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The ferry company GoInSardinia is declared bankrupt

Rome - GoInSardinia was started by a consortium of entrepreneurs from Northern Sardinia in the summer of 2013 as an island shipping company, in order to counter the price fixing of ferry companies.

Rome - GoInSardinia was started by a consortium of entrepreneurs from Northern Sardinia in the summer of 2013 as an island shipping company, in order to counter the price fixing of ferry companies. Judge Alessandro Di Giacomo of the Court of Tempio Pausania handed down the bankruptcy sentence presented by the management company of the port of Olbia, Sinergest, for the rights and port services that were never put into use by GoInSarinia, which were worth about €220,000. With the sentence the judge also named the official receiver, the business consultant Salvatore Ara, who will now have to follow the developments of the consortium, which has a financial exposure of about €2 million, including about €800,000 owed to the State in unpaid taxes, and to employees and other providers.

GoInSardinia suspended its links to the Italian Peninsula at the end of August 2014 because of liquidity problems after the owner of the El Venizelos brought the ferry rented by the Sardinian company back to Greece: a lawsuit on the matter between Anek Lines, the shipowner, and GoInSardinia, which also led to a criminal investigation conducted by the prosecutor of Tempio, Domenico Fiordalisi, for the interruption of a public service (and which names the top management of Anek Lines and GoInSardinia as suspects in the investigation). Furthermore after the suspension of the routes, over 20,000 passengers were left high and dry, a nightmare for thousands of families and tourists who had planned their vacations in Sardinia. In recent days, the consortium asked the judge to take the arbitration, which is ongoing in London, into account before handing down the sentence. The subject of the arbitration between the consortium and the Greek shipowner is over €1.5 million in compensation.

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