SNMC Workers Called to End Strike

French political scene has put enormous pressure on workers of the debt-stricken ferry operator Societé Nationale Corse-Méditerranée (SNCM) who have been on strike since June 24.

 
The workers have been urged to end their strike and allow for the company’s restructuring, which many workers fear will mean severe job cutting.

SNMC Workers Called to End Strike2This situation cannot go on and there needs to be a court-ordered restructuring, because this company is sinking, and in fact the days of strike that accumulate are only putting it more into trouble,” Prime Minister Manuel Valls told TV station TF1.

The struggling company has accrued losses of 250 million euros over the past decade despite subsidies from the state.

Earlier this year, Baja Ferries, Mexican ferry company voiced intention to buy 66 percent stake in SNCM from Transdev. The company said that the talks to close the deal are underway and that a decision might be in before the end of the year.

As explained by Baja Ferries’ director, if acquired, the company would cover routes between Marseille, Corsica and north Africa.

 

World Maritime News Staff, July 10th, 2014

Share this article

Follow World Maritime News

In Depth>

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >