MOBY LINES - PRIMARY MARKET SNAPSHOT
​Moby Lines, founded in 1985 by current owner Vincenzo Onorato, is an Italian passenger and Roll on/Roll off (RoRo) freight ferry operator. It connects mainland Italy to the islands on the Italian coast mainly with a greater focus on the Sardinian market. Tirrenia-CIN, already 40% owned by Moby, has the same business model, providing passenger and RoRo transportation services, also operating mainly in Sardinia. As a state owned company, Tirrenia’s weight of public utility routes has been historically higher compared to Moby. Both companies are currently under investigation for illegal state aid and may be constrained with significant fines (cf. page 4).
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