Company Profile Genoa, March 2016
Group Profile Core Business Liner shipping company Rail and road haulage Terminal activities
Group Structure 100% Paolo Messina Family STEFEM Srl 21,13% Giorgio Messina Family RIRIFI Srl Gianfranco Messina Family MAMAI Srl 21,13% 21,13% 21,13% 10,62% 4,86% Buciuni Family Gais Family EMMEGI Srl Calì Family AMEC Srl Shipping Diego Calì & C. Srl (chemical) 63% Four Jolly SpA (tanker) 50% Shipping Agencies I. Messina (K) LTD. - Kenya 100% I. Messina (Moçambique) LDA. 100% I. Messina (Suisse) S.A. 100% I. Messina Cote D'Ivoire S.A. 100% I. Messina France S.A.S. 100% Ignazio Messina & C. (PTY) LTD. - South Africa 100% I. Messina Senegal S.A. 85% I. Messina Tunisie S.A. 50% I. Messina (T) LTD. - Tanzania 49% 3
Other Businesses Ferrania Technologies SpA 100% Ferrania Solis Srl 100% Vispa Srl 50% Sessa Klein SpA 10% Gardella Gino Srl 100% La Meccanica Generale Srl 100% La Torre Marina Srl 24% Le Terrazze di Vado Srl 19% Banca Passadore - Genova Yarpa SpA AVM Private Equity SpA AVM Energia SpA Capitalimpresa SpA Industry Ship and Yacht Repairs Real Estate Banking and Private Equity Fondo Beta Fondo Alfa RP3 Prosperity SA White Fin Srl Messina e Gais Families also own Finemme SpA and have thus extended their presence to other business areas Paolo Messina Family STEFEM Srl 21,13% Giorgio Messina Family RIRIFI Srl Gianfranco Messina Family MAMAI Srl 21,13% 21,13% 21,13% 10,62% 4,86% Buciuni Family Gais Family EMMEGI Srl Calì Family AMEC Srl 4
Group Profile Core Business The liner shipping company Rail and road haulage Terminal activities
More than 90 Years of History 1890/1916 1921/1935 1935/1968 1968/1986 1986/2008 2008/today The Messina family becomes known as shipowner of winecarrying vessels in Sicily. Birth of the fleet. 1903 - year of birth of Ignazio Messina. Relocation of the Headquarters in Genoa Gradual handover of Extension of the powers from services to the Red Giuseppe Messina Sea, Saudi Arabia (first generation) to and East Africa. his first born Further extension of Ignazio. the liner services, Ignazio (second after the Second generation) starts a World War, to regular liner Tunisia, Algeria, service to North Lebanon, Egypt Africa with vessels and West Africa. under Italian flag. Conservation of the services to East Africa and Red Sea even after the closure of the Suez Canal. During the Fifties the third generation - Gianfranco, Giorgio and Paolo Messina - joins the company Specialization in regular services with ro-ro and container vessels. After the reopening of the Suez Canal, activation of a service towards the Red Sea and the Persian Gulf. It will then be extended to India, Pakistan and South Africa. 1969 - opening of a hub terminal in Genoa, at Calata Tripoli. 1977 - relocation of the terminal at La Spezia Fossamastra. 1982 - year of decease of Ignazio Messina, founder of the company The fourth generation - Andrea Gais, Massimo, Ignazio, Stefano and Emanuele Messinaenters the company and assures the management continuity. 1996 - the Terminal is relocated in Genoa at the Nino Ronco and Canepa quay (it was the very first in Europe to obtain the RINA certification for security and environment and the 2009 - An order of four new Ro-Ro vessels is finalised with the Korean Shipyard Daewoo. 2011 - together with Gruppo Gavio / Terminal San Giorgio, Messina obtains the full licence to operate in the areas of Multipurpose Terminal. the 2012 - An order of four new Ro-Ro vessels is finalised with the Korean Shipyard STX. approval of the 1st January 2013 Security Code ISPS). birth of Gruppo 2008 - Giorgio Messina SpA Messina, vice holding. Chairman, suddenly passes away. 6
The Birth of the Fleet 1890/1916 1921/1935 1935/1968 1968/1986 1986/2008 2008/today 1850 1890 1903 1916 In the second half of the 19 century the Messina family becomes known as shipowner of winecarrying vessels based in Riposto, Sicily. The quality leap arrives with the purchase of the Angelina, built in Great Britain in 1870. In this way Giuseppe Messina continues and expands the activity of his father and grandfather. Birth of Ignazio Messina. The Messina family moves to Genoa, where they decide to settle their headquarters and the operative management of the company. Quays in Riposto (Catania) Company letterhead Giuseppe Messina Birth Certificate of Ignazio Messina 7
The Turning Point 1890/1916 1921/1935 1935/1968 1968/1986 1986/2008 2008/today 1921 1929 Anni 30 1931 1932 Giuseppe gradually leaves the company to his son Ignazio. The company officially becomes a limited partnership. The traffic of wine decreases and the vessels are now starting to ship more remunerative commodities like sugar, wheat, petroleum and concrete. It s therefore a period of expansion for the traffics and the routes. In Genoa the company flag waves over Eritrea dock where the firm obtains a regular berth and various docks to store the cargo. The fleet is enlarged by the addition of new vessels: Borzoli, Multedo, Albarosa ed Astero. The sailings from Genoa, with a frequency of 2/3 per week, call the following ports: Leghorn-Naples- Messina-Catania-Malta- Tripoli-Homs-Sliten- Misurata-Sirte- Benghazi. Two steamships, Audace e Tenace, are put into service. Ponte Eritrea during the 30s Messina Calendar - 1921 8
Happy and Troubled Years 1890/1916 1921/1935 1935/1968 1968/1986 1986/2008 2008/today 1935 1935 1940 1936 1937 1940 1940 1945 A regular service to Eritrea is launched and the sailings, initially on a monthly basis, become being performed fortnightly - increasing the number of the vessels in service. The ships are also arranged in order to adapt them to the various type of transports (general cargo, raw materials, labourer, troops and passengers). These years are marked by a politics of growth and expansion that enables Messina to obtain the transport of valuable commodities like cotton, hides, coffee, bananas, spices and perfumes. Ignazio Messina organises some shipping agencies in Africa hiring local staff, encourages the setting up of companies for goods loading and discharge, arranges the depots and creates firms for road haulage. Messina settles its docking zone in the newest part of the port: Sampierdarena basin, namely Etiopia and Eritrea docks. The company owns 17 vessels for a total capacity of 47.000 tons, with a workforce of 70 employees and 500 sailors. In Tripoli the company handles a floating coal depot for vessel refuelling, with 40 clerks and 90 other employees (part of them in the port and part at sea). Messina takes over the Camed (Mediterranean shipyard of Pietra Ligure) with more than 300 employees. By the Second World War outbreak and up to the spring of 1945 the activity of Ignazio Messina is basically the defence of its own fleet. Messina s logo for the Ethiopian post service Eritrea dock a sunk vessel 9
Post-war Period 1890/1916 1921/1935 1935/1968 1968/1986 1986/2008 2008/today 1941 1943 1946 1950 1955 1958 1960 The fleet is almost completely destroyed (vessels are either sunk, confiscated or unserviceable); Lido and Goggiam are the only ones remaining. S.S. Lido Ignazio Messina commits to the reconstruction of his fleet: between 1945 and 1948 Camed builds three motor vessels for the associate company Messina: Libertà, Operosità and Concordia. Ignazio's target is to be back again on the historical routes which had been conquered in the 30s. This means restoring especially the lines that are bound for Libya and Tunisia, heading for the ports in Red Sea, West Africa and in the Arabic Peninsula and going straight on towards the East. He aims to open some routes towards West Africa and to reach the South African ports in order to serve the whole Africa. Ignazio Messina sees one of the lowest points in the history of his company. He decides to apply for credit from private citizens in order to meet his commitments. Ignazio Messina has to give up the management of the shipyard and start focusing back on the traditional familiar activity of shipowners and managers of shipping line services. Messina boasts again a fleet of a dozen vessels, including owned vessels and chartered ones, calling the ports of Magreb, Red Sea, Africa and Arabia; the contacts with the Italian ports of Leghorn and Naples are re-opened. Ignazio Messina s sons Gianfranco, Giorgio and Paolo progressively begin to work in the Company. 10 M/V Matteoemme (60ies)
A Period of Change and the Birth of Jolly Fleet 1890/1916 1921/1935 1935/1968 1968/1986 1986/2004 2004/today 1967 1968 1974 1977 1982 Jollyemme, a new Ro-Ro unit, enters the service between Genoa and Libya. It is the very first container service between Italy and a foreign country. Ignazio Messina becomes a joint-stock company. Messina Terminal is relocated to La Spezia. Death of the founder Ignazio. Jollyemme (1968) Inauguration ceremony of Jokeremme (1971) Giorgio Messina tests the stern door he designed on the m/v Gianvittorioemme Ignazio Messina 11
The 90s and 2000s 1890/1916 1921/1935 1935/1968 1968/1986 1986/2008 2008/today The 1980s and 1990s The fourth generation, with Andrea Gais, Massimo Messina, Ignazio Messina, Stefano Messina and Emanuele Messina gradually enters the company and assures the management continuity. 1996 2001 2004 The Messina family is back to Genoa as terminal operator at Nino Ronco dock, Derna wharf and the areas behind them. On the occasion of the eightieth anniversary of the Company s founding, Messina gives Genoa a large glass sphere, designed by Architect Renzo Piano. It is set to become a big herbarium of ferns, one of the riches of Genoa botanical garden. It is located beside the Aquarium in the Old Port, exactly where Messina vessels used to anchor during the 60s. Messina finally manages to obtain wider spaces it had always been asking for in order to carry out and increase their trading, by extending their granted land up to Canepa dock, part of Bengasi wharf and the filled space between Ronco and Canepa docks. 12
Today 1890/1916 1921/1935 1935/1968 1968/1986 1986/2008 2008/today 2009 2010 2011 2012 Genoa: Messina signs a contract with the Korean shipyard Daewoo for the construction of the four biggest Ro-Ro vessels in the world, for a total investment of 300 million dollars. These vessels are expected to start their service between October 2011 and February 2013. Together with Terminal San Giorgio in a temporary association of enterprises, Messina gains the former Multipurpose Terminal areas. December 2011 - delivery of Jolly Diamante, the first of the four new vessels that are built by the Korean shipyard Daewoo. Jolly Diamante will be followed by Jolly Perla (April 2012), Jolly Cristallo (September 2012) and Jolly Quarzo (February 2013). Messina signs another contract with the Korean shipyard STX for the construction of a second series of four Ro-Ro vessels, for a total investment of 300 million dollars, to be put into service between December 2014 and May 2015.. 13
Today 1890/1916 1921/1935 1935/1968 1968/1986 1986/2008 2008/today 2013 2014 The company is reorganized in order to respond with more efficiency to market requests and transformations: the new holding Gruppo Messina Spa is established. All shipping activities belong to a new established company, Ignazio Messina & C. SpA Delivery of Jolly Titanio. It is the first of the second series of new vessels that are realised by the Korean shipyard STX and it will be followed in 2015 by its sister-vessels Jolly Cobalto, Jolly Vanadio and Jolly Palladio. 14
Global Environmental and Safety Certification Since February 3rd, 2011 the shipping company Ignazio Messina & C. S.p.A. is the first Italian shipping Group with an integrated logistics system to attain Environmental (ISO 14001) and Health and Safety (OHSAS 18001) Certification for all its activities. Prevention of industrial accidents Protection of health and safety of the employees, third parties and the community Reduction of environmental risks Reduced management costs for the prevention of undesired events entailing high economic and social costs More effective management of legal requirements The company s credibility and visibility are guaranteed by voluntary certification, issued by a certification body accredited in accordance with international standards. 15
Group Profile Core Business The liner shipping company Rail and road haulage Terminal activities
Regular liner services We serve more than 50 ports, we connect 40 different countries. Rail and road haulage is available towards more than 100 cities in Africa, Middle East and India Ignazio Messina & C. provides regular liner services connecting southern Europe, the Mediterranean, Africa, the Middle East and the Indian Subcontinent 17
Mediterranean Line Algeria Egypt Lebanon Libya Malta Tunisia Tunisia Line Algeria Line Libya Line East Med Line Malta Line Algiers Tunis Alexandria Beirut Malta Tripoli Misurata Every 10 days Every 7 days Every 12 days Every 15 days Every 7 days Every 10 days Every 10 days Messina started calling Libya on a regular base in 1921. Afterwards the company extended its activities to all the North African countries and the Near East countries overlooking the Mediterranean Sea. Today there are 5 regular liner services (Ro-Ro and Lo-Lo) covering the whole Med Area. 18
South-East Africa Egypt Saudi Arabia Kenya Tanzania South Africa Mozambique Alexandria Jeddah Mombasa Dar Es Salaam Durban Maputo Nacala Feeder Destinations Every 12 days Every 7 days Every 18 days Every 18 days Every 18 days Every 18 days Every 18 days Messina started calling ports in East Africa on a regular base in 1935. South Africa Somalia Cape Town Mogadishu Via Durban Via Mombasa (Ro-Ro) Via Jebel Ali (Container) 19
Middle East Jordan Saudi Arabia Djibouti United Arab Emirates Iran Aqaba Every 14 days Jeddah Every 7 days Djibouti Every 14 days Abu Dhabi Every 14 days Jebel Ali Every 14 days Bandar Abbas Every 14 days Destinazioni Feeder Egtpt Eritrea Sudan Yemen Bahrain Saudi Arabia Oman Pakistan Iraq Qatar Kuwait India Iran Sokhna Massawa Port Sudan Hodeidah / Aden Bahrain Dammam / Jubail Sohar Karachi Umm Qasr Doha Shuwaikh Mundra / Nhavasheva Bandar Khomeini/Khorramshahr / Bushehr Via Jeddah Via Jebel Ali Via Abu Dhabi Via Jebel Ali Messina started calling ports via Suez Canal in 1935. Even during the canal closing period Messina was the only shipping company sailing under the Italian flag to cover the route from and to the Red Sea by circumnavigating Africa. 20
West Africa Senegal Ivory Coast Nigeria Ghana Dakar Abidjan Lagos Tema Takoradi Every 14 days Every 14 days Every 14 days Every 14 days Every 14 days Ignazio Messina has been serving this area, which includes 26 countries in West and Central Africa, for over 60 years. Our service is not limited to the ports of landing, it goes further to inland destinations. Lagos 21
The Commercial Organization IMEC Agencies and Worldwide Branch Offices United Kingdom Ignazio Messina & C. S.p.A. Switzerland I. Messina (Suisse ) S.A. France I. Messina France S.A.S. London Zurich Marseille Italy Ignazio Messina & C. SpA Uganda I. Messina (U) Ltd Genoa Modena Naples Kampala Spain Ignazio Messina & C. S.p.A. Tunisia I. Messina Tunisie S.A. Senegal I. Messina Senegal S.A. I. Messina Côte d Ivoire S.A. Ivory Coast Barcelona Valencia Tunisi Dakar Abidjan Tripoli Addis Abeba Dubai Jeddah Kenya I. Messina (K) Ltd Mombasa Nairobi Tanzania I. Messina (T) Ltd Mozambique I. Messina Moçambique Lda Maputo South Africa Ignazio Messina & C. Pty Ltd Dar Es Salaam Durban Johannesburg Cape Town Commercial Offices Representative Offices Controlled Agencies Area Manager at Other Agencies 22
The Fleet Specialized vessels for target trades A fleet of 21 vessels including owned and chartered ones for a total capacity of 40.200 TEUs and 62.500 ML Full container (chartered) vessels can load containers and ro/ro that are stowed onto platforms. Loading/unloading operations are performed by shore cranes. The fleet of Ignazio Messina & C. is mainly composed of Ro-Ro vessels (either owned or chartered). These vessels are highly specialized and assure extreme flexibility: they can even operate in unequipped ports with no shore cranes. Any type of cargo can be loaded by ramp: containers, cars, industrial vehicles, OOG pieces, LCL and heavy cargo. 23
Owned Fleet: State-of-the-Art Ro-Ro Ships In recent years, the Group has performed a notable investment on the renewal of the fleet - a new focus in its business plan and development strategies. Messina ordered the 8 largest Ro-Ro container ships ever built. Deadweight 45.200 t Length Over All 239,00 m Beam 37,50 m Draft 11,50 m Main Engine Power 22.890 kw Speed 21,5 knots Container Capacity 3.000 TEUs Vehicles and RoRo Cargo 6.300 l.m. Made in Italy, these ships were designed by Messina technical department and sail under the Italian flag. 24
The New Jolly Series: Efficiency and Technology Le vecchie "Jolly" Cargo capacity has increased Le Nuove "Jolly" Efficiency of transportation has increased Enviroment is better protected The new vessels feature advanced technology and are equipped with modern pollution control systems. Namely, they are equipped with a sophisticated and innovative system of cleaning of the exhaust gas. This system operates when ships are in port as well as during navigation and it was qualified as GREENPLUS by RINA, certifying the highest respect for the environment. DSME Jolly Diamante Jolly Perla Jolly Cristallo Jolly Quarzo STX Jolly Titanio Jolly Cobalto Jolly Vanadio Jolly Palladio From 65 to 33 grams of CO2 for each ton of cargo transported 49% less From 0,51 to 0,44 tons of ship for each ton of cargo 14% less Deadweight: from 26.900 tons to 45.200 tons 70% more
The New Jolly Series: the Highest Operational Flexibility These new ships have great operational flexibility and are provided with a loading ramp with a capacity of 350 tons. It was designed to allow the transport of oversize loads and plant material up to 7 meters high below deck. Three independent and wide access ways to open decks, main garage and garages in holds A big jumbo ramp at stern, with 12,5 free drive breadth, and a wide stern door, with a 27 by 7 meters of clear passage 26
Lloyd s List Italian Shipping Awards 2010 Italian Shipping Newsmaker of the Year Italian personalities, companies or organizations in the news this year. To be chosen by the organisers from proposals of senior editorial staff ITALIAN SHIPPING NEWSMAKER OF THE YEAR Ignazio Messina s vessels have been offering for over eighty years safe and reliable sea transportation between Southern Europe and the main Countries in the Mediterranean basin, Africa, the Middle East and the Indian Sub-Continent. This year the Genoa-based company deeply committed to its fleet renewal with the order for the construction at the South Korean shipyard Daewoo of 4 sistership ro-ros upon a 280 million dollars investment. The innovative ship concept, state of the art in the sector, was in-house designed by Messina. 27
Container Park Ignazio Messina & C. container park is composed of more than 48.000 containers for 68.000 TEU 20 Total 28.740 Owned Chartered 22.709 6.031 40 Total 19.633 Owned Chartered 14.133 5.500 Mafi/Rolltrailers Total 129 Owned Chartered 22 107 28
Group Profile The Core Business The liner shipping company Rail and road haulage Terminal activities
Inland Intermodal Terminals An Integrated Logistic System Ignazio Messina & C. SpA has set up a reliable integrated logistic organisation that has been moving for 20 years to/from Genoa berths approximately 80.000 trucks and about 1.600 trains, also using its own railway cars. Terminals are managed directly and are connected by rail to Nino Ronco Genoa Terminal. Milan Brescia Vicenza Dinazzano Jesi Every terminal can offer to customers reception, weighing, storage, stuffing and customs clearance services. Terminals are connected both with Italian and Central-Southern Europe destinations. 30
Group Profile The Core Business The liner shipping company Rail and road haulage Terminal activities
Terminal Activities the Need of Space 1930/1970 1970/1977 1977 / 1996 1996/today Messina flag waves at Eritrea dock. In 1936 1937 Messina vessels berth at Etiopia and Eritrea docks, in the basin of Sampierdarena. At a later stage vessels berth in the port of Genoa, at Marinetta, at some internal quays and at Magazzini Generali. Eritrea dock during the thirties By the realisation of the first container terminal at Libia Dock, inside the port of Genoa, Messina obtains the first berth at Tripoli Wharf where the company creates three ramp steps for the stern mooring of ro-ro vessels and installs the first shore crane to stack the containers. Messina moorings in the old port During the seventies the Tripoli Wharf Terminal becomes too small in respect of the volumes that are involved in the trades. In 1977 the company moves to La Spezia where it becomes terminal operator, keeping the offices and the management in Genova. La Spezia: Messina manages to build a naval dockyard into a real Port (partly private and partly in concession) by converting a space just outside the commercial area. Thanks to the new spaces in the following years the company increases its traffics. However, at the end of the Eighties the need of space becomes a problem again. After being asked to come back to the Port of Genoa in 1993, Messina decides to go back only in 1996, taking in concession Nino Ronco quay and Derna wharf along with the behind areas. After a few years, in spite of the larger areas compared to those Messina had in La Spezia, the lack of new spaces arises as a real problem in Genoa too: in 2004 the company manages to get a first extension, then cancelled, and in 2010 together with Terminal San Giorgio with a temporary association of enterprises, is awarded with the former 306.550 sqm Multipurpose areas. Now Messina manages, in extension to the first concession it obtained in the past, Canepa quay, part of Bengasi wharf and back areas as well as the filled space between Ronco and Canepa docks. 32
Gruppo Messina and Ignazio Messina & C. Cargo Handling Equipment Equipment Cargo Handling Systems Cranes 6 Transtainer Portainer 2 4 Equipment fleet Reachstakers / fork-lifts Tractors / Ralle Trailers Loctractors Rolling stocks 422 147 86 111 1 77 Total 428 33
Gruppo Messina MP Terminal Genoa (Containers, Ro-Ro and general cargo) Messina Terminal is located inside the port of Genoa. It ensures the receipt, storage, consolidation, loading and unloading of all types of goods 24 hours a day, 365 days a year Total Area: 253.000 m² (+ 63.000 m² to be completed) Maximum theoretical storage capacity: 10.000 TEU Car deck area: 6.524 m² Rolling stock area: 30.792 m² Dangerous goods storage capacity : 305 TEU Reefer plugs: 130 Warehouses: 11.000 m² Available berths: 5/6 su 1.300 m quay 2017 Draft: 13 m Railway: 5 internal rail lines 440 m each Gates : directly connected to railway & highway network Shipyard and mechanic s workshop to ensure the good conditions of the equipment 34
Lloyd s List Italian Shipping Awards 2011 Award for Achievment in Environmental Protection Any Italian individual, crew, company or organization or other entity whose act, initiative or product contributes to protecting the environment The award for Environmental Protection was won by Ignazio Messina and C. for its outstanding contribution towards the greening of the port of Genoa. 35