Attica Group: Purchase option exercise and Acquisition of Ro-Pax ships

Greek ferry services provider in the Eastern Mediterranean Sea, Attica Group, has increased the size of its owned fleet with a pair of vintage ships.

Attica Holdings S.A. has revealed the acquisition of the Ro-Pax vessels Kissamos and Kydon, which were already part of Attica Group’s fleet under long-term bareboat charter agreements.

The acquisition of the two vessels was the result of exercising the respective purchase options under the bareboat charter agreements, for a total consideration of €4.4m and €4.5m, respectively.

The vessel Kissamos was build by Mitsubishi in 1992 with a passenger capacity of 1,740 and garage capacity of 780 vehicles or 1.793 lane meters, whilst the second vessel Kydon has a passenger capacity of 1.750 and 175 cabins.