In October, Compagnia di Navigazione SpA, parent company of the Grimaldi Group, raised its stake above the limit of one third of shared capital and voting rights, which triggered a mandatory bid for the rest of the shares.In January, Sea Star Capital signed an agreement with Grimaldi's Compagnia di Navigazione SpA to sell its 26.7 percent stake in Minoan.In December, Sea Star Capital, owner of ANEK Lines, acquired a 26.05% stake in Minoan Lines from Access Maritime in a privately negotiated transaction.In June, Attica Group sold its entire stake in Minoan (22.2%) to Access Maritime SA, which is controlled by Mr.In February, Attica Group increased its stake in Minoan Lines.Minoan Lines was Passenger Line of the Year according to Lloyd's List.All three vessels from the Samsung shipyard were sold to other companies. The MS Ariadne Palace was sold to Moby Lines.Minoan sold its 18% stake in Forthnet to Intracom. ![]() Attica Group acquired 10.23% of the share capital of Minoan, reaching an 11.61% stake in the company.Minoan decided to focus solely on the shipping sector and sold its stake in Aegean Airlines.MS Prometheus was sold to Caronte shipping, an Italian shipping company.The MS Oceanus was renamed Ariadne Palace I and sold to Corsica Ferries.The cooperation between Minoan and Grimaldi ended, with only the MS Oceanus deployed on the Italy-Tunisia route. ![]() Its logo is derived from The Lily Prince fresco of Knossos. Since 2008 Grimaldi's Compagnia di Navigazione SpA owns and controls 95.9 of the stock of Minoan Lines. Minoan Lines is one of the largest passenger ferry companies in Europe, and one of the dominant passenger ferry companies in Greece, sailing between Piraeus and Crete and in the Adriatic Sea, between Patras and various Italian ports.
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