SNCM

Chairman of the Supervisory Board ( Président du Conseil de Surveillance ): Gerard Couturier

The Société Nationale Maritime Corse Méditerranée ( SNCM ) is a French shipping company based in Marseille. It operates regular ferry services between the continental part of France and Italy on the one hand, as well as Corsica, Sardinia, Algeria and Tunisia on the other. SNCM transported people, vehicles and goods on different types of ships, especially ferries and NGVs (Fr. à grande vitesse navires, express ferries).

  • 4.1 privatization

Background

Originally a state-owned enterprise, SNCM was partially privatized in the 2000s; Today the Transdev Group holds 66 % stake in SNCM, the French State still 25 %, the remaining 9% share of the workforce.

The company transported in 2003 approximately 1.5 million passengers and 500,000 vehicles. Its market share in Corsica traffic in that year amounted to approximately 54 % after 82 % in 2000, it met from Marseille for these routes a public contract, for its fulfillment SNCM in 2011 received subsidies totaling 112 million euros. ; However, in spite of these subsidies the company is chronic in losses ( net loss of EUR 14 million in 2012 and EUR 12 million in 2011 ). The subsidies are disputed European law; despite multiple restructuring attempts, it is Company was not able to reduce the losses. In May 2013, the EU also ordered repayment of EUR 220 million in unjustified subsidies over the period 2007-2013 to.

The fleet

In 2011, the fleet SNCM consists of ten ships:

  • Six ferries: Napoléon Bonaparte, Danielle Casanova ( named after a fighter of the Resistance ), Méditerranée, Corse, Ile de Beauté, Jean Nicoli
  • Combined four ships: Pascal Paoli, Paglia Orba, Monte d' Oro, Monte Cinto

The route network

France - Corsica - Sardinia

France - Algeria

France - Tunisia

  • From Marseille to Tunis

History

SNCM was founded in 1969 as the " Compagnie Generale Trans - mediterraneenne " ( CGTM ); it was the result of the merger of Compagnie Générale Transatlantique with the Compagnie de Navigation Mixte. In 1976, the CGTM the name SNCM occasion of a capital increase and the acquisition of control of the company by the government, ( 75% of CGM ( Compagnie Générale Maritime ) and 25% SNCF); a second capital increase in 1978 moved the shares at a ratio of 80/20.

1976 directed the State the principle of territorial Continuité a between Corsica and the Continent, as a result, SNCM got promised subsidies for a period of 25 years in order to align their tariffs to the SNCF can. In 1986, the responsibility for subsidies for Continuité was transferred to the territorial Corsican Regional Assembly, which established the OTC (Office des transports de Corse), which in turn struck agreements with SNCM, which were limited to five years (1986-1990), however, were 1991 and 1996, renewable for another five years.

In 1996, the car ferry from Nice were Napoleon Bonaparte and the Express Ferries Asco and Aliso used on the route Marseille- Ajaccio. In the same year Corsica Ferries opened the Nice- Bastia with an express ferry and turned so that the direct competition with SNCM.

In November 2003, the state began before the date last capital increase, which was clearly intended to save the company from insolvency. The agreement of the European Union on this measure was carried out under the condition that the company sells a portion of its fleet, thereby realizing assets: In September 2004, the Express ferry Aliso was sold to a Liberian shipowners who Asco left in May 2005 the fleet. Owners of the company were at this time the state CGMF ( Compagnie Générale Maritime et Financière ) with 93.02 % (80% before 2003 ), as well as the state-owned railway company SNCF with 6.98% (20 % before 2003).

Privatization

In September and October 2005, there were in France to extensive strikes to privatization of public transport and energy sectors, including disputes about the impending sale of state shares in SNCM to the private equity firm Butler Capital Partners. The CGT and the Corsican union STC organized strikes and blockades in the ports of Marseille and Bastia. There were violent clashes with the police. On September 27, a group of STC members took the ferry Pascal Paoli in their violence, which was stormed on the following day by special units of the police ( GIGN ).

In May 2006, the hitherto purely public SNCM was converted into a public limited company. 25 % of the shares retained by the French State. 9% were employees shares of employees. The remaining 66% of shares are held in July 2013, the Veolia Group (now at its successor Transdev ).

735588
de