SNCM

SNCM
Industry Passenger transportation
Freight transportation
Founded 1850
Headquarters Marseilles, France
Area served
 France, Italy, Algeria, Tunisia
Website www.sncm.fr
MS Danielle Casanova departing the port of Bastia
MS Pascal Paoli

SNCM (Société Nationale Maritime Corse Méditerranée) is a French ferry company operating in the Mediterranean.

Its ferries sail from Marseille, Toulon, Nice on mainland France, Calvi, Bastia, Ajaccio, Ile Rousse, Propriano, and Porto Vecchio on Corsica, Porto Torres on Sardinia, Algiers, Oran, Skikda and Bejaia in Algeria as well as Tunis in Tunisia and Genoa in Italy.

SNCM traces its history back to 1850.

History

2005 privatization

In September 2005, French Prime minister Dominique de Villepin presented a project of privatization of the company. Villepin was to hand out the SNCM to Butler Capital Partners for 35 million euros, after a previous "recapitalisation" of 113 million euros (injection of new capital by the state). However, this project caused a public outcry, as it put into question the balancing out principle of public transports (péréquation), meaning that to insure the continuity of the national territory and the equality of all concerning this important territorial continuity. In other words, the state-owned SNCM was to insure transport between the mainland and Corsica all year long, even though in exclusive market terms it may be considered as not profitable enough, in order to insure the possibility for Corsicans to accede to administrative services as well as any other Frenchman. Moreover, Butler was Villepin's schoolmate and friend from l'ENA, the elite public servants school.

Following hard negotiations and a strike by the CGT trade-union and the Syndicat des travailleurs corses ("Corsican workers' trade-union"), a new project was presented. In May 2006, the company was privatized. Connex (which has since became Veolia Transport, a subsidiary of Veolia Environment group) took 28% of the SNCM (against 38% for Butler in the previous arrangement); the state kept 25% of the shares, and 9% sold to the employees. 400 layoffs were planned; in addition of the 113 million euros reinjected by the state before the privatization, 35 million euros were to be given to finance the layoffs.

In 2008, Butler sold its shares to Veolia, who became the main shareholder with 66% of shares.[1] In 2011, the shares were passed on to Veolia Transdev (now simply Transdev), after Veolia merged with Transdev (historic).

The company filed for bankruptcy protection in 2014 and was subsequently placed in receivership of the court of Marseilles.[2]

Fleet

Ship Flag Built Gross tonnage Length Width Passengers Vessels Knots Photos
Corse France 1983 12.686 GT 145 m 23,8 m 1.800 620 22
Mediterranee France 1989 30.985 GT 165 m 27,4 m 2.450 700 24
Monte D'Oro France 1991 22.070 GT 145 m 25,7 m 528 130 19
Paglia Orba France 1994 29.718 GT 165,8 m 29 m 544 120 19
Jean Nicoli France 1998 30.010 GT 200,6 m 25,8 m 1.052 600 27
Danielle Casanova France 2002 41.447 GT 176 m 30,4 m 2.204 700 23
Pascal Paoli France 2003 35.760 GT 176 m 30,5 m 622 130 23

On charter from foreign companies

Ship Flag Built Gross tonnage Length Width Passengers Vessels Knots Photos
Excelsior France 1999 39.777 GT 202 m 28 m 2.253 760 23

Out of service

Ship Flag Built Gross tonnage Length Width Passengers Vessels Knots Photos
Napoleon Bonaparte France 1996 44.307 GT 172 m 30,4 m 2.462 660 23

References

  1. ↑ (French)SNCM: Veolia récupère de nouvelles parts, Retrieved 11 September 2014
  2. ↑ Andrew Spurrier (2014-11-29), SNCM is put into administration, IHS Inc.

External links

Wikimedia Commons has media related to SNCM.