Out with the old

Bank of Valletta is assisting Virtu Ferries in the financing of the new state-of-the-art catamaran that is set to improve the service between Malta and Sicily. Over the years, the bank said it supported numerous enterprises in their financing...

Bank of Valletta is assisting Virtu Ferries in the financing of the new state-of-the-art catamaran that is set to improve the service between Malta and Sicily. Over the years, the bank said it supported numerous enterprises in their financing requirements, helping them expand and generate more business both on a local and international level.

The new catamaran, which costs about €60 million, will be built in Western Australia and is set to be one of the largest aluminium hull catamarans in Europe. It will be named Jean de la Valette and will replace the present catamaran, Maria Dolores, on the Malta-Sicily route.

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