Trieste Terminal Passegeri S.p.A. was incorporated on April, 11th 2007 by Trieste Port Authority, which underwrote the entire capital of €750,000.
The company was established pursuant to Law no. 84 of January, 28th 1994 which allowed the Port Authority to establish companies to provide services of general interest, as identified by the Decree of the Minister of Transport and Navigation of November, 14th 1994.
Trieste Terminal Passeggeri S.p.A. has a licence, that is effective for a period of twenty-five years starting from January, 1st 2008, to manage the Cruise Terminal located on Molo (Pier) Bersaglieri, near Piazza Unità d’Italia in the city center, the Passenger Terminal at Molo (Pier) IV and the Ferry Terminal at Ormeggio (Berth) 57 in the New Port. In addition, the company manages the parking lots at Molo (Pier) IV and along Trieste’s waterfront.This licence is effective for a period of twenty-five years starting from January, 1st 2008.
At the end of 2010, the Port Authority of Trieste sold 60% of Trieste Terminal Passeggeri S.p.A. by a public tender. The shares were purchased by Trieste Adriatic Marine Initiatives S.r.l. (TAMI) composed by four companies (MSC, Costa Crociere, Giuliana Bunkeraggi and Assicurazioni Generali).
The shares were transferred in October 2011.