Attica Group, Greece’s largest ferry company, says it is pocketing €200,000 ($216,000) from the scrap sale of one of its oldest ropaxes.
The 27,200-gt Kriti II (built 1979) has been sold for $3.6m by subsidiary ferry operator ANEK Lines to a ship recycling facility included in the “European List” of ship recycling facilities, the company said in a statement to the Athens Stock Exchange this week.
Market sources told TradeWinds the Kriti II will be recycled in Turkey.
The Kriti II is one of two sister ships that Attica was reported to have been negotiating for recycling deals back in January.
The company acquired the Kriti II, along with its sister ship Kriti I (built 1979), when it purchased ANEK in 2023. By then, the Kriti I had already been retired, while the Kriti II, though still in operation, was struggling with ongoing mechanical issues.
Both Japanese ferries have been laid up in the Elefsis anchorage near Piraeus while awaiting disposal.
Attica has invested heavily in upgrading the other ropaxes it acquired as part of the ANEK takeover deal but its long-term goal is to re-equip its fleet with more modern tonnage.
The company announced last July that it had entered into a deal with Stena Roro to lease two of the Swedish tonnage provider’s 240-metre E-Flexer ropax newbuildings.
The two vessels will be purpose-built for Attica’s Adriatic Superfast Ferries operation by China Merchants Jinling Shipyard (Weihai) and will run on different fuels. They will feature battery-hybrid propulsion and various other fuel-saving technologies.
The company said they will set new standards for the entire Greek ferry industry.
