Balearic Islands-based Insotel Marine Group (IMG) is to form an alliance with MSC specifically to target the Spanish ferry market.
IMG’s operations include the shipping lines, Trasmapi, Formentera Lines, Formentera Cargo, and Menorca Lines.
The company explained that the alliance with MSC will cover a joint analysis and development of various passenger routes and fleet expansion, mainly with high-speed 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.”
This long-term agreement has also set various milestones. These include the development of new services for the Strait of Gibraltar, such as the Ceuta/Algeciras route, under Trasmapi’s Ceuta Lines brand, and Tarifa/Tangier, should Tarifa Lines ultimately be awarded the tender for the route, which currently being assessed and decided by the Algeciras Port Authority (APBA), but recently awarded to Balearia, which see.
IMG said that further details of the next phase of the agreement will be revealed in the coming months giving details on the new routes that will be operated jointly within the new partnership and of additions on the routes that both groups already operate in and around Spain.
