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17 September 2019 The on-line newspaper devoted to the world of transports 07:10 GMT+2

October 3, 2012

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Grimaldi and IN the Lines cooperates on the marine route Brindisi - Igoumenitsa - Brindisi

The Greek company puts into effect the reduction of the capital

The Neapolitan shipowning group Grimaldi has signed an agreement with the Greek company IN the Lines (Maritime Company of Lesvos) in order to today start with effect from a grip collaboration on the marine draft Brindisi - Igoumenitsa - Brindisi that regards is operating aspects that commercial.

Operatingly the agreement previews the introduction of every day departures between Brindisi to Igoumenitsa for the transport of any type of rotabile cargo (cars, vans, trucks, etc) let alone fleeting. The departures from Brindisi happen every day: from monday to saturday to hours 19,00 with arrival to Igoumenitsa the successive day to the hours 04:00; Sunday to the hours 13:00 with arrival to Igoumenitsa to the hours 22:00. The departures from Igoumenitsa every day happen to the 01:00 with arrival to Brindisi to the hours 08:00.

The ships employees are Sorrento and the Florencia, two modern ferries constructed respective in 2003 and 2005. Both the ships can transport, to a speed of service of 23 knots, beyond 950 passengers, 2,250 linear meters of rotabile cargo and 170 automobiles to the continuation.

Commercially IN, for the promotion of the service in the Greek country, Turkey and in the Balkans, will place side by side the organization of the Grimaldi group in Greece that work under the standards of Minoan Lines, society of the partenopeo group.

The agreement of cooperation between Grimaldi and IN previews moreover that both the societies are engaged to introduce additional tonnage between Brindisi and sundries Greek destinations in the summery period to the aim to satisfy the requirements of the tourists who choose Greece like tourist goal.

Grimaldi and IN has announced that, in order to celebrate the beginning of this partnership and to the aim to convince new customers to have use of the service, it will be granted to a special reduction in price of 100 euros on the official list of the prices to all the trucks and towings reserved between the 3 and 9 October next.

Tomorrow, while, the dealings of the title of IN the Lines on the securities market of Athens in the within of the procedure of reduction of the approved of share capital by the shareholders of the Greek company 28th July will be suspended. The reduction, put into effect to the aim to compensate accumulated losses in the exercises precedence, piles to 25,5 million euros and the total number of actions of IN will come down from 340.612.800 to the 255.459.600 sets in action (for a total value of 76,6 million euros) of next 11 October, day in which they will resume the dealings.

We remember that some days before IN the Lines september 2012 has reached an agreement with the majority of the creditors of the company ( of the 20).

PSA Genova Pra'

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