Virtu looks at Malta’s economic future with confidence

Published by
Andre Camilleri

Virtu has full faith in the recovery of Malta’s post-COVID economy, determination is a prerequisite for success.

The company will be deploying the M/V Jean De La Valette on the Malta-Sicily route between Valletta, Augusta and Catania in the first quarter 2021.  The vessel will join the M/V Saint John Paul II which will continue to service the ports of Valletta and Pozzallo. This additional scheduled service is in response to the requirements of Maltese and Sicilian importers and exporters. A dual high  speed service will prove to be a catalyst for bringing trade and tourism between Malta and Sicily back to pre-COVID levels and beyond.

With a capacity of 800 passengers and a garage for 156 vehicles or 60 vehicles and 20 trailers, the Jean De La Valette will be the second largest high speed RoPax deployed in the Mediterranean, second only to Virtu’s flagship the M/V St John Paul II.

The Jean De La Valette is currently chartered to the Government of Trinidad and Tobago serving as a “bridge” between the Sister Islands.

Virtu Ferries operated throughout the pandemic lockdown, bringing essential goods to the Island, and we continue to do so with full observance of all health requirements, including social distancing during the entire voyage, embarkation and disembarkation. We take this opportunity to thank the Maltese and Italian authorities for their cooperation and trust.

Andre Camilleri

Andre Camilleri is the editor of Malta Business Weekly

Recent Posts

‘Labour migration policy doesn’t mention housing,’ UHM says as unions, employers react to document

Unions and employer bodies have begun providing their initial reactions to the labour migration policy…

11 hours ago

Security and the Polish Presidency of the Council of the EU

On 1 January, Poland assumed the presidency of the Council of the EU. What does…

11 hours ago

Italy approves permit for the development of Malta-Sicily second interconnector

Italy's Environment Ministry has given its last and final approval to Malta to develop the…

12 hours ago

TCNs entrance in Maltese labour market to be regulated by new policy

Isaac Saliba The government yesterday presented a labour migration policy which, in the words of…

12 hours ago

How the stock market defied expectations again this year, by the numbers

What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried…

2 weeks ago

Editorial: 2024 problems will spill into 2025

The year is approaching its end and it is time to take a look back…

3 weeks ago