Virtu Ferries

Virtu Ferries, the company behind a catamaran service between Malta and Sicily, has applied for a licence to operate a fast ferry service between Gozo and Malta, it announced on Monday.

The move comes after a joint announcement by Transport Minister Ian Borg and Gozo Minister Clint Camilleri in February, where they revealed the market is being liberalised and operators will therefore be able to provide a direct fast ferry service between Mgarr, Gozo and Valletta. Travelling time is expected to be just under 45 minutes.

In the company statement, Virtu Ferries said its interest in a Gozo-Malta route dates back to the company’s incorporation since 1988. In view of the market update, it has now applied with Transport Malta for a licence to operate the service.

“Virtu is looking forward to replicating the success achieved over the last 33 years on international routes, including between Malta and Sicily, on the domestic route between Maġrr and Valletta,” the company said.

It said once the service is operational, the company will be reviewing the construction of a ferry specifically for the Gozo-Valletta route.

“The proposed new ferry will conform to highest environmental standards in place at time of build, respecting stringent Emission Regulations and guidelines issued by the International Maritime Organization (IMO),” it said.

While the fast ferry service has been an electoral proposal by successive Labour Governments, controversy emerged after the Public Contracts Review Board had, in 2019, decided that a contract awarded by Gozo Channel, the state ferry company, to Island Ferries, was null and void since the contract agreement was concluded before a final decision on the tender was made.

Government has said it wants a Gozo-Valletta fast ferry service operational from 1st June.

Over 500 UK businesses fail to pay close to £16 million in minimum wages to thousands of employees

February 20, 2024
by Fabrizio Tabone

Companies had to pay their debts to staff, together with hefty financial penalties

Approvals for new dwellings in final months of 2023 sinks by 37%

February 20, 2024
by Fabrizio Tabone

San Ġwann, Saint Paul's Bay and Ħamrun registered the highest number of approved new dwellings during the period

Road accidents in 2023 amounted to €64.8 million in insurance claims

February 20, 2024
by Anthea Cachia

Despite the increase in road traffic accidents, insurance claims decreased when compared to 2022