Ferry News Archive
CMN blow to SNCM survival
Date: 22 Mar 2006 00:00 Source: FairplayFrenchferry operator SNCM has seen its chances of winning the concession to run between Marseilles and Corsica suffer a serious blow. The state-controlled company’s traditional partner, CMN (“La Méridionale”), says it is no longer prepared to bid jointly with SNCM for the forthcoming tender, the text of which will be issued on Friday.
The two operators bid jointly in 2001 and comfortably won the concession. Observers believe SNCM is unlikely to win on its own, even though rival Corsica Ferries has played down rumours of a possible link with CMN. SNCM’s unions have expressed their frustration, suggesting that the company would close if the government allowed the concession to go elsewhere. Veolia Transport, which is expected to take over SNCM soon, stressed that the SNCM-CMN partnership is a key element in the takeover plan.
“Withdrawal of CMN would pose a real problem,” Veolia said, adding that any reduction in peak period capacity stipulated in the tender would lead to the loss of 150-200 jobs, and “would not be part of our plan.”
More Ferry News from directferries.co.uk
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Date: 08 May 2012 Source: Brittany Ferries
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Date: 01 May 2012 Source: P&O Ferries
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Date: 30 April 2012 Source: Toremar
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Date: 18 April 2012 Source: Stena Line
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Date: 16 April 2012 Source: Irish Ferries
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