The Italian Competition Authority (AGCM) announced that it had accepted and made mandatory the commitments presented by SAS - Shipping Agencies Services, controlled by the MSC Holding group, by Moby and Grandi Navi Veloci (GNV) following of the investigation launched almost a year ago by the Authority to check for restrictions of competition determined by the acquisition of 49% of Moby's share capital by SAS and the funding that it had in December 2023 granted to Moby ( of 18 November 2024).

The commitments provide that SAS, the parent company of GNV, sells its shareholding with waiver of the consideration 49% in Moby to Onorato Armatori who controls it and also renounces pledge on the remaining 51%. To extinguish the loan obtained by SAS, Moby will entrust a third party with the organization of a Competitive and transparent procedure, open to all operators interested parties, to sell a package of assets identified on the basis of an independent expert opinion; The proceeds from the sale will be used to pay off the loan received from SAS. For continue to guarantee the operation of Moby, some assets will be burdened with charter back constraints. If the proceeds the sale of these assets was not sufficient to extinguish the SAS loan, any remaining credit will be transferred to independent third parties, under conditions that respect the economic and financial sustainability of Moby.

Moby and GNV have also committed to granting refreshments to the consumers who have purchased, before the date of publication of commitments (16 July 2025), a journey on the routes Genoa-Olbia, Genoa-Porto Torres, Civitavecchia-Olbia from take place in the period June-September 2025, or a trip on the Naples-Palermo on the weekends between the first of November 2024 and 31 March 2025. For Moby, this compensation is equal to 5% of the ticket amount (excluding taxes, fees and ETS), if the consumer will choose a refund, and 10% if he chooses instead a voucher. For GNV, the amount is €15 for cabin travel and 7% of the amount paid for other trips.

The AGCM specified that the commitments submitted by SAS and Moby and made mandatory by the Authority dissolve the structural ties and financial statements that had motivated the initiation of the procedure investigation.