Tirrenia di Navigazione
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| Founded | 17 December 1936 Naples, Campania – Italy |
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| Headquarters | Naples, Italy |
| Revenue | € 296 millions (2007) |
| € 14.1 millions (2007) | |
| Owner | Compagnia Italiana di Navigazione |
| Website | Tirrenia.it |
Tirrenia Compagnia Italiana di Navigazione is an Italian, privately owned, shipping company contracted by the Ministry of Transportation to provide an essential link between the major islands and the mainland. It operates a fleet of 23 vessels on internal Italian routes.
Tirrenia was founded in 1936, resulting from the nationalization of many private-owned Italian lines. After World War II, the few ships surviving the conflict were used to connect Italian islands, mainly Sardinia, to the mainland. In the 1970s ships were gradually replaced by ferries, and since the end of the 1980s the company has been upgrading its older units with faster ones capable of reaching 35–40 knots.
However, most of these were unpractical or too expensive to operate and are now scrapped. The Italian Government, after having subsidiarized the company some years, privatised Tirrenia in 2012.
On 23 December 2009, Tirrenia was put on the market. Sixteen companies join the bidding, including SNAV, Grandi Navi Veloci, Grimaldi Lines, Moby Lines, Ustica Lines, Corsica Ferries and Mediterranea Holding (including Regione Siciliana and Alexis Tomasos). The latter ends up alone when al the other bidders quit. On 28 July 2010, Mediterranea Holding won the bidding for Tirrenia and Siremar. On 4 August, Fintecna announces that the sale will not happen, since Mediterranea Holding did not show up for signing. On 12 August, the company officially entered receivership, as requested by commissioner Giancarlo D'Andrea.
An agreement has been made for Tirrenia to be taken over by Compagnia Italiana di Navigazione (Cin) in 2012. However in May the competition authority opened an investigation into whether a dominant position in routes to Sardinia would be created.
Tirrenia Group included until 2010 the following company:
Ro-Pax Dimonios to Livorno.
Ro-Ro Via Adriatico.
M/S Athara to Genoa.
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Wikipedia