery until 31 May 2036. At the same time, VTP is committed to making investments in infrastructure and technology for more than €19 million by 2036 in the ports of Venice (state-owned maritime areas at Marittima, new passenger station, San Basilio, Santa Marta and Riva Sette Martiri) and Chioggia (state-owned maritime areas of Isola of the Salons).

Commenting on the green light for VTP's application, the president of the PSA, Fulvio Lino Di Blasio, pointed out that "with the decision of the Committee on the application for VTP, the final moment of the work carried out in recent months together with the Ministry of Transport, Infrastructure and Transport and with the personal commitment of the Deputy Minister Edoardo Rixi, the second phase of the rebalancing process, also supported by a opinion of the State Attorney's Office. In view of the compression of the right of VTP to use the state-owned property subject to the concession following Decree 103, the entity consents as follows rebalancing through the protraction of the concession, also in order to amortize investments carried out by the concessionaire so far and the commitment to be recognised. for future investments equivalent to more than €19 million. The The future of cruising from a more sustainable perspective passes also for this important administrative step for which I thank the work of the employees of the PSA and the Secretary general'.

A comment also came from Deputy Minister Rixi, who underlined that "the port of Venice is one of the priorities of the government. The successful conclusion of the rebalancing process of the VTP concession, with the extension of the concession and confirmation of new investments - said the Deputy Minister - contributes to a new cruise model with greater certainty for the market and confirmations for the workers. The discussion started in March, in which I asked for identify a concrete path, generated an activity solid technical-administrative framework, in synergy between PSA and companies Interested. President Di Blasio's commitment allows a step forward before the entire port system that includes Venice and Chioggia, confirming its central role in the international cruise industry with positive implications for the entire Adriatic area."

At today's meeting, the Committee also approved the updating of the tariff of state fees and some concessions, including the one to the company SO. RE. BUT. operating in the port of Chioggia for a duration of 25 years and expiring on 30 June 2049. The company, 100% controlled by F2I Holding Portuale S.p.A., is active in in all product sectors, with a particular focus on the cereals, flours, steel products and project cargo, is committed to continuing and expanding its business and also acquire the areas currently operated by Impreport, absorbing its 12 employees.

Di Blasio specified that this latest resolution represents "An important and concrete signal also for Chioggia, where the new 25-year concession to SO. RE. BUT. recognizes goodness of the company's business plan, which plans to invest in areas subject to concession approximately €11.5 million in equipment and technologies between 2024 and 2048. The Dealer - explained the president of the Port Authority - aims to grow in trafficking up to a freight handling of 1.438 million tonnes per year 2046. As early as 2027, thanks to dredging works planned in the port of Clodiense, the The company expects to reach an annual volume of 113 thousand tonnes, as well as, from 2029, to activate a new Ro-Ro traffic for 400 thousand tons per year. On the latter front KNOW. RE. BUT. ambitiously aims to position Chioggia as the complementary airport to Trieste in the management of traffic via ferry to and from Turkey'.