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Basalt Infrastructure Partners Acquires 30% Stake In Italian Shipping Group C&T

Basalt Infrastructure Partners acquires 30% stake in Italian shipping group C&T

Messina, Italy (PortSEurope) January 7, 2019 – London-based investment fund Basalt Infrastructure Partners has acquired a 30% stake of the capital of Italian shipping group Caronte & Tourist (C&T). The core business of C&T consists of maritime connections in the Strait of Messina and Sicily as well as maritime services of cabotage, activities carried out with a fleet of 27 vessels under the Caronte & Tourist, Siremar and Cartour brands. Basalt
Infrastructure Partners is present in the maritime sector with the ownership of the entire capital of North Star Shipping, a British company with a fleet of 31 vessels that services the oil platforms in the North Sea, and the UK company Wightlink operating ferry services that connect the Isle of Wight with southern England. Copyright (C) PortSEurope. All Rights Reserved. 2018.

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