In 1855, the Compagnie Générale Maritime was created.
In 1861, the Compagnie Générale Maritime changed its name to the Compagnie Générale Transatlantique.
In 1969, the Compagnie générale transméditerranéenne (CGTM) was created by joining the Mediterranean services of the Compagnie générale transatlantique with the Compagnie de navigation mixte.
In 1976, the CGTM came under state control and changed its name to SNCM. The state ownership was managed 75% by the Compagnie générale maritime (CGM) and 25% by the SNCF, the latter influencing the new name.
2005 privatizationedit
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 not be profitable, so that Corsicans can access administrative services as well as any other Frenchman. Moreover, Walter 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 Corsican Workers' Trade Union (STC), a new project was presented. In May 2006, the company was privatized. Connex (which has since become 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 to 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]
Former Fleetedit
Sidi Bel Abbes (1949-1963) Scrapped in Alang, India in 1988.
El. Venizelos (2013-2014) as El. Venizelos for ANEK Lines
Referencesedit
^(in French)SNCM: Veolia récupère de nouvelles parts 2014-08-30 at the Wayback Machine, Retrieved 11 September 2014
^Andrew Spurrier (2014-11-29), , IHS Inc., archived from the original on 2015-02-05
Further readingedit
Seville, Richard (2009). Mediterranean Ferries. Ramsey, Isle of Man: Ferry Publications. ISBN9781871947984.
External linksedit
Wikimedia Commons has media related to SNCM.
CGTM/SNCM at Fakta om Fartyg(in Swedish)
Detailed technical specifications of the various ferry vessels, history, deckplans. (in Italian)
May 01, 2024
société, nationale, maritime, corse, méditerranée, société, nationale, maritime, corse, méditerranée, sncm, french, ferry, company, operating, mediterranean, société, nationale, maritime, corse, méditerranéeindustrypassenger, transportationfreight, transportat. Societe nationale maritime Corse Mediterranee SNCM was a French ferry company operating in the Mediterranean Societe nationale maritime Corse MediterraneeIndustryPassenger transportationFreight transportationFounded1969 As CGTM 1976 As SNCM Defunct2016 As SNCM HeadquartersMarseille FranceArea servedFrance Italy Algeria TunisiaWebsitewww sncm fr MS Danielle Casanova departing the port of Bastia MS Pascal Paoli Its ferries sailed 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 Since 2016 the fleet of SNCM went to a new company Corsica Linea SNCM traces its history back to 1850 Contents 1 History 2 2005 privatization 3 Former Fleet 4 References 5 Further reading 6 External linksHistory edit nbsp House flag used by SNCM In 1855 the Compagnie Generale Maritime was created In 1861 the Compagnie Generale Maritime changed its name to the Compagnie Generale Transatlantique In 1969 the Compagnie generale transmediterraneenne CGTM was created by joining the Mediterranean services of the Compagnie generale transatlantique with the Compagnie de navigation mixte In 1976 the CGTM came under state control and changed its name to SNCM The state ownership was managed 75 by the Compagnie generale maritime CGM and 25 by the SNCF the latter influencing the new name 2005 privatization editIn 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 perequation 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 not be profitable so that Corsicans can access administrative services as well as any other Frenchman Moreover Walter 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 Corsican Workers Trade Union STC a new project was presented In May 2006 the company was privatized Connex which has since become 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 to 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 Former Fleet editSidi Bel Abbes 1949 1963 Scrapped in Alang India in 1988 Kaiouran 1950 1974 Scrapped in Spain in 1973 Napoleon 1959 1974 Scrapped in Gadani Beach Pakistan in 1987 Fred Scamaroni 1965 1980 Sank as Salem Express while en route to Suez 15 December 1991 450 passengers died Comte De Nice 1966 1983 Scrapped as Express Naias in Aliaga Turkey in 2003 Corse 1966 1981 Sank as Express Samina at Paros 2 nautical miles away in26 September 2000 80 passengers died Avenir 1967 1976 Sank as Shahrazad in the Red Sea after a fire on board on 21 September 1985 Roussillon 1970 1980 Scrapped as Opi in Aliaga Turkey in 2002 Travetal 1972 1973 Scrapped in Indonesia Monte Rotondo 1973 2002 as Tramola 1 since 2009 Ile De Beaute 1973 1976 scrapped in Chittatong Roads Bangladesh as Empress in 2004 Provence 1974 1989 scrapped as Bel Air in Aliaga Turkey in 1999 Napoleon 1976 2002 scrapped as Berkane in Aliaga Turkey in 2015 L Isere 1976 1984 Scrapped in 2010 L aude 1978 1997 as Meyra since 2011 Cyrnos 1979 1990 scrapped as Beau in Aliaga Turkey in 2013 Liberte 1980 2002 scrapped as Biladi in Aliaga Turkey in 2013 Esterel 1981 1997 scrapped as Mistral Express in Aliaga Turkey in 2016 Corse 1983 2016 as Grand Ferry since 2018 Monte Cinto 1984 2010 as Eden since 2014 Danielle Casanova 1989 2002 as Mediteranee for Corsica Linea since 2016 Monte D Oro 1991 2016 as Monte D Oro for Corsica Linea since 2016 Paglia Orbia 1994 2016 as Paglia Orbia for Corscica Linea since 2016 NGV Asco 1996 2005 sank as Panagia Parou in Algeciras in 2017 and scrapped in Aliaga Turkey in 2018 NGV Aliso 21996 2004 as Kalli P for Idomeneas Lines since 2015 laid up in Perama Greece Napoleon Bonaparte 1996 2014 as Rhapsody for Grandi Navi Veloci since 2014 NGV Liamone 2000 2009 scrapped as Tai Min Star in Taiwan in 2020 Danielle Casanova 2002 2016 as Danielle Casanova for Corsica Linea since 2016 Pascal Paoli 2003 2016 as Pascal Paoli for Corsica Linea since 2016 Jean Nicoli 2007 2016 as Jean Nicoli for Corscica Linea since 2016 NGV Liamone II 2010 2010 laid up in Perama Greece as Aelos Kenteris I since 2011 Excelsior 2013 2014 as Excelsior for Grandi Navi Veloci El Venizelos 2013 2014 as El Venizelos for ANEK LinesReferences edit in French SNCM Veolia recupere de nouvelles parts Archived 2014 08 30 at the Wayback Machine Retrieved 11 September 2014 Andrew Spurrier 2014 11 29 SNCM is put into administration IHS Inc archived from the original on 2015 02 05Further reading editSeville Richard 2009 Mediterranean Ferries Ramsey Isle of Man Ferry Publications ISBN 9781871947984 External links edit nbsp Wikimedia Commons has media related to SNCM Homepage of SNCM CGTM SNCM at Fakta om Fartyg in Swedish Ferries to Corsica Detailed technical specifications of the various ferry vessels history deckplans in Italian Retrieved from https en wikipedia org w index php title Societe nationale maritime Corse Mediterranee amp oldid 1167605835, wikipedia, wiki, book, books, library,
