IMG Insotel Marine Group and MSC Mediterranean Shipping Company seal an alliance for the ferry market in Spain

High-speedThe Balearic group IMG, which includes the shipping companies Trasmapi, Formentera Lines, Formentera Cargo, and Menorca Lines, has agreed with Mediterranean Shipping Company to create an alliance for the joint analysis and development of various passenger routes and fleet expansion, mainly of HSC vessels, with the aim of enriching the offer of fast-ferry services in Spain, through its boutique proposal with maximum local focus in the communities where they operate.

Months ago, an agreement was reached between the two groups at MSC's headquarters in Geneva to launch a shipping partnership, with a view to improving the current fast-ferry proposal for the Spanish market.

In this long-term deal, it is planned to carry out various milestones set within the framework of the MSC + IMG agreement, which includes the development of new lines planned in the Strait of Gibraltar, such as the Ceuta-Algeciras route, under the Ceuta Lines brand, and Tarifa-Tangier, for their most efficient operation —should Tarifa Lines ultimately be awarded the tender, currently being assessed and decided by the Algeciras Port Authority (APBA).

Further details of the new phase of this MSC + IMG agreement will be released in the coming months. About the new routes that will be undertaken jointly within this partnership, as well as the reinforcements on the routes that both groups already operate in Spain.

Nov 26 2024