Gozo Channel has selected its favourite bidder for the fast-ferry service between the two islands following a period of evaluation.

The selected bidder is Islands Ferry Network, which is made up of Magro Brothers Investments Ltd and Fortina Investments Ltd.

In a statement on Saturday, Gozo Channel said it had received seven offers for the service after a call for offers last February. 

In the coming days, Gozo Channel will submit its offer a contract for public concession where it regards the service of passengers and vehicles. 

The fast ferry service is to be operated by a 350-passenger catamaran.

Read: New tender for fast ferry service issued

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